Twoen, a Gyeongbuk TP Tenant Company, Wins Award at the KIC DC Tech Summit in the US

Proven Proprietary Water Treatment Technology Based on Membrane Distillation
Achieves 30% Energy Reduction and 80% Water Recovery Rate

Gyeongbuk Technopark (President Ha Inseong, Gyeongbuk TP) announced on the 4th that its tenant company, Twoen Co., Ltd., recently participated in the 9th KIC DC Tech Summit held in Gaithersburg, Maryland, USA, where it won the "Change Maker Award" (an award for solving social issues and innovative ideas) in the global IR (Investor Relations) competition.

According to Gyeongbuk TP, this award is significant as it marks the official international recognition of the innovation and global market potential of Twoen's proprietary water treatment technology based on Membrane Distillation (MD) technology.

Gyeongbuk TP Advanced Medical Convergence Fiber Center tenant, Twoen Co., Ltd., received the "Change Maker Award" at the 9th KIC DC Tech Summit held over two days from the 24th to the 25th of last month in Gaithersburg, Maryland, USA. Provided by Gyeongbuk TP

Twoen Co., Ltd., a tenant company, was established in 2021 and moved into the factory building of the Gyeongbuk TP Advanced Medical Convergence Fiber Center in 2023. It is a promising company developing core technologies in the eco-friendly industry sector, based on oil-water separation, wastewater purification, and water electrolysis technologies.

In particular, Twoen has strengthened its global presence by signing agreements with international companies in the United States, Japan, and Singapore, and by exporting oil-water separators to Japanese companies as part of its proactive overseas market expansion efforts.

Twoen's core membrane distillation technology reduces energy consumption by 30% compared to conventional reverse osmosis (RO) methods, while achieving an exceptionally high water recovery rate of over 80%. This has drawn global attention as an innovative alternative for sustainable water production technologies.

Twoen has now independently succeeded in scaling up its membrane distillation technology, and, in recognition of its technological capabilities, has been selected for the Deep-Tech TIPS program, under which it is currently conducting business.

Through this, the company is pursuing commercialization of seawater desalination and expanding the application of its technology to new fields such as wastewater from secondary battery processes and radioactive wastewater treatment.

Twoen's technology has been highly evaluated for simultaneously achieving environmental sustainability and economic viability. Its successful IR presentation and the receipt of the "Change Maker Award" at the KIC DC Tech Summit have once again demonstrated the company's technological competitiveness and global scalability.

Kim Jaehoon, CEO of Twoen, commented on the award, saying, "Winning the global IR competition is a meaningful achievement that signifies international recognition of our team's technology in terms of marketability and potential," and added, "We will continue to grow as a 'change maker' by applying membrane distillation (MD) technology across industries in Gyeongsangbuk-do to create sustainable innovation."

Ha Inseong, President of Gyeongbuk TP, stated, "Twoen's innovative technology provides practical solutions to global water resource management issues," and emphasized, "We will spare no effort in actively supporting promising small and medium-sized enterprises in the Gyeongbuk region so that they can achieve greater growth on the global stage and contribute to the development of regional industries."

This content was produced with the assistance of AI translation services.