AETECH, selected for the Global ICT Future Unicorn Development Project
Waste resource sorting robot development company AETECH announced on the 11th that it was selected for the '2024 Global Information and Communication Technology (ICT) Future Unicorn Cultivation Project' sponsored by the Ministry of Science and ICT.
The Global ICT Future Unicorn Cultivation Project is aimed at helping promising digital companies grow into unicorn companies. In the digital technology fields such as artificial intelligence (AI) and service-oriented software, AI semiconductors, and robots, it supports companies with high growth potential in global markets, such as overseas market entry and securing growth funds.
AETECH has been recognized as a small and medium-sized enterprise with global growth capabilities and potential, making it eligible for institutional support. Building on this selection, the company plans to develop global growth momentum based in the Asia-Pacific region, including Singapore, Indonesia, and Australia.
AETECH is a company that has automated waste sorting tasks with a robot, the AI robot 'Atron.' They have commercialized the automation solution at a domestic recycling sorting facility, increasing their influence as the first in Korea to do so.
Atron has deeply learned more than 2.6 million recycling sorting tasks. It can sort 43 types of recyclables and classify 96 items per minute. It holds intellectual property rights with 10 domestic patents registered, 20 patents applied, and 8 international PCT applications based on its own technology.
An AETECH official stated, 'Based on this support project, we will actively prepare for overseas expansion and grow into a global company that provides waste solutions worldwide.'
Meanwhile, the Ministry of Science and ICT has selected 15 small and medium-sized enterprises in the ICT or ICT convergence fields through this support project. The selected 15 companies will receive concentrated support for establishing strategies and consulting needed for overseas market entry, along with specialized programs utilizing overseas bases.
Reporter Shin Young-bin