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KAIST holds its first ‘KAIST Tech Fair’ in New York, USA
< Photo 1. 2023 KAIST Tech Fair in New York > KAIST (President Kwang-Hyung Lee) announced on the 11th that it will hold the ‘2023 KAIST Tech Fair in New York’ at the Kimmel Center at New York University in Manhattan, USA, on the 22nd of this month. It is an event designed to be the starting point for KAIST to expand its startup ecosystem into the global stage, and it is to attract investments and secure global customers in New York by demonstrating the technological value of KAIST startup companies directly at location. < Photo 2. President Kwang Hyung Lee at the 2023 KAIST Tech Fair in New York > KAIST has been holding briefing sessions for technology transfer in Korea every year since 2018, and this year is the first time to hold a tech fair overseas for global companies. KAIST Institute of Technology Value Creation (Director Sung-Yool Choi) has prepared for this event over the past six months with the Korea International Trade Association (hereinafter KITA, CEO Christopher Koo) to survey customer base and investment companies to conduct market analysis. Among the companies founded with the technologies developed by the faculty and students of KAIST and their partners, 7 companies were selected to be matched with companies overseas that expressed interests in these technologies. Global multinational companies in the fields of IT, artificial intelligence, environment, logistics, distribution, and retail are participating as demand agencies and are testing the marketability of the start-up's technology as of September. Daim Research, founded by Professor Young Jae Jang of the Department of Industrial and Systems Engineering, is a company specializing in smart factory automation solutions and is knocking on the door of the global market with a platform technology optimized for automated logistics systems. < Photo 3. Presentation by Professor Young Jae Jang for DAIM Research > It is a ‘collaborative intelligence’ solution that maximizes work productivity by having a number of robots used in industrial settings collaborate with one another. The strength of their solution is that logistics robots equipped with AI reinforced learning technology can respond to processes and environmental changes on their own, minimizing maintenance costs and the system can achieve excellent performance even with a small amount of data when it is combined with the digital twin technology the company has developed on its own. A student startup, ‘Aniai’, is entering the US market, the home of hamburgers, with hamburger patty automation equipments and solutions. This is a robot kitchen startup founded by its CEO Gunpil Hwang, a graduate of KAIST’s School of Electrical Engineering which gathered together the experts in the fields of robot control, design, and artificial intelligence and cognitive technology to develop technology to automatically cook hamburger patties. At the touch of a button, both sides of the patty are cooked simultaneously for consistent taste and quality according to the set condition. Since it can cook about 200 dishes in an hour, it is attracting attention as a technology that can not only solve manpower shortages but also accelerate the digital transformation of the restaurant industry. Also, at the tech fair to be held at the Kimmel Center of New York University on the 22nd, the following startups who are currently under market verification in the U.S. will be participating: ▴'TheWaveTalk', which developed a water quality management system that can measure external substances and metal ions by transferring original technology from KAIST; ▴‘VIRNECT’, which helps workers improve their skills by remotely managing industrial sites using XR*; ▴‘Datumo’, a solution that helps process and analyze artificial intelligence big data, ▴‘VESSL AI’, the provider of a solution to eliminate the overhead** of machine learning systems; and ▴ ‘DolbomDream’, which developed an inflatable vest that helps the psychological stability of people with developmental disabilities. * XR (eXtended Reality): Ultra-realistic technology that enhances immersion by utilizing augmented reality, virtual reality, and mixed reality technologies ** Overhead: Additional time required for stable processing of the program In addition, two companies (Plasmapp and NotaAI) that are participating in the D-Unicorn program with the support of the Daejeon City and two companies (Enget and ILIAS Biologics) that are receiving support from the Scale Up Tips of the Ministry of SMEs and Startups, three companies (WiPowerOne, IDK Lab, and Artificial Photosynthesis Lab) that are continuing to realize the sustainable development goals for a total of 14 KAIST startups, will hold a corporate information session with about 100 invited guests from global companies and venture capital. < Photo 4. Presentation for AP Lab > Prior to this event, participating startups will be visiting the New York Economic Development Corporation and large law firms to receive advice on U.S. government support programs and on their attemps to enter the U.S. market. In addition, the participating companies plan to visit a startup support investment institution pursuing sustainable development goals and the Leslie eLab, New York University's one-stop startup support space, to lay the foundation for KAIST's leap forward in global technology commercialization. < Photo 5. Sung-Yool Choi, the Director of KAIST Institute of Technology Value Creation (left) at the 2023 KAIST Tech Fair in New York with the key participants > Sung-Yool Choi, the Director of KAIST Institute of Technology Value Creation, said, “KAIST prepared this event to realize its vision of being a leading university in creating global value.” He added, “We hope that our startups founded with KAIST technology would successfully completed market verification to be successful in securing global demands and in attracting investments for their endeavors.”
A student club for education donation at KAIST received an award from the City of Daejeon Education Superintendent
One of the student clubs at KAIST, the Midam Scholarship Fund, was awarded by the education superintendent of Daejeon City in recognition of its contributions to the education benefits of underprivileged students in the region.The Midam Scholarship Fund was established in 2009, and since then, it has helped many teenage students who are suffering financial hardships through knowledge donation. The Fund organized private classes and mentoring programs for the students as well as collaborating with other education donation clubs at seven different universities in Korea.The award ceremony was held on February 20th at the City Hall in Daejeon.
Six Organizations Join Forces to Induce Projected National Brain Institute to Daejeon
Six major organizations including KAIST have joined forces to help Daejeon City to win the government approval to build the envisioned Korean Brain Institute in Daedeok Research Complex. The six organizations signed a memorandum of understanding on cooperating in establishing the government-funded institute built within the Daedeok Research Complex in the city of Daejeon, at KAIST on Jan. 14. The six organizations are KAIST, the Daejeon City Government, Korea Research Institute of Bioscience and Biotechnology, Korea Research Institute of Standard and Science, Asan Medical Center, and SK Corp., a pioneer in effective therapeutic invention for serious brain disorders. The partnership of the six organizations is expected to bring a broad-based cooperation opportunities and create a massive synergy effect in the brain science researches and the development of new therapeutic treatment for brain disorders by combining their resources and infrastructures. The six organizations have also built an international research network with such globally-renowned brain research institutions as RIKEN, a large natural sciences research institute in Japan, Max Plank Institute in Germany, Federal Institute of Technology, Lausanne, in Switzerland and Brain Research Institute of University of Queensland in Australia. The research network is under the support and guidance of Dennis Choi, a prominent neuroscientist who once served as the President of the Society for Neuroscience and is currently a professor in the Departments of Neurology and biology at Emory University. The tentatively titled Korea Brain Institute is envisioned to help fight brain disorders and create Korea"s new growth engine, as well as lengthening life span, by conducting convergence researches in nero science, brain science and pharmacology. If the consortium of the six organizations wins the government approval to build the proposed institute within the Daedeok complex, the central government and the Daejeon city government are expected to pour a total of 329.7 billion won into the project by 2020.
President Nam Pyo Suh appreciates Exhibition 'Rounault' with executives
The president of KAIST Nam Pyo Suh appreciated the exhibition ‘Rounault - artist preserving the freedom of sprit’, which was held at Daejeon Museum of Art in commemoration of the 120th anniversary of amity between Korea and France, with all KAIST executives. About 80 executives of KAIST including President Suh, Inspector Incheol Yeo, Vice president Soonheung Chang, deans, chiefs of office, heads of department, heads of team, etc. enjoyed the exhibition for one hour from 5:20 p.m. August 24, Thursday. President Suh revealed his intention that KAIST would cooperate with Daejeon City Hall and its community to develop Daejeon into one of the world-class high-tech cities at the press conference, which was held on July 14 in commemoration of his inauguration. This day’s event was also the expression of an intention that KAIST would be together with Daejeon community. An official from KAIST revealed that the purports of the event are ▲ KAIST will actively participate in the events happening in the community, which makes Daejeon citizen have affection to KAIST and ▲ KAIST wishes to play a practical role to enhance Daejeon’s image as the city of science and technology, and art and culture.
National NanoFab Center Established
NNFC Emerges with Cutting-edge Nanotech On March 16, a dedication ceremony was held at KAIST to mark the completion of the National NanoFab Center(NNFC). The opening was graced with the presence of several prominent figures, namely, President Robert B. Laughlin, Daejeon City Mayor Hong-chul Yum, and Myung Oh, Deputy Prime Minister and Minister of Science and Technology.Celebrations of the opening were attended by roughly 300 related personnel. After a welcoming speech given by Hee-Chul Lee, President of NNFC, the event proceeded with a ribbon cutting ceremony, followed by a grand tour of the cleanroom. The newly completed NNFC on campus boasts a total area of 17,035 square meters which consists of a four-storey research building, a cleanroom and a central utility building. Still at the first stage of its equipment supplementation, the center has currently achieved an immense 140 in gear variety, worth approximately 80 billion won. At its final stage, a total of 206 equipment arrangements are to be available for various research purposes. Implementing the use of state-of-the-art facilities, NNFC’s devices include an electron beam capable of critical measurements as small as ten nanometers and an ion beam structure for the analysis of nano-scale materials. These equipments are to be used in numerous areas - fundamental physics, biotechnology and nanoscience Until the year 2011, a sum of 290 billion won is to be invested in the NNFC by the government and other private organizations. The center, along with Daedeok Techno Valley, aspires to play an integral role in maturing towards a new age of nanotechnology. President Lee of the NNFC stated that the center is essential for Korea’s nanotechnology skills to achieve higher standards and compete with countries such as the U.S. and Japan. President Lee is also a professor of KAIST at the Division of Electrical Engineering. By Kyoung-lee Park / Staff ReporterApril, 2005 / The KAIST Herald
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