ULSAN, March 29 (Korea Bizwire) — Two South Korean police officers have acquired a patent for a so-called “unsinkable drone” from the Korea Intellectual Property Office. The primary concept of the unsinkable drone proposed by lieutenant Cha Dae-seon and police administrator Lee Tae-wook from the Ulsan Metropolitan Police Agency is that when the drone is [...]
SEOUL, March 21 (Korea Bizwire) — Samsung Electronics Co.’s acquisition of additional shares in robot developer Rainbow Robotics is igniting interest on whether it will resume large-scale merger and acquisition (M&A) initiatives, which have been halted for about six years. The South Korean tech giant can become the largest shareholder of Rainbow Robotics depending on [...]
SEOUL, March 20 (Korea Bizwire) — The Jeju provincial government has announced that it will be introducing a commercial drone delivery service, for the first time in the country, later this year. The Ministry of Land, Infrastructure and Transport and the Korea Institute of Aviation Safety Technology selected 15 cities and provinces for the drone [...]
SEOUL, March 16 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has acquired additional shares of Rainbow Robotics, in a move to enhance its robotics business, a sector it sees as having a huge growth potential. Samsung said in a regulatory filing that it bought 913,936 shares of the South Korean robot company for [...]
SEOUL, March 14 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of South Korean conglomerate Hanwha Group, said Monday it successfully demonstrated an anti-drone system designed to detect and track illegal drones and to disable them using physical nets. During the period from March 2-8, the company tested its anti-drone system designed [...]
DAEJEON, March 10 (Korea Bizwire) — A South Korean research team has developed an unmanned smart farm robot that can harvest and transport fruits without the need for human help. The Korea Institute of Machinery and Materials said Thursday that its researchers has developed a special robot that can harvest garden crops such as fruits [...]
SEOUL, March 8 (Korea Bizwire) — SK Telecom Co., South Korea’s No. 1 wireless carrier, said Tuesday it will jointly develop and commercialize a self-driving patrol robot in collaboration with its cybersecurity service subsidiary SK shieldus Co. and a robot technology company Neubility by the end of this year. The self-driving robot will patrol a [...]
SEOUL, Feb. 28 (Korea Bizwire) — The increasing adoption of industrial robots centered on labor-intensive and dangerous work could reduce the share of human workers in the overall workforce, thus lowering the number of workers injured by occupational accidents, a central bank report said Monday. Kim Hye-jin, an economist at the Bank of Korea (BOK), [...]
SEOUL, Feb. 23 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean aircraft engine maker, is on track to secure anti-drone technology to cope with the threat of unmanned drones. The company announced on Wednesday that it had invested in Fortem Technologies, Inc., a U.S.-based airspace defense and security specialist, under a Simple Agreement for [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea will hold its largest exhibition of unmanned aerial vehicles (UAV) in the southeastern port city of Busan this week to showcase latest technologies and models and to discuss the future of the industry, the industry ministry said Wednesday. Drone Show Korea 2023, the seventh edition of the [...]