The 23rd Innovative Technology Show (ITS) was held at the COEX Center in Gangnam, Seoul last week. Like last year, Ubergizmo was a member of the jury for the ITS Awards (via video conference). We carefully reviewed and evaluated the value proposition and technical excellence of the K-Innovation Company award finalists.
The ITS opened with a welcome speech by Minister Young Lee of the Ministry of SMEs and Startups who called the show “Korea’s largest technology innovation event focused on SMEs”. This year’s theme was “Tech Innovation, Talk to the Future!”.
10 out of 245 companies made it to the finalso the competition was intense and we were impressed by the overall sophistication of the products and technologies being used in different industries.
Ubergizmo nominated three companies for Ubergizmo’s “Best of ITS 2022” based on their innovation, ability to export globally, and value proposition. They are Everchemtech, SHENBand NES&TEC Co.,Ltdin this order.
Everchemtech is a company that develops films made of various materials that are typically used for industrial purposes, such as the insulation of electronics. However, they have developed a new product that could reach every consumer because it is related to food: NEXRIER.
NEXRIER stands for NEXt BarRIER and is a biodegradable Substitute for plastics in the food industry. Its purpose is to prevent contact between food and oxygen, and it can be a direct replacement for traditional plastic packaging.
It is usually extremely difficult to produce a biodegradable plastic that does not degrade very quickly when it comes into contact with moisture or food. Everchemtech says it has succeeded, and although its product will eventually biodegrade, they are stable throughout the food’s shelf life.
Additionally, the company says it can produce this NEXRIER 30% to 40% cheaper than the traditional plastic equivalent in the ethylene vinyl alcohol (EVOH) family. As far as we know, this is a huge breakthrough that could lead to a drastic and economically sustainable reduction in oil consumption in this industry.
Surprisingly, the base component of NEXRIER is whey protein, which is usually a by-product of cheese making. Everchemtech’s NEXRIER received one of two “Excellence Awards” from the combined judges.
SHENB is a medical device manufacturer demonstrating its VIRTUE RF microneedling device.
Microneedling is a medical procedure typically used in the cosmetics industry to rejuvenate or heal people’s skin. For example, it has been used to treat acne, hair loss, scars, sun damage, wrinkles, and more.
Microneedling works on the principle that pricking the skin with tiny needles (controlled skin damage) causes your body to heal (rebuild) that area by producing more collagen and elastin. Healed skin may look better, although it is not without risk and experts should perform procedures according to local regulations.
SHENB uses RF (radio frequency) technology in addition to the needle, hence the product name VIRTUE RF. RF converts to heat and can penetrate deeper into the skin’s layers, providing even more control and treatment options. Most people don’t know it, but human skin is made up of three distinct layers.
Other manufacturers also use HF, but SHENB’s novelty comes from a few features. First, it has ACS (Advanced Cooling System) that cools the skin once the RF energy has done its job. This allows more energy to be used (reach deeper) while avoiding the risk of thermal injury.
Next, IPRS (Integrated Pulsed Radiofrequency System) provides better energy pulse control, which translates into a “broader area of skin rejuvenation,” says SHENB. Finally, the device operates across multiple frequencies (0.5MHz to 2MHz) and can safely deliver energy for up to 7 seconds (up from 0.8 seconds previously), the company says.
Apparently the Virtue RF has already been approved by the US FDA and its European equivalent, and SHENB is already working on Upgrade 2024. SHENB is the other recipient of an ITS 2022 “Excellence Award”.
NES & TEC
NES & TEC Co LTD introduced its SWID drone (multi-copter UAV system in technical jargon), which has several potential purposes. It is ideally suited, for example, to keep an eye on infrastructure as an industrial drone or to be used by fire brigades in forest fires.
However, it also has strong military potential as it is engineered to resist jamming and can navigate even when traditional positioning systems (like GPS) are unavailable.
To ward off hackers, NES & TEC uses a proprietary flight control system. While we can argue about the level of security of proprietary vs. open-source code, the company didn’t really have a choice since the South Korean military bans existing open-source communications systems. The encryption used in this drone conforms to the Korean Military Specification-level encryption standard (KCMVP).
NES & TEC has also received safety certifications in the US and Europe, but did not elaborate on which. The company mentioned that the drone can withstand interference and navigate despite the GPS disconnect. Alternatively, a camera-based positioning system is used for this purpose.
Given recent military developments, this capability is likely to draw the attention of security forces worldwide, as drones have proven to be extremely valuable reconnaissance tools.
The other great finalists are listed below. Most are also excellent and deserve your attention:
- JPS: Winner of the ITS 2022 Grand Prize. (electrical steel for packaging steel products)
- Kanavi mobility: Scanning LiDAR sensor products
- IntelliVIX: Deep learning based CCTV video analyzer
- Jijun system: intelligent general parking management system
- Secuworks: Sound field security sensor
- ison: Charging station for drones
- P&S technology: Food & Beverage (PET Bottle) Inspection Equipment.
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