HistoryHistory
History
From a handful of steel scrap
to a company that reads the invisible
How a small Hyundai Steel task force on scrap grading became the company that built a Korean neutron element analyzer.
2023
Founded
Spun off from Hyundai Motor Group
3
Strategic investors
Hyundai Motor · Hyundai Steel · Hyundai KEFICO
6
Sites
HQ · Pangyo · Hwaseong plant · 3 labs
TIPS
Deep-Tech TIPS
Neutron analysis technology recognized
Our History
Milestones
2025
- Exhibited at CES 2025 with Hyundai Motor Group ZER01NE
2024
- Pitched at Gyeonggi Center for Creative Economy & Innovation “Startup 815 IR – SEED”
- Selected for the Deep-Tech TIPS program, Ministry of SMEs and Startups
- Selected for the Chung Mong-Koo Foundation H-ONDREAM incubating track · presented at MTAA-16, Budapest
- Corporate R&D center registered
- MOU with Kangwon National University on test infrastructure for industrial non-destructive analyzers
- Certified as a venture company
- Pre-A investment · MOU with two partners of a battery recycling alliance
2023
- Seed investment — Hyundai Motor (ZER01NE) · Hyundai Steel · Hyundai KEFICO
- Selected for the 2023 in-house venture program, Ministry of SMEs and Startups
- Incorporated · headquarters in Gwonseon-gu, Suwon
- Spin-off approved by Hyundai Motor Group
2021
- Selected as a Hyundai Motor Group in-house startup — incubated until 2023
2018
- Began in Hyundai Steel’s “scrap grading reform” task force
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