Gaon Broadband Wins '10G National Project'... "Leading the Next-Generation Solution"

[Asia Economy Reporter Hyunseok Yoo] Gaon Broadband, a network solutions specialist company, announced on the 16th that it will participate in the "10 Giga Internet Activation Promotion Project" led by the Ministry of Science and ICT and promoted by the National Information Society Agency (NIA), to develop Wi-Fi 6E equipment and advance its solutions.

This project aims to proactively respond to the rapidly evolving network environment by developing domestic 10-gigabit-class equipment, building infrastructure, and discovering application service models. The 10-gigabit-class internet service offers speeds up to 10 times faster than existing gigabit internet.

The consortium, led by SK Broadband, will carry out the project until the end of this year. Among them, Gaon Broadband is responsible for developing Wi-Fi 6E wireless routers (APs) and plans to enhance and integrate its proprietary remote network management solution, KRMS (Kaon Remote Management System).

Wi-Fi 6E is a standard that expands the frequency band of the latest Wi-Fi standard, Wi-Fi 6, to 6 GHz. Its maximum transmission speed per second is at least twice as fast as existing Wi-Fi. It is essential infrastructure for real-time transmission of large-capacity data, such as augmented reality (AR) and virtual reality (VR) technologies that constitute the Metaverse.

A company official stated, "As various application services requiring ultra-high-speed and ultra-low-latency networks are being launched and consumer demand continues to increase, the domestic and international Wi-Fi 6E market is expected to gradually expand," adding, "We plan to lead commercialization by developing next-generation network technologies and advancing our proprietary solutions."

Meanwhile, Gaon Broadband, a subsidiary of Gaon Media, an AI total solutions specialist company, has selected Mirae Asset Securities as the lead manager and is promoting an initial public offering (IPO) aiming to be listed on the KOSDAQ market next year.