[Asia Economy Reporter Kim Bo-kyung] Bolt Creation, a specialized venture company in the materials, parts, and equipment (SoBuJang) sector, announced on the 9th that it has selected Samsung Securities as its lead underwriter. Bolt Creation, which developed an eco-friendly mask, is pushing forward with the initial public offering (IPO) process in earnest following the selection of the underwriter and aims for a KOSDAQ technology special listing next year.
Founded in 2015, Bolt Creation is a SoBuJang technology company possessing a new concept dry etching technology. In particular, it developed a reusable high-performance eco-friendly mask using technology that can precisely and uniformly etch polymer filters at the micrometer level. Last year, it received 5 billion KRW in investment and was selected for a government project worth 4 billion KRW, gaining external recognition for its technological capabilities.
Through its etching technology, the company has steadily advanced its technology to enter the small and medium-sized FMM market, which has been monopolized by Japanese companies. Recently, it succeeded in producing high-resolution FMM prototypes, attracting market attention.
The 'Face Bio Guard,' which began sales last year, started exports immediately after its launch, and domestically, marketing began through entry into Kyobo Bookstore's Hottracks and radio and TV advertisements.
Choi Sang-jun, CEO of Bolt Creation, said, "The research and development currently underway is mostly business-to-business (B2B), and once mass production is confirmed, it will generate stable and significant sales," adding, "We are simultaneously undertaking many challenges to create additional added value using our technology."
He expressed confidence, saying, "As the world's first product with a high aperture ratio and droplet suitability certification, and with the upcoming launch of a transparent mask using our polymer filter, the company's value will continue to rise."
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