Byu Technology has raised expectations for entering the civilian aircraft maintenance sector by successfully filing and registering patents related to aircraft maintenance.
Byu Technology, a KOSDAQ-listed company (CEO Jin-Yeop Lee), announced on the 14th that it has acquired a patent for augmented reality (AR)-based aircraft maintenance technology.
The patent was filed based on the technology of the "Augmented Reality (AR) Method 5G (5th Generation Communication) Based Aircraft Maintenance System," led by Byu Technology, and is utilized in aircraft maintenance and operations.
If airlines adopt this technology, it will enable the introduction of an "AR Maintenance Technician Training System" without time and space constraints, allowing multiple maintenance technicians to receive collaborative maintenance training simultaneously.
Additionally, by providing demonstration-based "service scenarios," it is possible to establish AR maintenance operation plans for targeted aircraft models.
In particular, it includes technologies such as recognition and tracking of maintenance targets on physical equipment and collaboration functions, enabling rapid response to various maintenance environments. It is also revolutionary in that it can be linked with electronic technical manuals for aircraft maintenance (MRO).
Byu Technology plans to significantly expand its "AR aircraft maintenance" development business, which had been limited to the military sector, into domestic and international civilian aviation sectors, starting with this patent application.
The company also intends to develop customized AR maintenance services for domestic and global airlines using this patent and expand its business through various methods such as ▲sales ▲subscriptions ▲licenses.
A company representative said, "This patent application will serve as a foothold to expand Byu Technology's aircraft maintenance business, which had been confined to the military sector, into the civilian sector," adding, "We are actively discussing the introduction of AR aircraft maintenance with domestic and international airlines recently."
Furthermore, the representative added, "We are also considering a business model that tokenizes the patent IP as NFTs," and "We expect that digitalizing the patent as an asset will increase not only its technical value but also its marketability."
Meanwhile, Byu Technology recently proved its strength in the "aircraft maintenance training field" by securing orders worth approximately 4.2 billion KRW over the past month (including maintenance training simulators and maintenance training equipment).
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