MGN Solution is showing strong performance. This is interpreted as related technology gaining attention ahead of the government's fire safety measures announcement.
As of 10:40 AM on the 6th, MGN Solution is trading at 1,525 KRW, up 4.45% compared to the previous day.
On the same day, the Office for Government Policy Coordination plans to hold a meeting on national issues with relevant ministers, chaired by Prime Minister Han Duck-soo, at the Government Seoul Office to discuss measures related to electric vehicle fires.
The government plans to prepare measures that comprehensively consider the effectiveness of electric vehicle fire safety management and industrial competitiveness.
Meanwhile, MGN Solution recently launched a new fire suppression solution to prevent lithium battery fires. This solution enables initial response within 30 seconds of fire occurrence through 24-hour detection and control functions.
It also automatically sprays a lithium battery-specific extinguishing agent, which is the only one certified for disaster safety in Korea, in an unmanned manner. This extinguishing agent is also applied to Alpha Shot for electric vehicle charging stations.
MGN Solution is developing AI autonomous firefighting robots and electric vehicle fire suffocation extinguishing systems. Currently, it is pursuing business cooperation with multiple companies related to AI (artificial intelligence) fire detection and suppression solutions.
According to the company, inquiries for installation are flooding in from electric vehicle charging stations and large-scale apartment underground parking lots.
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