MZ Solution Signs Facility Supply Partnership with Major Financial Affiliate... Expanding AI Fire Suppression Solution Deployment

MGN Solution announced on the 14th that it has signed a facility rental supply partnership agreement with a large conglomerate-affiliated comprehensive financial company. This is to expand the market related to AI (artificial intelligence) fire detection and suppression solutions.

Recently, fires have frequently occurred in small and medium-sized manufacturing factories such as waste factories, primary battery companies, and waste battery companies.

According to the company, “After continuous consultations with the financial company to reduce the initial cost burden of AI fire suppression solutions for small and medium-sized enterprises, it was agreed that payments can be made in installments over 3 to 5 years.”

They added, “This is the first case in Korea where leasing is possible for fire-related solutions,” and “Even if funds are somewhat insufficient for safety at present, we hope this opportunity will be used to adopt the solution.”

Previously, MGN Solution’s subsidiary, Hyundai Infracore, developed the world’s first Internet of Things fire prediction computer called ‘AlphaView.’ The product with added functions to spray water and extinguishing agents is called ‘AlphaShot,’ and the recently released new product automatically and unmannedly sprays a fire extinguishing agent exclusively for lithium batteries, which is the only disaster safety certified product in Korea.

MGN Solution’s AI fire suppression solution detects fires unmanned 24 hours a day and suppresses them automatically. It is being supplied to various channels such as local government resource circulation centers, private resource circulation centers, Garak Market, and large corporate golf courses.

In particular, it holds original technology and numerous patents as competitive advantages compared to other companies. Having secured operational know-how and reliability through various field installations, inquiries for installation have been pouring in recently from electric vehicle charging stations and large-scale apartment underground parking lots.

An MGN Solution official said, “With this partnership, we expect the supply of our fire suppression system to gradually expand to various facilities,” and “We will take a more active lead in fire prevention and suppression.”