EdgeFoundry Signs Exclusive License Agreement for QuantumRed with Hanwha Systems

Sensor specialist Edge Foundry announced on the 25th that it has signed an exclusive license agreement for the thermal imaging camera module brand 'QUANTUM RED' last month, marking the official start of its global market expansion.

This contract was additionally signed following the extension of the single sales supply contract for QUANTUM RED Mini in April last year, with Edge Foundry concretizing its strategy to further solidify its position in the thermal imaging camera market.

QUANTUM RED is an innovative product that applies the world's first patented technology, the Total Radiometric Sensor Module (TRSM), enabling precise temperature measurement without the need for a blackbody.

It is a high-resolution thermal imaging module that was the first in Korea to receive Q-Mark certification and Korea Information and Communication Technology Association (TTA) GS Certification Grade 1. It can be utilized in various fields such as industrial, surveillance, and medical applications, possessing continuous growth potential.

Through this contract, Edge Foundry has secured an exclusive position in the manufacturing, sales, and advertising of QUANTUM RED. This will enable rapid expansion of market share in various civilian and industrial markets including security, industrial temperature measurement, and medical healthcare.

Additionally, combined with the ongoing strategic merger, it is expected to maximize technological capabilities and business competencies. This move to enhance competitiveness in the global defense and advanced surveillance markets is anticipated to further strengthen cooperation with existing partners.

An Edge Foundry representative stated, "It is significant that we signed the exclusive license agreement for QUANTUM RED immediately after announcing the corporate merger. This contract will further increase Edge Foundry’s corporate value, and once the merger is completed, we will secure a dominant position in the global thermal imaging sensor market."

Meanwhile, Edge Foundry emphasized its strategy for continuous growth and maximizing shareholder value by explaining the background and expected effects of the merger, as well as future goals, to institutional and media representatives.