[Special Stock] MZ Solution Emerges as a Major Beneficiary of the 10 Trillion Won Super Supplementary Budget... AI Autonomous Firefighting Robots and Drones Highlighted Upward

As the government proposes a supplementary budget in response to South Korea's worst wildfire damage, MGen Solution is showing strong performance. MGen Solution is engaged in businesses related to artificial intelligence (AI) fire detection and suppression robots and firefighting drones.

As of 10:53 AM on the 31st, MGen Solution is trading at 1,374 KRW, up 5.86% compared to the previous day.

On the same day, the People Power Party urged the National Assembly to promptly agree on the 10 trillion KRW supplementary budget proposed by the government.

Choi Sang-mok, Deputy Prime Minister and Minister of Strategy and Finance, stated the day before, "We will push for an essential supplementary budget of 10 trillion KRW to address urgent issues such as wildfire damage recovery and trade risks."

In response to the large wildfires recently spreading mainly in the Yeongnam region, both ruling and opposition parties have taken measures to address the damage. Gyeongbuk Province plans to introduce a nighttime wildfire response system including firefighting drones and unmanned firefighting robots.

Meanwhile, MGen Solution is reportedly in the final stages of developing an AI fire detection and suppression robot through its subsidiary Hyundai Infracore.

This robot can perform initial response within 30 seconds of fire occurrence through 24-hour unmanned detection. It is also equipped with fire suppression functions that can immediately spray water and extinguishing agents on site. It features fully autonomous driving capabilities capable of overcoming obstacles such as slopes, uneven surfaces, and speed bumps, as well as an AI-based prediction and decision-making system.

Recently, MGen Solution has been collaborating with Gaion, a big data-based security monitoring specialist company, to build a wildfire disaster response system utilizing multiple drones. The two companies plan to develop various AI disaster safety solution businesses, including linking firefighting robots and drones through the multi-drone wildfire disaster response system.