Jeonnam National University Industry-Academic Cooperation Foundation Supports Competitiveness of Promising Domestic Companies

Jeonnam National University Campus.

The Industry-Academic Cooperation Foundation at Jeonnam National University has transferred its world-class "image-based structural displacement measurement technology" to OurBrain Co., securing a technology fee of 100 million won and a sales-linked royalty. This technology transfer is recognized as a model case of supporting a promising domestic company in gaining global competitiveness, and is evaluated as a practice model of the university's social and economic responsibility by contributing to the industrial ecosystem and the national economy through knowledge assets.

According to Jeonnam National University on September 12, the Industry-Academic Cooperation Foundation signed a technology transfer agreement with OurBrain Co. on August 26 for this technology developed by Professor Park Kyuhae's research team from the Department of Mechanical Engineering. Through this contract, Jeonnam National University will receive a technology fee of 100 million won, as well as an additional 7% of future sales revenue.

The "image-based structural displacement measurement technology" is a world-class technology that can accurately measure minute displacements of less than 1 mm from distances over 20 meters by tracking phase changes in video images. As an innovative alternative to conventional contact-type equipment, it is expected to set a new standard for safety inspections of buildings and bridges.

OurBrain Co., which received the transferred technology, is a company specializing in safety diagnostics for construction structures. With this agreement, the company plans to become a leading domestic player in the field of image-based safety diagnostics. OurBrain Co. will also pursue additional research projects with Professor Park's team to accelerate the advancement of the technology and the development of new markets.

The Industry-Academic Cooperation Foundation at Jeonnam National University plans to support customized technology development in connection with the Ministry of Education's "University Creative Asset Commercialization Support (BRIDGE3.0) Project" and to further expand commercialization achievements through ongoing industry-academic cooperation.

Meanwhile, Professor Park Kyuhae's research team recently filed a patent application jointly with Kia Motors for a technology to detect defects in press products, and is also working on transferring the related technology. Professor Park has been selected as a Fellow of the American Society of Mechanical Engineers and was named among the "top 1% of researchers worldwide" by Elsevier-Stanford University, earning international recognition for his research achievements.