Hancom said in a statement on November 8 that Hancom Inspace would commercialize four technologies -- vehicle location and movement information prediction technology, LiDAR sensor-based obstacle tracking and autonomous driving analytics and control technology, video image-based autonomous driving recognition artificial intelligence (AI) technology, and LiDAR-based AI self-driving recognition and prediction technology. The technologies were developed by the Electronics and Telecommunications Research Institute (ETRI).
The unmanned vehicle platform company will commercialize transferred technologies to establish service models for autonomous vehicles operating in urban and rural areas. Unmanned vehicles will be upgraded to have the capability to self-drive, recognize their environment and on-road facilities such as traffic lights, and detect moving obstacles such as pedestrians.
Hancom, which used to be a word processing software company established in 1990, has expanded its business scope to various technologies including AI, robotics, autonomous driving and connected services. It is now one of South Korea's largest business-to-business solution developers.
The technology group acquired Inspace, a satellite and UAV ground platform developer startup, in 2020. Hancom Inspace has developed "DroneSAT," an autonomous drone control tower technology that orchestrates the unmanned operation of drones.
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