Polaris 3D selected as’First Penguin’ by Credit Guarantee Fund-JoongAng Ilbo

Polaris 3D (CEO In-beom Kwak) announced on March 16 that it was selected as the’First Penguin’ of the KODIT Credit Guarantee Fund.

The Credit Guarantee Fund’s First Penguin is a system that provides guarantees and preferential treatment of up to 3 billion won to key companies that are expected to grow in the future. The Credit Guarantee Fund selected Polaris 3D as the First Penguin as a leading company to lead the core growth engine industry of the national economy by evaluating entrepreneurship, creativity, technology, business competitiveness, and future growth potential.

Polaris3D was highly praised for the high future value and growth potential of its flagship product,’PolarisANS’, and was able to raise KRW 1.5 billion in financing through the selection.

‘PolarisANS’ is a differentiated and innovative solution that enables real-time autonomous driving to the destination by generating a map around the destination by being mounted on a mobile robot.

This product has two main functions. It is a processor function that collectively processes information from various sensors based on the autonomous driving instruction function and lidar based on the information processed by the sensor information.

This product has a very high application value not only in autonomous driving fields such as autonomous driving robots and automobiles, but also in industries that need to use complex sensors including mapping. Therefore, customers in various fields are looking for and using PolarisANS.

CEO In-beom Kwak said, “I think that the growth potential of Polaris 3D has been recognized by the selection of this First Penguin.” We plan to implement it. We also want to target the company’s IPO within four years.”

Online JoongAng Ilbo


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