Axvis (CEO Myung-jin Kim), an intelligent high-power laser solutions company, announced on the 16th that it had received preliminary review approval from the Korea Exchange for a KOSDAQ listing on the 15th. The company passed the preliminary review process approximately three months after submitting its application for preliminary review on September 19th.
Founded in 2009, Axvis provides intelligent, high-power laser solutions for high-precision manufacturing processes such as bonding, cutting, surface treatment, and heating. In particular, through its proprietary VisionSCAN technology, which combines AI and robotics, the company is expanding its business to key clients in advanced manufacturing sectors such as global semiconductors and batteries.
Since its founding, Axvis has achieved profitability in every fiscal year since its establishment, leveraging its VisionSCAN technology. It has also maintained revenue growth without a single instance of negative growth. This has enabled it to establish a stable revenue structure and business foundation.
Kim Myeong-jin, CEO of Axvis, said, “We have been building differentiated solutions by proactively incorporating AI technology into the high-power laser field,” and added, “With this preliminary approval as an opportunity, we will prepare for a successful KOSDAQ listing based on technological competitiveness and business performance without a hitch, and leap forward as a leading global laser solution company.”
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