GFI Co., Ltd. (CEO Sang-Seop Lee) , a next-generation smart safety system specialist, announced on the 4th that it had received preliminary approval for listing on KOSDAQ from the Korea Exchange.
GFI previously pursued a KOSDAQ listing through a merger with Daishin Balance No. 18 SPAC, submitting a preliminary review application in June. Based on this approval, GFI plans to accelerate the merger listing process.
GFI has successfully mass-produced a solid "micro-extinguishing capsule" based on its proprietary technology. This product combines the highly volatile extinguishing agent "FK-5-1-12" with a non-porous polymer composite material to create a fine powder. Without a separate detector or power source, the capsule automatically initiates a chemical reaction when a certain temperature is reached, extinguishing the initial fire.
This technology is particularly applicable to secondary batteries and energy storage systems (ESS), and GFI has also developed a "direct injection system" based on gas-based fire extinguishing equipment, which it is supplying to large secondary battery manufacturers starting in 2023. This system directly injects fire extinguishing agents into modules and cells where fire has broken out, making it specialized for secondary battery fires that are difficult for existing fire extinguishing systems to respond to.
A GFI official stated, “We are developing a fire extinguishing agent specialized for secondary battery safety and are currently undergoing mass production verification,” adding, “We will grow into a global company that provides safety solutions for secondary batteries and advanced industries in general, beyond fire safety products.”
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