TeraView (CEO Donald Dominic Arnon), a leading company in terahertz technology and solutions, announced on the 19th that it had submitted a preliminary listing application to the Korea Exchange for listing on KOSDAQ. TeraView’s lead manager is Samsung Securities.
Terraview is a company that boasts unrivaled technological prowess in the field of terahertz technology and solutions, and is well known as the company with the largest number of terahertz-related patents in the world. Terahertz technology enables non-destructive, ultra-precision inspections, and can be applied to a variety of cutting-edge industries as it can complement and replace existing inspection methods such as X-ray and ultrasound.
Terraview has secured world-first titles in various cutting-edge industries, including ▲the first launch of a terahertz defect analysis and inspection system in the semiconductor industry and ▲the first launch of a multilayer coating measurement system for high-priced products that stack multiple layers of coatings, such as automobiles. In addition, a solution that simultaneously measures density, thickness, and conductivity, which are parameters of secondary battery coatings, has already been commercialized and is aiming to introduce it to mass production lines in the near future.
Terraview's terahertz electromagnetic wave generation and application inspection equipment's main customers include major domestic semiconductor and secondary battery companies as well as top-tier overseas companies such as Nvidia, Intel, Volkswagen, and Ford.
A Terraview official explained the background of the KOSDAQ listing, saying, “If we were listed in Korea, which is recognized as a key country in the semiconductor, secondary battery, and automobile markets, we would be able to provide stable service support and smooth communication to global client companies with factories distributed throughout Asia as well as Korea.”
A Terraview official continued, “Our terahertz technology and solutions are capable of performing the highest level of inspection in the industry, and the proportion of global top-tier corporate clients is increasing.” He added, “In particular, leading global companies that have taken notice of Terraview’s technological prowess are requesting that their partners also apply Terraview’s products and solutions to their inspection lines, and we expect rapid growth.”
If it enters the KOSDAQ market through listing, Terraview will secure the title of “the first British company to be listed on KOSDAQ.” Terraview plans to use most of the funds raised through the IPO for research and development (R&D), product advancement, and manufacturing capabilities.
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