TeraView (CEO Don Arnon), a leading company in terahertz technology and solutions, announced on the 14th that it has signed a strategic MOU with AXBIS, a leading company in high-power laser solutions.
Terraview is a company that has terahertz electromagnetic wave technology as its original technology. This technology is used as a core technology in advanced industries because it can precisely analyze the structure and composition of materials in a non-destructive manner. Terraview is the company that holds the most terahertz-related patents in the world.
Terahertz electromagnetic wave generation and application inspection equipment owned by Terraview has been commercialized in the semiconductor processing and automobile industries, and ▲semiconductor packaging inspection ▲automobile/secondary battery coating inspection are essential. Major domestic semiconductor and automobile/secondary battery companies as well as leading overseas top-tier companies have been secured as Terraview's clients.
AXBIS, which recently signed an MOU with Terraview, is a leading high-power laser solution company that is prominent in the fields of ▶ advanced lasers ▶ robotics ▶ artificial intelligence. The laser technology possessed by AXBIS is applied as a core in various cutting-edge industries that value precision and efficiency, such as ▶ secondary batteries ▶ electric vehicles ▶ semiconductors ▶ aerospace industry ▶ precision medicine. Currently, AXBIS's laser solutions are being applied to the core manufacturing processes of the three largest domestic battery companies, and the company is focusing on increasing its market share in the global market.
A Terraview official explained, “With this agreement, Terraview and AXBIS have agreed to seek mutual growth by enjoying business synergies arising from the exchange of core technologies and capabilities.” He added, “Terraview plans to work closely with AXBIS to jointly develop innovative inspection solutions required in various cutting-edge industries.”
Meanwhile, Terraview is pushing ahead with its schedule with the goal of entering the KOSDAQ market within the year. Terraview believes that by entering the Korean stock market, which has strengths in semiconductors, automobiles, secondary batteries, and bio, it will be able to enjoy more market opportunities through active partnerships with Korean companies and researchers. Terraview plans to invest the funds secured through the IPO in research and development (R&D) for the development of new technologies and new products and in strengthening its manufacturing capabilities.
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