Haesung Optics subsidiary Suwon Technology announced on the 25th that it had signed a strategic business agreement with a construction company in Oman, a Middle Eastern country, at the domestic water industry exhibition 'WATER KOREA' held at KINTEX in Ilsan.
We have signed a strategic business agreement with GAlfar Engineering & Contracting, which has contributed significantly to the development of Oman in various fields such as industrial facilities, pipelines, roads, and water treatment facilities in the Middle East for the past 50 years. Through this business agreement, the two companies plan to collaborate in the water industry to supply water management solutions for water resource technologies such as multi-functional diagnostic robots and total water pipe network care systems.
Suwon Resources Technology participated in Water Korea 2025 by opening a booth and introducing an innovative water management total care system. In particular, the SUMIRE-500 (integrated diagnosis technology for long-distance transport water pipe networks) equipment acquired water pipe leak and location information from a distance of 500 m, up from the existing diagnosis distance of 100-200 m, and boasted a unique technology that diagnoses the condition inside the pipe by taking real-time images, drawing the attention of global industry insiders.
In addition, the AI and big data-based water pipe internal condition diagnosis solution converts and stores the analog information of the existing photographed old water pipes into digital information and expresses the scale, shape, size, etc. detected by AI in the existing endoscopic diagnosis image using deep learning. The water pipe intermittent multi-functional diagnostic robot possesses scanning technology that acquires the internal profile using ultrasound by inserting diagnostic equipment into the pipe without intermittent water.
Lee Seong-wook, director of the Korea Water Resources Corporation, said, “This Water Korea exhibition received a lot of interest and favorable reviews not only from the domestic government and organizations, but also from water-related national organizations and companies in Singapore, the Philippines, Cambodia, and Malaysia.” He added, “In particular, demand from the Middle East and Southeast Asia was high, which elevated our global status as an excellent water management company.”
Haesung Optics incorporated Water Resources Technology as a subsidiary in August of last year, and based on its unrivaled domestic water management technology, it is expected to normalize its performance by starting with its participation in Water Korea 2025 and starting full-scale domestic and international supply. Water Resources Technology recorded annual sales of KRW 100 billion in 2020.
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