Space Bank (CEO Wonhee Lee) , an AIDX (Intelligent Digital Transformation) specialized company, announced on the 21st that it was finally selected for the 6th Global Startup Academy hosted by the Ministry of SMEs and Startups (hereinafter referred to as the MSS).
The Global Startup Academy is a program that provides comprehensive support to startups in new industries with high global scalability and new gaps, so that they can grow into unicorn companies. It provides innovative startups with essential support for overseas expansion, laying the foundation for successful global expansion.
Spacebank is an AIDX specialized IT company that develops and supplies AI solutions and leads the automation of tasks in various industrial fields. Its representative solution, 'AIoT Wright', supports heterogeneous sensor integration control functions, providing an efficient integrated control solution on a single platform.
Spacebank established a corporation in Indonesia at the end of 2024, and plans to fully expand into the global market with this selection as a global startup school. Indonesia is a large market with a population of over 280 million, and in particular, the MZ generation is the main consumer group, providing a favorable environment in the IT and digital service market. It also has the largest e-commerce market in Southeast Asia, and is growing rapidly in various IT fields such as fintech, super apps, and cloud services. Spacebank plans to secure competitiveness through the Indonesian corporation based on this opportunity and establish a bridgehead for full-scale global advancement.
Through this selection, Spacebank will receive support from the 'Global 5G Program' and will receive various benefits such as commercialization support funds, mentoring, and investment attraction. Lee Won-hee, CEO of Spacebank, said, "The Global Startup Academy is an important program that aims to foster unicorn companies, and this selection has given a strong impetus to our global expansion plan," and "Based on the establishment of the Indonesian corporation, we will focus on conquering the Southeast Asian market."
Meanwhile, Space Bank is leading the market as an AIDX specialized company by obtaining the 1st grade in Cloud Security Certification (CSAP) and Software Quality Certification (GS). In addition, it was selected for the Startup Growth Technology Development Project (TIPS) hosted by the Ministry of SMEs and Startups and the Korea Angel Investment Association, and is accelerating the digital transformation of the public and private sectors through an LLM-based control solution that combines AI models.
Spacebank's 'AIoT Wright' is an intelligent integrated control solution that analyzes various data collected from heterogeneous sensors and provides user behavior guide and decision support functions based on LLM (Large Language Model). This solution can implement real-time integrated control in various fields such as smart cities, human care, smart factories, and facility control, and it is also easy to expand linkage with mobility IoT such as robots.
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