AVALVE Co., Ltd (CEOs Gyu-Tae Park and Won-Jun Lee) is starting ‘CES 2023’, which will be held in Las Vegas, USA for a total of 1 days from January 5 (Thursday) to January 8 (Sunday, local time), 4. It was announced that it will participate in the K-STARTUP integrated hall at Eureka Park, an up zone.
Avalve is a company with artificial intelligence (AI) software technology dedicated to smart farms, and provides data collection processing AI learning control solutions that can grow optimal crops using proprietary technology. The company explains that this is contributing not only to general smart farms but also to the mass production of high value-added crops.
Existing commercialized smart farms focus on controlling simple, repetitive environments, which makes it difficult to maximize production and functional substances simply through the crop system.
On the other hand, Avalve’s smart farm software is equipped with a self-developed data collection module and AI model, and is characterized by being able to extract more precise data such as NeRF, 3D modeling, Depth, and Pinotyping (data collection such as leaf width, leaf length, and leaf color) functions. . By providing such a wide system control environment and maximizing AI performance, it minimizes the cost and time required for data collection and helps maintain an optimized environment for each crop.
An official from Avalve said, “The appearance of agriculture is changing rapidly as various technologies have been developed and distributed recently, but it has not completely escaped the limitations of the primary industry, which relies on human labor.” He added, “In particular, food security and “With issues such as environmental issues and aging population, the agricultural industry is emerging as the foundation of the country and future growth engine, so the importance of smart farms is also growing,” he said.
He continued, “Smart farms are an innovative technology that can generate more than 10 times more production than existing open fields, and are an industrial field with endless potential for the future.” He added, “We will overcome the limitations of existing smart farms with AI and proprietary technology. “We wanted to innovate the overall market,” he said, explaining the background behind the development of his solution.
Furthermore, Avalve plans to actively attract new investments, collaborate and network, and develop domestic and overseas sales channels. An official said, “We will seek new investors at this CES through the launch of our new items,” and “In addition, we will build a new business model through collaboration with domestic and foreign smart farm hardware companies and reach out to domestic and foreign industry workers through stakeholder networking.” “We will seek opportunities for networking, developing sales channels, and building empirical cases,” he explained.
Meanwhile, ‘CES’, the world’s largest IT exhibition, is an exhibition where you can understand the trends of the global home appliance industry at a glance. Hosted by the Consumer Technology Association (CTA), it is held every January in Las Vegas, USA. AVING News, which has covered CES for 1 consecutive years, has reported CES news around the world every year since 17, and has been selected as the ‘BEST OF CES’, which selects the best innovative products and technologies, and the ‘BEST OF’, which selects domestic innovative companies. ‘MADE IN KOREA’ was held. In addition, CES on-site issues were vividly conveyed through ‘AVING LIVE’.
The K-STARTUP Integrated Pavilion is jointly participated by the Korea Start-up Agency, Seoul Business Agency, and Seoul Digital Foundation, and 51 domestic innovative companies participate to enter the U.S. market and discover global partners. In addition, CES 2023 college student supporters selected from each university (Kyunghee University, Kookmin University, Sogang University, and Chung-Ang University) are matched considering majors and industrial fields of participating companies.
* Special reporters: Joseph Choe, Kidai Kim, Dongkwan Kim, Mokkyung Lee, Sangun Choi, Joon Suh Lee, Yeawon Choi, Jinnsun Park, Seung Hyun Nam, Min Seok Cha