Busan United Technology Holdings announced that K Watercraft, an investment company, won the Innovation Award at CES 2023.
CES is the world’s largest electronics exhibition hosted by the Consumer Technology Association (CTA) and is held every January in Las Vegas, USA. In particular, each year, ahead of the event, innovation awards are given to corporate products with excellent technology and innovation, and K-Watercraft won the innovation award in the sustainability, eco-friendly design, and smart energy categories through its water-powered green hydrogen generator.
K Water Craft is a company that has specialized in developing integrated hydrogen energy power generation systems based on water electrolysis and fuel cells. It was established in February 2016 through research and development tasks, consulting, and business model establishment support from Pusan National University Technology Holdings since 2019. We have moved into the Pusan National University Small and Medium Business Incubation Center.
In addition, Pusan National University Technology Holdings is receiving full support, including direct investment through its own fund. In addition, Busan United Technology Holdings participated in the initial investment stage, and after attracting pre-A investment from Korea Technology Finance Corporation and BNK Venture Investment last year, the company is currently aiming to enter the Southeast Asian region.
They are considered a company that pursues solutions to environmental problems and business growth simultaneously with products such as water stations, water boats, and water air that incorporate big data-based integrated energy IT system technology and practices the values of continuous growth and innovation.
Soon-cheol Kwon, CEO of K Watercraft, expressed his thoughts on receiving the award, saying, “As a leader leading the change in the energy paradigm, we will take on the challenge of solving environmental problems caused by air pollution and carbon emissions with a sense of responsibility.”
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’.
* 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