Korea Soft Co., Ltd. (CEO Nam Yeon-ji) announced that it will participate in CES 2024, which will be held in Las Vegas, USA from Tuesday, January 9th to January 12th (Friday, local time) next year.
Korea Soft is a company that manufactures and services smart farm solutions that enable mass breeding of edible insects by converging AI, IoT, and robotics technologies, and develops and distributes bio materials using edible insects. As insect-based alternative proteins, with their high nutritional and environmental value, are emerging as an alternative to solve population growth, greenhouse gases, and food security problems, KoreaSoft is providing protection for humans and the future with the slogan ‘Save the Earth with Insects.’ We are moving forward with technology and product development.
The target of the smart farm solution is farmers who directly produce and sell edible insects, or who wish to do so, and help them increase productivity and efficiency and generate stable profits. The company explained that Bugs Farm’s modular facilities are easily expandable from a minimum of 45m² to large-scale factories, so they can meet a variety of needs, from farm units or large-scale rental smart farm complexes.
An official from Korea Soft said, “Edible insect snails have high medicinal value and are used as medicinal materials in Korea, but they are sensitive to the environment, so there is a large difference in harvest depending on the season and high price volatility. Accordingly, the company achieved standardization and scale-up of insect quality by developing a solution for stable mass production of slugs that are effective against liver and blood clots. “With this, people with no experience in raising insects can now raise them through simple training, and farm profits can be improved through all-care services from feed to sales,” he emphasized.
Additionally, “KoreaSoft’s Bugs Farm pursues a true smart farm through the convergence of AI, IoT, and robot technologies. “The advantage is that the breeding and growth of insects and the growth process of harvest can be automatically managed by monitoring and controlling environmental factors such as temperature, humidity, illumination, and ammonia in real time with IoT integrated control and automation control technology,” he said. “Automatic feeding and management.” “The system accurately supplies nutrients according to growth stage through a modular automatic feeding process and maximizes resource efficiency.”
In addition, the data analysis and prediction system monitors and predicts the status of insects by analyzing data collected through the cloud. The applied big data and artificial intelligence technologies are known to optimize productivity and detect and respond to potential problems early.
KoreaSoft generated Bugs Farm’s first commercialization sales this year by selling research equipment to research institutes affiliated with universities and national institutions, and plans to complete research and production facilities to conduct research from feed to products in key local autonomous areas by the end of the year. In 2024, we plan to launch a private supply business in key regions where research and production facilities are located targeting insect breeding farms or farmers interested in smart farms and expand to other regions, with equipment sales reaching KRW 20 billion (KRW 16m USD) by 2027. Aiming for it. The goal is to expand production capacity to 1,000 tons per year by 2028 by making external investments to raise facility funds in the first half of next year, purchasing 10,000m2 land in an agricultural and industrial complex, and completing a large-scale factory.
An official said, “By participating in CES 2024, Korea Soft will discover new business opportunities in the field of edible insect smart farm solutions and high-performance bio materials, provide support for entering the global market, and increase brand awareness,” adding, “We will enhance our solutions in the future.” Through this, we plan to continuously develop and distribute technologies to increase the production efficiency of edible insects and improve their quality. In addition, we plan to develop a business model that can be applied to various industries based on high-performance bio materials and expand our entry into the global market to grow into a leading company in the global insect industry.”
Meanwhile, ‘CES’, the world’s largest IT exhibition hosted by the Consumer Technology Association (CTA), is an exhibition where you can see the flow of innovative technologies around the world at a glance and is held every January in Las Vegas, USA. AVING News, which has covered CES for 18 consecutive years, has reported CES news around the world every year since 2006, and has been selected through ‘BEST OF CES’ and ‘BEST OF MADE IN KOREA’, which select the best innovative products, companies and technologies. has been in progress. In addition, CES on-site issues are vividly conveyed through ‘AVING LIVE’.
* Special reporters: Joseph Choe, Kidai Kim, Dongkwan Kim, Mokkyung Lee, Sangun Choi, Seung Hyun Nam, Sunghwan Kim, Taeuck Lim, Min Choi
→ Go to the CES 2024 news special page