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Exhibition of Investment Demonstration on EEWS Research Held
- Five winners of business-planning project exhibition hold exhibition towards thirteen Angel Investors.
Venture capital firm and industry investors are investing for themselves on the Green Growth Project of KAIST, which strives for solutions of global issues, such as; energy depletion, environment pollution and sustainable development.
KAIST awarded the winner of "EEWS business-planning exhibition competition" and held investment demonstration exhibition. The exhibition is opened by the winners of the competition and held towards the firms and inventors encouraging capital on green business project and green technologies.
The venture capital firms that participated in this exhibition were; Coolidge Corner Investment, Dae-Duk Investment Corp, KPM, Locus Capital Partners and Bo-Gwang Investment.
The industry investors that participated were: Samsung C&T Corp, Cheil Industry, Dasan Networks, Hanhwa L&C, thirteen companies in total.
The goal of EEWS Exhibition is to encourage the commercialization of research and development. It was co-hosted by DFJ Athena LLC and Ilshin ventures. The competition was divided into business planning section and business technology section.
Grand prize on green growth went to Professor Joong-Myeon Bae who suggested "Eco-friendly hydrogen fuel cells", runner-up prize went to "Real-time measuring of NOx on Eco-friendly diesels" by Jin-Su Park, the technology director of CIOS.
Grand prize of green technology went to "Highly-refractive, heat resisting hybrimer LED sack’ by Byung-Su Bae, professor of new material engineering, participation award went to ‘ITO-Free touch screen for smart phone’ by Min-yang Yang, professor of the department of Mechanical Engineering.
A representative of KAIST said those of the firms and investors who have gone through commercialization showed interest on the creativity and the high level of the product.
Jae-Kyu Lee, the head of EEWS who supervised the whole exhibition mentioned that, "EEWS Planning Group is consistently going to come up with innovative results” and that “Angel Investors showed enthusiasm. The representatives of Venture capital firm even considered participating as the jury of the competition in the future.”
[Definition]
EEWS stands for Energy depletion, Environment pollution, Water shortages and Sustainability, a project for the solution of such global issues promoted by KAIST.
2012.03.06 View 9409 -
Quantum Mechanical Calculation Theory Developed
An Electron Density Functional Calculation Theory, based on the widely used quantum mechanical principles and yet accurate and with shortened calculation period, was developed by Korean research team.
*Electron Density Functional Calculation Theory: Theory that proves that it is possible to calculate energy and properties with only simple wave equations and electron densities.
The research was conducted by Professor Jeong Yoo Sung (Graduate School of EEWS) and Professor William Goddard with support from WCU Foster Project initiated by Ministry of Education, Science and Technology and Korea Research Foundation. The result was published in the Proceedings of the National Academy of Sciences Journal.
The research team corrected the error when performing quantum calculations that arises from the length of calculation time and incorrect assumptions and developed a theory and algorithm that is more accurate and faster. The use of wave equations in quantum mechanical calculations results in high accuracy but there is a rapid increase in calculation time and is therefore difficult to implement in large molecules with hundreds, or thousands of atoms. By implementing a low electron density variable with relatively less calculation work, the size of calculable molecule increases but the accuracy decreases.
The team focused on the interaction between electrons with different spins to improve upon the speed of calculation in the conventional accurate calculation. The team used the fact that the interaction between electrons with different spins increases as it comes closer together in accordance with the Pauli’s Exclusion Principle.
In addition the interaction between electrons are local and therefore can ignore the interactions between far away electrons and still get the total energy value. The team also took advantage of this fact and developed the algorithm that decreased calculation time hundredth fold.
Professor Jeong commented that, “So far most of the domestic achievements were made by focusing on integrative researches by calculation science and material design communities but these involved short time frames. In areas that required lengthy time frames like fundamentals and software development, there was no competitive advantage. However this research is significant in that a superior solution was developed domestically”.
2012.01.31 View 10319
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Minister of Higher Education of Saudi Arabia Visited KAIST to Sign Agreement on Joint Research Projects
Khaled bin Mohammad Al-Anqari, the Minister of Higher Education of Saudi Arabia, visited KAIST on October 26th to conclude a joint agreement with KAIST.
The group of Saudi Arabian visitors included Abdullah bin Abdularhman Al-Othman, President of the King Saud University, Osama bin Sadiq Tayeb, President of King Abdulaziz University, and Khalid bin Salih Al-Sultan, President of the best Saudi Arabian technological university, King Fahad University of Petroleum and Minerals.
Through research agreement between KAIST and the King Saud University and King Fahad University of Petroleum and Minerals, joint research projects, mutual visitations of research professors, interchange of academic programs, joint seminars and scientific societies will be held to promote the lively interchange between higher education institutions of Korea and Saudi Arabia.
In particular, King Saud University and KAIST has signed an agreement on joint research projects in the fields of “Solar-Ocean Thermal Exchange Desalination,” “Develop New Energy Management Service for Residential and Commercial Customers Using Smart Metering and Sensor Network Information” and “Superior Production of Lactic Acid from Saudi Dates Using Bioprocess Technology.”
The projects will be funded by the Saudi Arabian government, and their scope will be determined in the future
“Compared to the robust industrial economic interactions between the Middle East and Korea, the interchange of the two countries’ higher education institutions has been poor,” said Jong Hyun Kim, Visiting Professor of Nuclear & Quantum Engineering Department of KAIST who will be conducting one of the joint programs with the Electrical Engineering Department of the King Saud University. “Like this joint research, I hope KAIST will, in many different ways, lead the way in cooperating and interacting with higher education institutions of the Middle EAST.”
Al-Anquari, Minister of Higher Education of Saudi Arabia, who showed great interest in KAIST’s innovative research and high technology development, expressed his will to put more effort into extending the interchange between universities of Saudi Arabia and of Korea, including KAIST.
2010.11.03 View 14154 -
The CEO of the World's Largest Oil Company Visited KAIST.
Khalid A. Al-Falih, the Chief Executive Officer (CEO) of Saudi Aramco, an oil company owned by Saudi Arabia, the largest oil-producing country in the world, visited the KAIST campus on September 15, 2010. During his visit, Mr. Al-Falih was introduced to KAIST’s innovative projects such as On-Line Electric Vehicle, Mobile Harbor, and Hubo.
Mr. Al-Falih was invited to the KAIST campus by President Suh, both of which are currently consultants for King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia. Having visited Daejon right after attending the 21st World Energy Congress in Montreal, Canada, he would head to China for another conference on the next day.
Al-Falih stated that he visited KAIST despite his busy schedule because he had “heard about KAIST that it is one of the best research oriented universities in Korea. Aramco and KAIST share the same goal of putting an effort in solving the problems that are of great concern to mankind today including issues related to energy, food, water, and climate.”
“There are researchers in our company who know Korean, and we wish to send them to KAIST’s masters and doctorate programs to train them into professional research force. In particular, Aramco is hoping to strengthen research cooperation between KFUPM, King Abdullah University of Science Technology (KAUST), and KAIST as well as contribute to the economic development between Saudi Arabia and Korea by increasing cooperation with KAIST through our shared visions.”
Saudi Aramco is the largest oil company in the world with the largest proven crude oil reserves and production known to date, responsible for over 30% of total OPEC crude oil production. It produces over 3.4 billion barrels of oil annually and has invested in S-Oil, one of the top three oil refining companies in Korea in 1991 to contribute to the development of Korean national oil refining industry.
2010.09.17 View 11320 -
The 2010 International Forum on Electric Vehicle will be held at the Korea Advanced Institute of Science and Technology (KAIST) in Daejeon, South Korea.
Universities, industries, and governments from the world gathered to make an important endeavor for the commercialization of electric vehicles that has emerged as a strong option to replace conventional cars with an internal combustion engine.
With the potential benefit of electric cars, in view of environmental protection and less dependence of oil import, they still have limitations for the daily use in customers’ perspective. Electric cars are still very expensive to own with relatively short distance of driving with one charging and with the expensive and bulky nature of the batteries, in addition to the safety concerns with the Lithium batteries.
The Korea Advanced Institute of Science and Technology (KAIST) will hold an international forum, at which it hopes to address a wide range of issues related to the development and commercialization of electric vehicles. The 2010 International Forum on Electric Vehicle will be held for three days at KAIST’s campus in Daejeon, South Korea, from June 17th to 19th, 2010.
Internationally renowned speakers from Korea and overseas will present their views and conduct a discussion forum on the technology, market, and policy on electric vehicles. The event is open to the public.
Major discussions, however, will take place on the second day, Friday, June 18, 2010, which will proceed with two sessions. In the first session, conference participants will discuss the topic of “policies and markets for electric vehicles,” and at the second session, they will take up the issue of “electric vehicle technologies.”
Dr. Andrew Brown, president of SAE International and the executive director and chief technologist of Delphi, is scheduled to give a key note speech. The SAE International is a global association of more than 128,000 engineers and related technical experts in the aerospace, automotive, and commercial vehicle industries.
Topics to be covered by Dr. Brown during his key note speech are, among other things, elements of market forces for hybrid electric vehicles, electric vehicles, or battery-powered vehicles; clean technologies necessary for sustainable development; pending issues facing the automotive industry to create a substantial share by electric cars and government aids to increase consumers’ buying power for expensive electric cars; technology innovation required for the improvement of batteries and power electronics; development of smart grids; and other key issues that would mature an ever-growing market for electric vehicles.
President Nam Pyo Suh of KAIST will also deliver a key note remark on the overall accomplishments of online electric vehicle (OLEV) developed by KAIST. While stressing the OLEV’s technological breakthrough to succeed in the wireless in-motion power transfer through electromagnetic induction, President Suh will review the necessity of developing electric cars as a corresponding measure against climate changes and address the issues of battery weight and lifespan, charging time, and the limited amount of reserved Lithium.
Dr. Steven Shladover from the California Partners for Advanced Transit and Highways (California PATH), established in 1986 in collaboration with the University of California in Berkeley and the California Transit, will attend the conference. California PATH is a multi-disciplinary program with universities statewide and cooperative projects with private industry, state and local agencies, and non-profit institutions to find solutions to the problems of California’s surface transportation systems through cutting edge research.
California PATH once implemented a bold, innovative research project in the early 1990s in order to overcome the most difficult technical hurdle to reduce the heavy dependence of batteries for electric cars by adopting a non-contact transfer of electric power during vehicles’ movement. Despite the research declared as “unsuccessful” by California PATH, the implications of their innovative approach to solve an important issue inspired many researches subsequently followed—one of them is KAIST’s OLEV project.
In addition, the Infineon Technologies AG, a leading semiconductor and system manufacturer based in Germany, which offers solutions for automotive, industrial and multimarket sectors for applications in communication and memory products, will come to the forum and present a paper on its expertise to develop the necessary components for electric vehicles.
On the last day of the forum, all participants will have a chance to ride the Online Electric Vehicle (OLEV) at KAIST’s campus.
For details of the event, please visit the website of “www.olev.co.kr/en/ifev or refer to the invitation attached herewith.
About KAIST’s Online Electric Vehicle:
The Online Electric Vehicle (OLEV) developed by KAIST is a dynamic plug-in electric car that receives electricity while running or stopping and thus acquired a complete mobility unlike other type of electric cars, whether hybrid or not. The OLEV reduces the size of a battery to one-fifth of the current battery installed in an electric car. Pure electric cars depend on a large bulky battery that has been a major obstacle to make the cars commercially accessible to the mass market. The OLEV gets charged wirelessly, a distinct difference to other dynamic plug-in electric cars including a tram or trolley, which directly picks up electricity from the road.
To explain it further, the OLEV is electrified through power lines buried underground; when flowing low frequency of currents, an electric magnetic field is created around the underground power lines, and the pick-up gadget installed underbody of an electric vehicle converts the field into electricity; and the vehicle then uses electricity either for operation or stores it at a battery to be used for running the road that is not equipped with the power lines. The electric power generated from the underground travels to the surface of the road above 20cm-25cm.
KAIST has succeeded to develop a commercial model of OLEV with a safe Electromagnetic Field (EMF), well below the international safeguard of 65mG. The actual model has been up and running at an amusement park in Seoul for the transportation of passengers. The non-contact charging method applied to the OLEV will accelerate the commercialization of electric cars by making a battery affordable and safer for a consumer.
2010.06.25 View 12964 -
KAIST listed 27 research subjects for EEWS.
The Office of EEWS Initiative at KAIST announced 27 research projects to be implemented in 2010. The EEWS stands for energy, environment, water, and suitability.
KAIST established the EEWS Office in 2008 in efforts to solve problems facing mankind today such as depletion of natural resources, environment pollution, climate changes, water shortages, and sustainable growth. On the nationwide, the Korean government has taken initiatives to support “green growth” and “green technology” projects.
In 2009, the EEWS Office supported 24 research projects and received 28 patent rights, 6 patent registrations, and 57 Science Citation Index (SCI) papers. This year, the office chose 27 research subjects including 7 flagship projects: flexible lithium polymer batteries, spent nuclear fuel recycling, highly efficient bio-butanol, liquid electrolyte battery solid oxide fuel cell, LED lighting, artificial photosynthesis, and nano organic solar cells. New research topics begun this year include energy-saving desalination system and ultra-thin film of silicon solar cells.
Jae-Kyu Lee, Dean of EEWS Initiative Office said, “Having multiple volume of small-scaled, topic-focused research projects will encourage us to come up with large-scale convergence research projects. In so doing, we can explore new frontiers of science and technology and serve as the new growth engine for the development of green technology and industry in Korea.”
All the research projects selected will be subject to evaluations. For example, the EEWS Initiative Office will host an international workshop in September 2010 where it plans to introduce and evaluate the ongoing research projects.
2010.05.19 View 9800 -
1,180 meters of fence on campus facing Gap-Chun River will be gone by June 2010.
KAIST and the City of Daejeon have taken on a project to remove a stretch of fence on campus that faces Gap-Chun River, making the campus accessible to all citizens and visitors. The work will last for three months beginning on April 5th and throughout June 2010. Gradually, KAIST plans to remove the entire fence surrounding the campus within a few years.
The city government has encouraged government and public organizations in Daejeon to open up their public space to citizens and visitors as part of its initiatives to reach out to local communities. As of December 2008, seven public organizations have completed to rid of their boundary markers, and eight more organizations will make their gardens and campus available to the public by the end of this year.
All the expenses related to the removal of the fence will be borne by the city government. At the place where the fence is knocked down will become a park so that neighbors and visitors can come and rest.
A school official said, “This is an important campaign for us because it promotes more exchanges between the university and local community. Our campus has rich green foliage, and visitors will surely enjoy it. By opening up our campus to the public, we hope to return to the society what we have received as a public institution and create a forum where art, science, and technology meet together.”
In addition to the removal of the fence, KAIST and the city government will install flowerbeds, health facilities, and walking trails for the citizens.
2010.04.26 View 9138 -
Interesting research results were published on the use of Twitter.
The number of “followers” on your Twitter account does not necessarily mean that “Your opinions matter much” to other people.
A KAIST graduate researcher, Mi-Young Cha, joined an interesting project that studies the influence of a popular social media, Twitter. Most of Twitter users today consider the number of followers as a measurement of their influence on the social sphere. According to the research paper, however, this connection does not seem to standing together. For details, please click the link below for an article published by the New York Times.
Dr. Cha received all of her post secondary education degrees in Computer Science, including her Ph.D. in 2008, from KAIST. Since 2008 till now, she has been a post doctoral researcher at Max Planck Institute for Software Systems (MPI-SWS) based in Germany.
[New York Times Article, March 19, 2010]
http://www.nytimes.com/external/readwriteweb/2010/03/19/19readwriteweb-the-million-follower-fallacy-audience-size-d-3203.html
2010.04.05 View 12239
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New drug targeting method for microbial pathogens developed using in silico cell
A ripple effect is expected on the new antibacterial discovery using “in silico” cells
Featured as a journal cover paper of Molecular BioSystems
A research team of Distinguished Professor Sang Yup Lee at KAIST recently constructed an in silico cell of a microbial pathogen that is resistant to antibiotics and developed a new drug targeting method that could effectively disrupt the pathogen"s growth using the in silico cell.
Hyun Uk Kim, a graduate research assistant at the Department of Chemical and Biomolecular Engineering, KAIST, conducted this study as a part of his thesis research, and the study was featured as a journal cover paper in the February issue of Molecular BioSystems this year, published by The Royal Society of Chemistry based in Europe.
It was relatively easy to treat infectious microbes using antibiotics in the past. However, the overdose of antibiotics has caused pathogens to increase their resistance to various antibiotics, and it has become more difficult to cure infectious diseases these days.
A representative microbial pathogen is Acinetobacter baumannaii. Originally isolated from soils and water, this microorganism did not have resistance to antibiotics, and hence it was easy to eradicate them if infected. However, within a decade, this miroorganism has transformed into a dreadful super-bacterium resistant to antibiotics and caused many casualties among the U.S. and French soldiers who were injured from the recent Iraqi war and infected with Acinetobacter baumannaii.
Professor Lee’s group constructed an in silico cell of this A. baumannii by computationally collecting, integrating, and analyzing the biological information of the bacterium, scattered over various databases and literatures, in order to study this organism"s genomic features and system-wide metabolic characteristics. Furthermore, they employed this in silico cell for integrative approaches, including several network analysis and analysis of essential reactions and metabolites, to predict drug targets that effectively disrupt the pathogen"s growth. Final drug targets are the ones that selectively kill pathogens without harming human body.
Here, essential reactions refer to enzymatic reactions required for normal metabolic functioning in organisms, while essential metabolites indicate chemical compounds required in the metabolism for proper functioning, and their removal brings about the effect of simultaneously disrupting their associated enzymes that interact with them.
This study attempted to predict highly reliable drug targets by systematically scanning biological components, including metabolic genes, enzymatic reactions, that constitute an in silico cell in a short period of time.
This research achievement is highly regarded as it, for the first time, systematically scanned essential metabolites for the effective drug targets using the concept of systems biology, and paved the way for a new antibacterial discovery. This study is also expected to contribute to elucidating the infectious mechanism caused by pathogens.
"Although tons of genomic information is poured in at this moment, application research that efficiently converts this preliminary information into actually useful information is still lagged behind. In this regard, this study is meaningful in that medically useful information is generated from the genomic information of Acinetobacter baumannii," says Professor Lee. "In particular, development of this organism"s in silico cell allows generation of new knowledge regarding essential genes and enzymatic reactions under specific conditions," he added.
This study was supported by the Korean Systems Biology Project of the Ministry of Education, Science and Technology, and the patent for the development of in silico cells of microbial pathogens and drug targeting methods has been filed.
[Picture 1 Cells in silico]
[Picture 2 A process of generating drug targets without harming human body while effectively disrupting the growth of a pathogen, after predicting metabolites from in silico cells]
2010.04.05 View 14660
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KAIST Signs MOU with Macquarie for Cooperation in Green Growth Projects
KAIST and Shinhan Macquarie Financial Advisory Co. have reached an agreement for cooperation in the development and commercialization of the KAIST-led two national green growth projects, On-line Electric Vehicle (OLEV) and Mobile Harbor (MH) programs, university authorities said.
KAIST President Nam-Pyo Suh signed a memorandum of understanding with John Walker, Chairman of Macquarie Group of Companies in Korea, and Woo-Gon Hwang, Representative Director of Shinhan Macquarie Financial Advisory Co. on Wednesday, Oct. 21.
Under the agreement, KAIST and Macquarie will cooperate in developing an optimal business structure for a rapid commercialization of OLEV and MH. Specifically, Shinhan Macquarie Financial Advisory will provide financial advice, including basis financial analysis, potential investor inducement and feasibility analysis of the projects.
Shinhan Macquarie Financial Advisory Co. is a joint venture between Shinhan Financial Group of Korea and the Australia-based Macquarie Bank Group which provides global investment banking and diversified financial services.
KAIST"s OLEV is a project to develop a new growth engine for Korea and lead the future of global automotive industry. It is an entirely new concept: the electric vehicle picks up power from underground power supplier lines, while either running or standing, through the non-contact magnetic charging method.
The MH program is designed to develop a system that can load/unload containers from a containership in the open sea and deliver them to their destinations at the harbor.
The Korean government has included these KAIST projects, which both are great technical and engineering challenges, in the nation"s sustainable growth programs, providing substantial research grants. KAIST offers its advanced research capabilities for the nation"s efforts to achieve efficient, environment-friendly utilization of resources as new growth engines that spur the development of related industries and explore global markets.
2009.10.22 View 13271 -
KAIST Wins Official Membership of ERCIS
The Center for Software Policy Study of KAIST has recently become the 20th official member of the European Research Center for Information Systems (ERCIS) by signing an agreement with the organization, university authorities said on Thursday (Oct. 22).
The ERCIS is a network of scientists who conduct cooperative research in the field of integrated information systems development and organizational design. The Center undertakes interdisciplinary research with the participation of computer scientists, business management experts and law scholars.
KAIST will seek to activate exchange of professors, research fellows and graduate students with ERCIS members, as well as implementing credit exchange and dual degree programs.
ERCIS, was first organized by the German state of North Rhine-Westfahlia, is currently managed by the University of Muenster, a global leader in the field of information systems and business administration. Joining the ERCIS are one university each from New Zealand, the Netherlands, Germany, Russia, Liechtenstein, the United States, Switzerland, Spain, Slovenia, Ireland, Britain, Austria, Italy, the Czech Republic, Poland, France, Finland and Australia.
KAIST"s Center for Software Policy Study is currently preparing for the establishment of a support system for developers of the mobile application software as part of the EUREKA project. Korea is playing a leading role in this project on the strength of its competitiveness in the mobile phone industry.
EUREKA is a pan-European intergovernmental network for market-oriented, industrial R&D aimed at enhancing European competitiveness through its support to businesses, research centers and universities who carry out pan-European projects to develop innovative products, processes and services.
2009.10.22 View 12204
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Bae's Design Team Wins Good Design Award
An eco-friendly pot humidifier designed by a KAIST team led by Prof. Sang-Min Bae of the Department of Industrial Design won the G-Mark award at the 2009 Good Design Award, university authorities said on Tuesday (Sept. 29).
The Good Design Award is a Japanese comprehensive design evaluation and commendation system operated by the Japan Industrial Design Promotion Organization (JIDPO). It originated from the Good Design Selection system, known as the "G-Mark System," instituted by the Ministry of International Trade and Industry of Japan in 1957. More than 1,000 companies and designers from 50-odd countries submit about 3,000 entries for consideration for the Good Design Awards each year.
The humidifier controls the indoor humidity by natural vaporization using the tissue ball. The tissue ball is made of honeycomb shaped felt so that it can enhance water absorbing ability with large surface. In the package of the pot, there is a bottle of aroma liquid and people can use it for the fragrances as well as humidification.
The pot, called "Love Pot," was designed for the Nanum (Sharing) Project, a charity activity to establish funds for donations through new products development. International aid organization World Vision, oil company GS Caltex and Prof. Bae"s ID+IM design laboratory have teamed up for the project.
The KAIST team worked for free to design the pot. Profits from the sale of the pots were donated for education programs for low-income households. Among the products made under the Nanum Project was a cross cube MP3 player which won the silver prize at the 2008 International Design Excellence Awards (IDEA). IDEA is one of the world"s top three design awards along with Germany"s International Forum DEsign Awards and the Red Dot Design Awards.
Prof. Bae"s team also won the "Best of the Best" award at Red Dot last November with the "Roly Poly Pot," a planter that tips to the side when the plant is thirsty.
2009.10.01 View 11757