investment
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Professor Sang Su Lee’s Team Wins Seven iF Design Awards 2022
Professor Sang Su Lee from the Department of Industrial Design and his team’s five apps made in collaboration with NH Investment and Securities won iF Design Awards in the fields of UI, UX, service design, product design, and communication. These apps are now offered as NH Investment and Securities mobile applications.
The iF Design Awards recognize top quality creativity in product design, communication, packaging, service design and concepts, and architecture and interior design, as well as user experience (UX) and interface for digital media (UI).
In the field of UI, ‘Gretell’ is a mobile stock investment app service designed by Lee and his team to support investors struggling to learn about investing by archiving personalized information. Gretell provides investment information including news and reports. Users learn, evaluate, and leave comments. This shows both quantitative and qualitative indications, leading to rational decision-making. Other user’s comments are shared to reduce confirmation bias. Through this process, Gretell helps users who are impulsive or easily swayed by others’ opinions to grow as independent investors.
‘Bright’ is another app created by Lee’s team. It helps people exercise their rights as shareholders. As the need to exercise shareholders’ rights increases, many people are frustrated that investors with a small number of shares don’t have a lot of power. Bright provides a space for shareholders to share their opinions and brings people together so that individuals can be more proactive as shareholders. The Integrated Power of Attorney System (IPAS) expands the chances for shareholders to exercise their rights and allows users to submit proposals that can be communicated during the general meeting. Bright fosters influential shareholders, responsible companies, and a healthy society.
For communications, ‘Rewind’ is a stock information services app that visualizes past stock charts through sentiment analysis. Existing services focus on numbers, while Rewind takes a qualitative approach. Rewind analyzes public sentiment toward each event by collecting opinions on social media and then visualizes them chronologically along with the stock chart. Rewind allows users to review stock market movements and record their thoughts. Users can gain their own insights into current events in the stock market and make wiser investment decisions. The intuitive color gradient design provides a pleasant and simplified information experience.
In the area of interfaces for digital media and service design, ‘Groo’ is a green bond investing service app that helps users participate in green investment though investing in green bonds that support green projects for environmental improvement. Not restricted to trading bonds, Groo joins users in the holistic experience of green investing, from taking an interest in environmental issues to confirming the impact of the investment.
Next, ‘Modu’ is a story-based empathy expression training game for children with intellectual disabilities. Modu was developed to support emotion recognition and empathy behavior training in children with mild intellectual disabilities (MID) and borderline intellectual functioning (BIF).
Finally, the diving VR device for neutral buoyancy training, ‘Blow-yancy’, also made winner’s list. The device mimics scuba diving training without having to go into the water, therefore beginner divers are able getting feeling of diving while remaining perfectly safe and not harming any corals. It is expected that the device will be able to help protect at-risk underwater ecosystems.
2022.05.10 View 6017 -
KAIST Launches Woorisae II
Professor Sejin Kwon from the Department of Aerospace Engineering and his team succeeded in launching a science rocket, named ‘Woorisae II’ at Saemanguem reclamation. This rocket was developed in collaboration with the Satellite Technology Research Lab (SaRTec).
The test-firing was conducted at 10:43 am on Sunday October 28, 2018 (35°N 42’ 06” 126°E 33’ 36”, Radius of 0.6NM). This launch was the follow-up to the previous launch that was cancelled due to not gaining approval for using the airspace.
Professor Kwon’s team put a great deal of effort into securing the land for the rocket launch. As a result, they got approval from the Saemangeum Development and Investment Agency for the land and the Ministry of Land, Infrastructure and Transport for the use of the airspace. The Republic of Korea Air Force and United States Air Force also approved the use of the airspace for the launch of the science rocket for research purposes.
Woorisae II is 2.2 meters long with a diameter of 20cm, and weighs 13kg without a payload. The rocket is powered by a hybrid rocket with hydrogen peroxide oxidizer producing 100 kg of force. The Woorisae II sounding rocket was designed to burn for five seconds and then continue inertial flight for 20 seconds. The target altitude of Woorisae II was set at 3,300 feet to comply with the airspace approval.
The team developed the core components, including a hybrid rocket propulsion system, flight computer and parachute recovery system, as well as a ground control station. The flight data was transmitted to the ground station and recorded to onboard computer memory.
When a malfunction occurs during the flight, Woorisae II was designed to terminate the power flight for safety by shutting the propellant valve and deploying the recovery parachute. All the rocket subsystems and components were developed and supplied by domestic startup companies such as INOCOM and NARA SPACE TEHCNOLOGY.
Generally, sounding rockets reach an altitude beyond 30km and are widely used for testing rocket engines and reentry materials as well as for conducting microgravity experiments. Instruments for atmospheric science can also be installed to measure fine dust and high altitude atmosphere. Besides these science and technology purposes, most advanced spacefaring countries have sounding rocket programs to train and educate young people in the field of space science.
Professor Kwon said, “We will plan to launch upgraded rockets on November 4 and December 6 because we already received approval from the related agencies for using this land and airspace. Based on the experiment, we are planning to develop a cost-efficient small launch vehicle that is capable of delivering a cube satellite into Earth’s orbit.”
(Photos of preparing the rocket launch)
2018.10.29 View 8227 -
JETS Conference 2017
KAIST and four science and technology research universities in Korea co-hosted a technology start-up fair, the 2017 JETS (Job, Exhibition, Tech Forum, and Startup) Conference January 19 ~20 in the Ryu Geun-chul Sports Complex at KAIST.
Korea’s major science and technology research universities, Daegu Gyeongbuk Institute of Science and Technology (DGIST), Gwangju Institute of Science and Technology (GIST), Pohang University of Science and Technology (Postech), and Ulsan National Institute of Science and Technology (UNIST), held the event in a collaborative effort to educate, inspire, and connect young entrepreneurs, especially those who will launch technology start-ups.
The conference brought entrepreneurs and innovators together who seek ways of working with and supporting start-ups and for their sustainable growth. It also drew aspiring young students and researchers from universities and the government-funded research institutions who are in the process of commercializing their technology. Students from each university’s industry-academia cooperation program who incubated their technology and ideas were key contributors.
At the Tech Forum, entrepreneurship and technology consultation specialists including Joe Jasin, managing director at DNA Investment Partners in the US, the founder of Cyworld Dong-Hyung Lee, and Professor Hawoong Jeong, a complex bio-network specialist from the Department of Physics of KAIST lectured on the ecosystem of start-ups and its trends and development.
The Dean of University-Industry Cooperation at KAIST Joongmyeon Bae said, "We organized this event in collaboration with four major research universities to further encourage technology start-ups from young students and help their ideas and technology bear fruit. We will continue to strive to create an ecosystem of start-ups which works efficiently.”
(Above photo: Founder of the Cyworld, Dong-Hyung Lee gives a lecture at the Tech Forum. Below photo: Students visit exhibition booth of each participating institution.)
2017.01.20 View 10089 -
Thinking Out of the Box: KAIST Silicon Valley Innovation Platform
KAIST established a liaison office in San Jose, California, to support the entrepreneurship of KAIST graduates, students, and faculty who aspire to transform their innovative ideas into business.
The office, KAIST Silicon Valley Innovation Platform (SVIP), is located within the Korea Trade-Investment Promotion Agency (KOTRA) IT Center on North First Street in San Jose.
SVIP collects information and analyzes trends on emerging technologies; provides various educational programs on entrepreneurship and technology translation; offers opportunities to prospective entrepreneurs to engage with industry and research and government organizations; and assists Korean startups in accessing the US and North American market.
President Steve Kang attended the opening ceremony of the office on June 14th and encouraged KAIST alumni living in the US to share their ideas and technology innovations and transform them into business opportunities.
For more information, please contact Professor Soung-Hie Kim (seekim@business.kaist.ac.kr) from the Graduate School of Information and Media Management, KAIST.
2013.07.04 View 8049 -
KAIST's Mobile Harbor Program Attracts Two Corporate Investments
KAIST-developed Mobile Harbor Program has attracted investments from Korea"s two big-name industrial corporations, university authorities said on Monday (Oct. 19).
KAIST has recently signed an agreement with Hyundai Wia Corp., a machine parts supplier, to collaborate in the researches of the mobile harbor programs and commercialization. Under the agreement, Hyundai WIA will invest a total of 7.5 billion won in the program for two years starting from January 2010.
KAIST has also received a letter of intent from the Daewoo Shipbuilding & Marine Engineering Co. on investing 20 billion won in the commercialization of the project.
The Mobile Harbor Program is designed to create mobile units that can go out to the ship which are anchored off-shore and unload the cargo and take it to where it is needed. It is aimed at overcoming the shortcomings of the current maritime container transportation systems. Container ships are getting larger and larger, requiring deep waters, large and complex loading and unloading systems, and major investments in facilities.
Prof. Byung-Man Kwak, leader of the program"s R&D team, said: "With the investment from two global industrial companies, the program has gained a crucial momentum. The development of the program is expected to help Korea to become a global leader in marine transportation and maintain its supremacy in shipbuilding."
2009.10.20 View 14339 -
CJIS donates development fund of two hundreds million won to KAIST
CJIS donates development fund of two hundreds million won to KAIST
CJ Investment & Securities Co., Ltd. (CJIS/ CEO Hong-Chang Kim) donated a development fund of two hundreds million won to KAIST (President Nam-Pyo Suh) on Monday, August 30 to contribute to the development of KAIST and its fostering of science genius.
At the donation ceremony held at the main conference room in KAIST main administration building, CJIS CEO Hong-Chang Kim said, “I am very pleased to contribute to the development of KAIST, which is developing into a world-class research university.” In response to this, KAIST president Nam-Pyo Suh said, “I am very grateful for CJIS’s support. I will do my best to make KAIST one of the world-class research universities to be the hub of the world as well as Korea in the field of the cutting-edge science and technology.”
2006.09.06 View 13090