Korea Institute of Machinery & Materials and LG Energy Solution Join Hands for Future Energy
Published2021.12.20 16:13
The Korea Institute of Machinery & Materials and LG Energy Solution have joined forces to secure differentiated technological competitiveness in the future energy sector.
The Korea Institute of Machinery & Materials (Director Park Sang-jin, hereinafter KIMM) under the Ministry of Science and ICT and LG Energy Solution (President Kim Myung-hwan) signed an MOU on the 20th at KIMM, with Director Park Sang-jin and LG Energy Solution President Kim Myung-hwan and other officials in attendance.
The two organizations will initiate joint research in laser and high-frequency technology fields to secure market leadership in the next-generation battery market. Research funding will be raised through a matching fund scheme.
In addition, they agreed to cooperate in fostering specialized talent in battery-related technologies by linking the UST (University of Science and Technology) Korea Institute of Machinery & Materials Campus with LG IBT (Institute of Battery Tech), the world's first battery-specialized educational institution.
Park Sang-jin, Director of KIMM, stated, "This agreement has greater significance as active research and development collaboration for solving future energy problems beyond battery-related technologies," and added, "Together with collaborative research and talent development, we will exert our utmost efforts to secure technological superiority in the global battery market and contribute to addressing humanity's pressing energy challenges."
Kim Myung-hwan, CPO (Chief Production and Procurement Officer) of LG Energy Solution, said, "LG Energy Solution and the Korea Institute of Machinery & Materials will cooperate in multiple areas including joint research on core technologies, talent development, technical personnel exchange, and discovery of new research projects," and further stated, "Through this collaboration, we will do our best to develop innovative battery-related technologies and secure market competitiveness."
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