The Korea Electronics Technology Institute (KETI, President Shin Hee-dong) has joined hands with the Technion Institute of Technology in Israel in the field of advanced mobility, strengthening cooperation in mobility between the two countries.

On the 21st, KETI signed a business agreement with Technion-Israel Institute of Technology (Technion) to strengthen international technological cooperation at the Korea-Israel Smart Mobility Technology Cooperation Forum held in Tel Aviv, Israel.

The event was attended by KETI President Shin Hee-dong and Technion's Vice President for Research Jacob Rubinstein.

Through the MOU, the two organizations agreed to strengthen their multifaceted cooperative relationship in the fields of advanced mobility, including autonomous driving and electric vehicles, through international joint R&D, technology commercialization, key information sharing, and workshops.

KETI possesses cutting-edge solutions in the autonomous driving field, including V2X communication technology and object recognition, and is focusing its research capabilities on developing core technologies in the smart mobility field, such as unveiling an AI-based drone/robot autonomous patrol service on the 2nd.

Technion Institute of Technology is a research-oriented university located in Haifa, northern Israel, and operates its own technology transfer office.The university shares its innovative research findings with the private sector. Since its founding, the university has produced four Nobel Prize winners in Chemistry, leading the Israeli startup ecosystem. Dov Moran, who developed the world's first USB memory stick in 1999, is a Technion graduate and entrepreneur.

KETI President Shin Hee-dong said, “With this MOU, we have laid the foundation for a new partnership with an excellent Israeli university that possesses world-class technological prowess and a startup ecosystem.” He added, “KETI will continue to expand its own global R&D platform to actively support promising domestic companies’ entry into overseas markets.”