NanoCamtec Changes Name to "LSK iRobot" to Accelerate Transition to AI and Robot-Focused Business

Professor Choi Jongwon at OneTouch AI. Provided by NanoCamTec

NanoCamtec announced on June 2 that it has approved a partial amendment to its articles of incorporation at an extraordinary general shareholders’ meeting to change its corporate name to "LSK iRobot." The new name will be officially applied following the procedures for a change of listing.

The company explained that this name change is a strategic decision aimed at expanding its business areas, focusing on artificial intelligence (AI)-based software and robot vision. NanoCamtec plans to strengthen new businesses such as AI application software, computer vision, and generative AI, while maintaining the competitiveness of its existing materials business.

Recently, NanoCamtec acquired a majority stake in Onetouch AI, a developer of AI application software, thus becoming its largest shareholder. According to the company, Onetouch AI possesses research and development capabilities in generative AI, computer vision, and digital content AI.

In particular, the company highlighted that Onetouch AI is led by Professor Choi Jongwon of the Graduate School of Advanced Imaging Science at Chung-Ang University, who previously earned a master’s degree in Electrical and Electronic Engineering from KAIST and a doctorate in Electrical and Computer Engineering from Seoul National University, and served as a lead researcher at the Samsung SDS Artificial Intelligence Research Center.

Professor Choi has served as an AI content verification advisor to the National Election Commission and as president of the Generative Media and Protection Research Committee of the Broadcast Media Engineering Society. He has also participated in public sector AI projects, including the development of a deepfake detection AI platform for the Supreme Prosecutors' Office, building a digital heritage AI platform for the National Museum of Korea, and developing an AI platform for the Ministry of Food and Drug Safety.

In addition, the company is currently carrying out national research and development projects related to generative AI, digital restoration, and interactive content in collaboration with the Ministry of Culture, Sports and Tourism, the Cultural Heritage Administration, and the Electronics and Telecommunications Research Institute (ETRI). Most recently, NanoCamtec reported that it collaborated with AWS to develop and demonstrate an Agentic Robot Dog demo.

NanoCamtec has also secured approximately 17.2 billion won in cash liquidity by selling non-core assets. The company plans to use these funds to invest in new businesses and enhance financial stability.

A company representative stated, "With this corporate name change, we will begin a full-scale restructuring of our business centered on AI-based video and vision recognition technologies and robot software," adding, "We will accelerate the expansion of new businesses focused on industrial automation, AI content, and computer vision."

Based on the name change and the acquisition of an AI-specialized company, NanoCamtec is now pushing forward with a restructuring of its business, focusing on generative AI, computer vision, and robot software.

This content was produced with the assistance of AI translation services.