Daedong Metal Teams Up with Korea Institute of Materials Science to Commercialize New Alloys for Robotics and Mobility

Combining KIMS's Advanced Alloy Technologies with Daedong Metal's Precision Casting Capabilities
Laying the Foundation for Commercialization of Advanced Materials

Daedong Metal, a subsidiary of Daedong Group specializing in casting materials and components, announced on the 29th that it has signed a memorandum of understanding (MOU) with the Korea Institute of Materials Science (KIMS) for the joint development of new alloy parts for next-generation robots and mobility.

This agreement was established to create a foundation for the development and commercialization of next-generation robot and mobility parts by combining Daedong Metal's precision casting and mass production capabilities with the Mobility Metal Research Center's advanced new alloy source technology at the Korea Institute of Materials Science.

Chuljin Choi, Director of the Korea Institute of Materials Science (right), and Poongwoo Lee, CEO of Daedong Metal, are posing for a commemorative photo at the signing ceremony for a business agreement to jointly develop new alloy parts for next-generation robots and mobility. Daedong

Daedong Metal is a specialized company that has grown by supplying key cast metal parts for automobiles, agricultural machinery, and industrial equipment. Recently, it has been expanding its order portfolio into high value-added precision casting for ship engines, generators, semiconductor equipment, and industrial machinery, securing future growth drivers. The Korea Institute of Materials Science is a leading domestic materials research institute under the Ministry of Science and ICT. Based on its research capabilities across the full cycle of materials such as metals, lightweight materials, and extreme materials, it has built a portfolio of over 1,000 patents and a technology transfer system to support the industrialization of source technologies in materials science.

Over the next three years, the two parties have set joint goals, including: ▲ new alloy design and process optimization; ▲ development of manufacturing processes for metal parts used in robots and mobility; ▲ performance verification of new alloy materials applied to components; and ▲ commercialization of advanced materials at Daedong Metal. The Korea Institute of Materials Science will be responsible for alloy design and process technology development, while Daedong Metal will handle prototype casting, assess mass production feasibility, and connect with client demonstrations. The same technology will be used to meet the automotive industry's demand for ultra-lightweight future mobility parts, and based on the collaboration results over the three years, further joint research and development will be pursued.

Poongwoo Lee, CEO of Daedong Metal, said, "The growth of the robotics and mobility industries is leading to an increased demand for high-performance metal parts that are lightweight, strong, and durable. By combining Daedong Metal's know-how in supplying precision casting parts and its market insight accumulated across various industries with the Korea Institute of Materials Science's new alloy source technology, we aim to establish a new growth foundation in the next-generation robot and mobility parts sector."

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