IPARK Hyundai Development Company SME Technology Contest Selects Four Innovations Including AI Robot and Fall Prevention System

On-Site Proof of Concept Support

IPARK Hyundai Development Company announced on September 8 that it has selected the technologies from four small and medium-sized enterprises in the recently held 2026 IPARK Technology Proposal Contest, aiming to discover smart construction and new engineering technologies for introduction to construction sites.

A total of 114 proposals were submitted to the contest, and after evaluation, four small and medium-sized enterprises were named as awardees—one Grand Prize, one Excellence Prize, and two Merit Prizes. Marking its sixth year, this contest saw fierce competition with 114 technologies submitted across digital transformation (DX) and artificial intelligence transformation (AX) fields, including artificial intelligence (AI), big data, Internet of Things (IoT), and building information modeling (BIM).

On the 4th at Ponyjung Hall in Gangnam-gu, Seoul, representatives of the winning companies posed for a commemorative photo at the awards ceremony of the '2026 IPARK Technology Proposal Contest.' IPARK Hyundai Development Company

The Grand Prize went to SempereM for its "MPSystem-based Underground Space Optimization Smart Parking Infrastructure" technology, which maximizes the utilization of limited underground space, particularly in high-density urban residential and general construction sites. The Excellence Prize was awarded to Magenta Robotics for its "Physical AI-based Autonomous Painting Robot," an automation device that replaces high-risk tasks of field workers and increases construction speed.

The Merit Prizes were awarded to Mijin Precision Engineering for its "G/F (Gang-form) Fall Prevention System" and to J-Paper for its "Wet Paper Tape-Based Anti-Cracking, Repair, and Joint Repair Technology." These technologies focus on preventing external wall formwork falls, which commonly occur during high-elevation tasks, and on reducing crack defects during the final construction phase, respectively.

The selected companies will receive financial support to implement Proof of Concept (PoC) projects in the form of a performance-sharing scheme. The scale of support will vary, with 50 million won awarded to the Grand Prize recipient. IPARK Hyundai Development Company stated that, rather than limiting support to awards, the company will conduct trial applications of these technologies at actual housing and construction sites to verify their effectiveness and business viability. Technologies that pass verification will not only be deployed on a larger scale at sites in the future, but will also be connected to joint patent applications and commercialization research and development (R&D).

An official from IPARK Hyundai Development Company stated, "We will actively support the selected technologies so that they can deliver tangible results at actual sites," adding, "We will back our partner companies in their independent technology development to secure both productivity and construction safety."

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