Korean company offers solar powered road lighting device

OFFER from Korea, Republic of, reference: TOKR20190625001, valid from 29-08-2019 untill 24-09-2020

  • Title:
    Korean company offers solar powered road lighting device
  • Start date:
    29 augustus 2019
  • End date:
    24 september 2020
  • Summary:
    A Korean SME specialized has developed a solar powered road lighting device. This prevents possible tunnel accidents by altering the color of light in accordance with the traffic and road situation; and going below the road surface when vehicles directly pass over. The company wants partners to conclude license agreement to obtain the technical know-how. In addition to that, commercial agreement with technical assistance are expected to further commercialize the product in international markets.
  • Description:
    The Korean company was established in 2015, specializing in traffic-safety facility production and has developed a road lighting device. It possesses both Korean and US patent about solar road marker. The company’s product has its uniqueness as it is automatically operated upside down, thus preventing damage in the road, and the product itself. The purpose of this product is to distinguish the road lane but at the same time, guides drivers on the traffic and road situation, with its self-utilizing road lighting system day and night.

    There have been traffic accidents due to a lack of understanding of road systems and road signs, which are often projected and get damaged by external forces. To amend the current issue, the company’s technology enables the superstructure of a road lighting device to be absorbed inside when the external force is applied, thus improves the durability. This buffering action is carried out when more than 15kg is applied, such as vehicles. By doing so, the product can reduce road damage and prevent the possibility of an accident in projections and vehicles. At night time, the road lighting device would be illuminated with the stored solar energy during day time. Not only this but also lane departure accidents are expected to be reduced with varying colors of solar road light, especially under heavy rain, snow or fogs.

    This technology is operated automatically by analyzing the situation via closed-circuit television (CCTV) without any specific conductor needed. The color of the road lighting device would be altered from green to red when an accident is spotted. As a result, the technology would reduce the rate of second rear-end impacts by giving warnings to the rear driver and prompt settlement.

    Under the license agreement, their technology would be transformed into the forms of loyalty or specific payment. By doing so, the potential partner can obtain road lighting technology and get the know-how to further develop the item.

    Furthermore, the company expects commercialization under the commercial agreement with technical assistance. This would enable the promising partner to get practical advice in processing the technology.

    As a result, these agreements would enhance the company and partners’ efficiency in operating the technology in international market.
Partner Sought
  • Type of Partnership Considered:
    License agreement, Commercial agreement with technical assistance
  • Technical Specification or Expertise Sought:

    - Type of partner sought: SMEs, Research Institute, Large company

    - Specific area of activity of the partner: The area should include road transport, traffic engineering or control system to effectively develop in its competitiveness. To fully understand the usage of a device, knowledge in solar energy would be preferential.

    - Task to be performed: Merchandising products based on a commercial agreement with technical assistance, targeting European nations.

    With the product’s nature, the company wants to explore more international opportunities in the transport services market.

    Also, the transfer of technology is expected under the license agreement. By doing so the partner can develop more competitive and effective solar related product.

  • Development stage:
    Prototype available for demonstration
  • IPR Status:
    Patents granted
  • Market keywords:
    Solar/thermal energy
    Airfield and other transportation services
  • Technology keywords:
    Applications for Transport and Logistics
    Road Transport
    Traffic Engineering / Control Systems
    Solar/Thermal energy
  • NACE keywords:
  • Advantages and Innovations:
     Enables the superstructure of a road lighting device to be absorbed inside when the external force is applied
     Avoids self-damage and improve durability, by preventing the weight of the vehicle to be reached
     Prevents the traffic accident by clarifying the road lane with LED lights
     Reduces the rate of second rear-end impacts, warnings to the rear driver and prompt settlement
  • Type and Size of Organisation:
    Industry SME <= 10
  • Already Engaged in Trans-National Cooperation
  • Year Established:
  • Turnover:
  • Country of origin:
    Korea, Republic of
  • Languages spoken
    • English