
Facebook
Twitter
LinkedIn
Mr Yeol-Soo CHOI, KISED Acting President, and Fran ois Piolet, Country Director, Thales South Korea, sign a Memorandum of Understanding (MoU) to foster development of Korean startups in the Aerospace and Deeptech sectors.
This MoU was signed in presence of Mr Kyoung-Won CHO, Director General for Startup Policy of the Ministry of SMEs & Startups (MSS), and Mrs Pascale Sourisse, Senior Executive Vice-President, International Development, Thales.
Through this partnership, South Korean startups can extend their reach to Thales' global innovation network, including its digital acceleration programmes and Digital Factory locations in Montreal, Paris and Singapore. The ambition is also to support foreign entrepreneurs to get access to the South Korean ecosystem for greater exchange in an environment of open innovation.
This collaboration aligns with the upcoming launch of the Global Startup Centre in Seoul, dedicated to helping foreign entrepreneurs and startups accelerate opportunities and access new markets.
Helping the South Korean Startup Ecosystem Go Global
The MSS and KISED aim to provide a facilitating environment for startups to kick start and scale their businesses. As part of South Korea's strategy to become a global hub for international entrepreneurship, an upcoming Global Startup Centre will soon offer a holistic environment, including office spaces, funding vouchers and mentorship programs to startups, enabling them to flourish and expand.
Through this MoU, signed in Seoul on the 17th of July 2024, Thales will support the local innovation ecosystem by introducing to South Korea some of the most talented startups the Group is working with worldwide. The agreement also lays the foundation to explore incubating South Korean startups at the Thales Digital Factories, located in Montreal, Paris and Singapore, and to have them participate in Thales' acceleration programmes.
With 81,000 employees worldwide including 33,000 researchers and engineers, Thales invests close to 4 Billion Euros annually in Research & Development (R&D). The Group has a strong technological foundation and deep roots in open innovation that includes AI, cybersecurity, big data, connectivity and quantum, with a portfolio cutting across three primary focus areas: Defence & Security, Aeronautics & Space, and Cybersecurity & Digital identity.
Thales' celebrates 40 years of presence and collaboration with South Korea
Partnership with the South Korean ecosystem has been a hallmark of Thales' 40 years of presence in South Korea, a milestone it celebrates this year. From defence to aerospace, and digital identity to space, Thales collaborates with a broad spectrum of South Korean industry, from esteemed partners including Hanwha, KAI, KT group, LIG Nex1, Samsung Electronics, and others.
In recent years through its Digital Identity and Security business, Thales has supported more than 200 SMEs and startups with its licensing and software monetisation solutions. These solutions help South Korean companies protect their intellectual property and implement new business models that drive their growth.
In light of South Korea's rapid development in its SME and startup ecosystem, this MoU with KISED underscores the importance for Thales in nurturing the next generation of companies involved in the aerospace, space and deeptech sectors.
We are honored to join forces with the Korea Institute of Startup & Entrepreneurship Development (KISED) to contribute to the growth of South Korea's startup ecosystem and to support its expansion worldwide. Our global footprint and innovation capabilities are valuable assets we can offer to rising stars who are driving change in aerospace and deep tech. In addition to fostering the expansion of South Korean startups abroad, we also hope that foreign entrepreneurs can similarly access the South Korean ecosystem for greater exchange and collaboration in an environment of open innovation. Pascale Sourisse, Senior Executive Vice-President, International Development, Thales
KyoungWon CHO, Director General for Startup Policy of Ministry of SMEs and Startups, stated, As the Korean government is making all-out efforts to nurture promising startups in the aerospace and deeptech sectors, it is very meaningful to promote cooperation with Thales, a global leader in these fields.
Acting President YeolSoo CHOI added, The Korea Institute of Startup & Entrepreneurship Development (KISED) will spare no effort in supporting our startups with innovative technologies to lead digital innovation and enter the global market through collaboration with Thales.
Documents
20240718_PR_South Korea Institute of Startup & Entrepreneurship Development (KISED) and Thales to Champion Korea's Start-up Ecosystem.pdf
Contact
Alice Pruvot, Head of Media Relations, Aeronautics & Defense
+33 7 70 27 11 37 alice.pruvot@thalesgroup.com
21 Aug 2024
Thales and L&T Technology Services expand collaboration to provide innovative business models to customers
Read more
20 Aug 2024
Ita Unibanco innovates with a credit card specifically designed to meet the needs of visually impaired people
Read more
01 Aug 2024
Thales Chosen as Supplier for Liliums Revolutionary eVTOL Jet Program
Read more
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
09/06/2026
Kiswe announces an expanded long-term partnership with ONE Championship (ONE), t...
09/06/2026
SiriusXM will broadcast FOX Sports' English-language commentary for all 104 FIFA World Cup 2026 matches from June 11 through July 19, available to subscribe...
09/06/2026
EVS has announced it is changing its corporate name from EVS Broadcast Equipment to EVS, reflecting the company's expanded portfolio beyond broadcast equipm...
09/06/2026
Fox Corporation and the NFL have announced a multi-year agreement to bring NFL c...
09/06/2026
FOX Sports and ReachTV, an airport media network, have announced an agreement to...
09/06/2026
Cosm Atlanta, a 70,000-square-foot, three-level immersive entertainment venue located within Centennial Yards adjacent to State Farm Arena and Mercedes-Benz Sta...
09/06/2026
NESN captured five awards at the 2026 Boston/New England Emmy Awards, including four program honors and one individual award.
These awards reflect the passion...
09/06/2026
Ateme has announced that its support for Apple Immersive Video workflows was referenced by Apple during its 2026 Worldwide Developers Conference (WWDC26).
Atem...
09/06/2026
Bitmovin has announced that Axel Springer SE has deployed Player Web X, Bitmovin's web video player, to power audio readouts of news articles and an audio-o...
09/06/2026
Grass Valley and Lawo have announced a technology collaboration to validate orch...
09/06/2026
LiveU has announced a deployment with the Oceania Football Confederation (OFC) t...
09/06/2026
Globecast has announced the launch of its Content Exchange platform, powered by ...
09/06/2026
NBC Sports will present live coverage of Overtime's OT7 football league Championship Weekend from Sullivan Field at Loyola Marymount University in Los Angel...
09/06/2026
We're in three different locations, three different production teams. Coveri...
09/06/2026
The intro video for Men's Basketball won Outstanding In-Venue Video in the C...
09/06/2026
Today is match day minus two for FIFA and HBS. On Thursday, there will be two ma...
09/06/2026
Since their debut, the clock-and-score graphic has drawn the affinity and ire of...
09/06/2026
Last month, Spotify hosted PURE FLOWERS LIVE, a special event celebrating the re...
09/06/2026
Last month, RADAR U.K. artist Skye Newman took the stage in East London for a sp...
09/06/2026
Company to cease operating on 30 June 2026
Australian loudspeaker and amplifier manufacturer Wayne Jones Audio have announced that after much consideration,...
09/06/2026
Increases low-end weight and character
The latest plug-in release from Sheffield-based fedDSP aims to offer an all-in-one solution for users in search of mo...
09/06/2026
Introduces AI Studio Assistant, Moises Studio integration & more
Fender Studio have just announced the launch a significant update that brings an array of n...
09/06/2026
The National Film and Video Foundation (NFVF) is a statutory body mandated to spearhead the equitable growth and development of the South African film and video...
09/06/2026
The BBC has found its Hercule Poirot.
After Deadline revealed last month that t...
09/06/2026
Media buyers and sellers can now compare YouTube reach from computer, mobile, an...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
A project aimed at modernizing scheduling operations across Mediaset's channel portfolio
Mediagenix, a global leader in smart content solutions to profitab...
09/06/2026
tvONE, an ACT Entertainment brand, debuts its most powerful video processor ever built: the 4RU CALICO PRO (C7-PRO-4200), at InfoComm 2026 (Booth N6813). Engine...
09/06/2026
Composer and Conductor Eric Whitacre to Receive Honorary Doctorate at Berklee Va...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Technology collaboration to validate AMPP and Lawo HOME orchestration integration, showcasing Dynamic Media Facility principles in practice.
Grass Valley and ...
09/06/2026
Bitmovin, a leading provider of video streaming solutions, today announced that Axel Springer SE, international media and technology company, has deployed Playe...
09/06/2026
LiveU, the global leader in live IP-video solutions, today announced a landmark deployment with the Oceania Football Confederation (OFC) that has brought Video ...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
09/06/2026
Two Alumni Win Tony Awards Mike Morris and Cedric Leiba Jr. won awards for Best Orchestrations and Best Play, respectively.
June 8, 2026
By
Tori Donahue
...
09/06/2026
X-Rite Pantone Launches Offset360 to Modernize Color Control Across Existing Pre...
09/06/2026
09 Jun 2026
VEON Appoints Serkan Ozturk as Chief of Staff & Strategy Officer Dubai and New York, June 9, 2026 - VEON Ltd. (NASDAQ: VEON), a global digital oper...
09/06/2026
Tuesday 9 June 2026
Katie Price: Nothing to Hide, a candid and unfiltered accou...
09/06/2026
Back to All News
Netflix Unveils First Images And Poster For Wrath, A New Brazi...
09/06/2026
Enni Continues to Rely on Arvato Systems - And Will Be Using AEP.EnerS4 Billing Solution
Arvato Systems to implement transformation project for SAP S/4HANA Ut...