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...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
29/05/2026
With InfoComm 2026 just weeks away, NDI is giving attendees plenty of reasons to...
29/05/2026
Reaffirming a partnership that has defined Canadian sports broadcasting since 19...
29/05/2026
Mobile/tablet is No. 2 device for watching TV, suggesting that the sports-production industry needs to take another look at the format
Ring Digital's Sprin...
29/05/2026
Berliner Ensemble, one of Berlin's five major theater companies, has expande...
29/05/2026
Solid State Logic will showcase its new compact, fly-away TCA Tour audio product...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, passed away last month on April 12 ...
29/05/2026
Paramount+ will be the English-language U.S. home for Barclays Women's Super...
29/05/2026
Further strengthening its virtualisation strategy to fully support broadcasters ...
29/05/2026
Swiss broadcaster Canal Alpha has deployed Harmonic's award-winning, software-based XOS Advanced Media Processor to modernize playout operations across cant...
29/05/2026
PTZOptics will showcase a new generation of intelligent video workflows at InfoComm 2026, June 17-19, Las Vegas. Visitors to booth N8227 will see how PTZOptics ...
29/05/2026
Arizona's Family has launched the Arizona's Family Sports (AZFS) streaming app, a new direct-to-consumer destination for live, local sports. The app is ...
29/05/2026
Starting in 2027, DAZN will be the exclusive home of The Canadian Football Leagu...
29/05/2026
Comcast Business has detailed the advanced network infrastructure it has deploye...
29/05/2026
In two-day event, leaders from academia and industry explored solutions to chall...
29/05/2026
The Basketball Tournament (TBT), now entering their 13th year of competition, ha...
29/05/2026
Roku has launched FOX One as a Premium Subscription on The Roku Channel in the U.S. Roku customers can now subscribe to FOX One using their Roku account for liv...
29/05/2026
In its sixth year, the broadcaster's coverage has become a global brand and ...
29/05/2026
Ratings Roundup is a rundown of recent ratings news and is derived from press re...
29/05/2026
The days are getting longer, the temperatures are rising, and playlists are filling up for the season. With summer around the corner, Spotify's global edito...
29/05/2026
New retro-inspired MPC announced
There are few devices that have gained the status held by Akai Pro's MPC range, and in recent years, the company have s...
29/05/2026
Save up to 30 on acclaimed titles
Following a successful launch at Superbooth 2026, Bjooks have revealed that they will be continuing the Kickstarter campa...
29/05/2026
Binaural monitoring application improved
Genelec have just released an update that brings some powerful new features to their HRTF-based binaural headphone ...
29/05/2026
6 June 2026 at SAE Institute, London, UK
IMSTA FESTA 2026 is almost upon us, with some of the biggest names in pro-audio set to descend upon SAE Institute i...
29/05/2026
Gerald (Jerry) Pierce, a pioneering technologist who helped shape the digital transformation of the motion picture industry, died April 12, 2026, at his home in...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Comparing 5 AI Video Enhancers for Restoring Old Video Quality
Kate Luvis May 29, 2026
0 Comments
Digitizing VHS, MiniDV, and other legacy formats doe...
29/05/2026
Studio Hamburg Builds New Post Pipeline with DaVinci Resolve Studio
Brie Clayton May 29, 2026
0 Comments
Workflow replaces a patchwork of legacy tools...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
29/05/2026
At the Intersection of Music and Dance, an Epic Collaboration Boston Conservatory musicians and dancers found creative parallels in their recent performance o...
29/05/2026
Something fundamental has shifted in how people consume media. Audiences aren't abandoning television or radio content; they're just expanding how, wher...
29/05/2026
Youtube exclusive special drops today
Watch now
UKTV today announces another e...
29/05/2026
Back to All News
The Official Trailer of Physical 100 Italy, on Netflix From Se...
29/05/2026
At just 20 years old, Sean Melia from Summerhill Co. Meath has been revealed as the winner of Super Garden 2026. Sean is the youngest ever contestant and winner...
29/05/2026
Experimental HIV vaccine achieves a long-sought goal In a first for the field, all non-human primates given a new series of vaccines generated antibodies capabl...
28/05/2026
Thomsons Climate Crisis Toolkit is already being put to work, helping journalist...
28/05/2026
FOX Sports' MLB coverage dominated the night at the 47th Annual Sports Emmy ...
28/05/2026
One of the most memorable postseasons in baseball history would have had no memo...
28/05/2026
NBC's Sunday Night Football is among the most-decorated and most-watched pro...
28/05/2026
The 2026 Sports Emmys marked a watershed moment for Prime Video Sports. After bu...
Facebook 
