Promotional poster for Space Bank at GITEX North Star Dubai 2024 │ Image provided by Space Bank
Space Bank, an AI DX company led by CEO Woney Lee, announced its participation in the Middle East’s largest IT exhibition, GITEX North Star Dubai 2024, held from October 13 to 16 at Dubai Harbour. The company will showcase its AI DX solutions, including a low-code development platform.
At the event, Space Bank will demonstrate its robot, facility, and safety monitoring solutions and a non-contact sensor system capable of monitoring heart rate, breathing, sleep apnea, posture, and fall detection for safety management.
Known as the “CES of the Middle East,” GITEX began in 1981 and is a key platform where global companies showcase their innovative technologies and explore opportunities in the Middle Eastern market. GITEX 2024 will feature over 6,000 companies from 180 countries, with more than 200,000 visitors.
Space Bank will exhibit in the North Star Dubai startup pavilion as part of a joint booth organized by the Korea Software Industry Association (KOSA). The company will introduce its intelligent integrated control solution, “AloT Wright,” based on a low-code development platform, targeting the smart city market.
KOSA had previously recruited companies to participate in GITEX as part of the Ministry of SMEs and Startups’ support program aimed at expanding the presence of domestic software companies in the Middle Eastern market. Through GITEX and the parallel “Expand North Star” event, Space Bank will have the opportunity to pitch to UAE government accelerators and investors.
Space Bank plans to leverage this exhibition to increase global recognition and actively pursue international clients.
CEO Woney Lee stated, “We plan to aggressively expand into the Middle Eastern market by participating in GITEX North Star Dubai 2024. We will actively promote AI DX solutions to drive exports and attract investment. In addition to working with domestic companies, we are committed to building global partnerships.”
Pangyo Techno Valley is a global integrated R&D hub focused on IT, BT, CT, and NT, integrating Research (R), People (P), Information (I), and Trade (T). As Gyeonggi-do’s representative innovation cluster, Pangyo Techno Valley was established to secure national new growth drivers such as technological innovation, human resource development, job creation, and enhancing international business competitiveness. As of 2023, 1,666 companies employ 78,751 people, and it has positioned itself as the most innovative hub in South Korea, with sales amounting to 167.7 trillion KRW (125.5 billion USD).
Furthermore, the Techno Valley Innovation Division of the Gyeonggi-do Business & Science Accelerator (GBSA) holds monthly events such as the Pangyo Evening Meet-Up, Pan-Pan Day, and the Pangyo Startup Investment Exchange “In-Best Pangyo” to maximize the value of Pangyo Techno Valley. They also support the Pangyo Overseas Promotion Program to publicize information about Pangyo’s companies, products, and services to domestic and foreign investors and the media, thereby facilitating foreign investment.
