The Gyeonggido Business & Science Accelerator (GBSA) independently hosted the Gyeonggi Pavilion for the first time at CES 2025, the world’s largest IT and electronics exhibition, held in Las Vegas from January 7 to 10. This year’s CES brought together over 4,300 companies from 150 countries under the theme, "Connect, Solve, and Discover," showcasing cutting-edge technologies such as AI applications, quantum computing, and AI robotics.
In collaboration with six organizations, including Goyang City, Gwangmyeong City, Paju City, Hwaseong City, Ajou University, and Kyung Hee University, GBSA managed the Gyeonggi Pavilion in the Eureka Park at the Las Vegas Convention Center. The pavilion featured 17 promising startups from Gyeonggi Province.
GBSA supported the participating companies with pre-event training, IR pitching mentorship, and an on-site IR pitching program. It offered practical assistance, including booth rental, interpretation, and logistics support.
Two companies from Gyeonggi-do - VHEX Lab and TMEV NET - earned the CES 2025 Innovation Awards, highlighting their global technological excellence.
VHEX Lab was recognized in the Digital Health category for its AI-based psychological therapy platform, SITh (Self-Insight Therapy). TMEV NET won in the Vehicle Tech and Future Mobility category for its ultra-fast charging cable using liquid evaporation phase-change technology.
Hyoungnam Cho, CEO of TMEV NET, stated, “The CES Innovation Award validates the excellence of our technology. This recognition marks the beginning of our full-scale global market entry.”
On January 7 and 8, GBSA held investor pitch sessions at the Gyeonggi Pavilion. Seven companies, including MetroAir, DroneTree, and IDEA Corp., showcased innovative AI, mobility, and drone technologies. These efforts were highly praised by international investors and industry professionals, boosting the companies’ global market potential.
The Gyeonggi Pavilion recorded substantial outcomes at CES 2025, achieving 766 export consultations and initiating 276 contract negotiations worth approximately $83.3 million.
IDEA Corp. (Paju City) secured a $1 million supply contract with a Los Angeles buyer for its LAZO automated instant food cooking system. Laxppy Inc. (Hwaseong City) signed an MOU worth $500,000 with a French software company for its automated draft beer machine.
Sungcheon Kang, President of GBSA, commented, “Hosting the Gyeonggi Pavilion independently at CES 2025 represents a bold step toward systematically supporting Gyeonggi's innovative companies in their global market expansion. We will continue our efforts to enable Gyeonggi companies to lead global innovation in the AI era.”
