SEOUL, South Korea, April 23, 2024 – MakinaRocks, a leader in enterprise AI, was awarded the Prime Minister’s Citation at the Telecommunication Day ceremony on Monday, April 22. The event took place at the Gwacheon National Science Museum and celebrated significant advancements in science, technology, and information and communications.
This year’s ceremony themed “Global Science Technology Powerhouse – Achieving Digital Excellence,” was attended by President Yoon Suk Yeol, Minister of Science and ICT Lee Jong-ho, and Chairman of the Korea Communications Commission Kim Hong-il. A total of 157 individuals and organizations received honors, with MakinaRocks standing out for its exceptional contributions.
The company was recognized for its development and deployment of over 4,000 industry-specific AI models across more than 50 global manufacturing entities. This initiative not only strengthened AI competitiveness but also led to the creation of 58 new jobs over the past two years.
Operating from Seoul and Silicon Valley, MakinaRocks is a global pioneer in AI innovation with successful implementations across the automotive, battery, semiconductor, and chemical sectors. The company focuses on its proprietary enterprise AI operation platform Runway, and on providing customized AI solutions for various industrial applications.
MakinaRocks has earned industry recognition and attracted substantial investments from leading corporations including Applied Ventures, GS, Hanwha, Hyundai, Industrial Bank of Korea, LG, Naver, Samsung, and SK. It was the sole manufacturing sector representative on CB Insights’ AI 100 list in 2023, placing it among esteemed companies such as OpenAI and Huggingface. With a total investment of 25 million USD, MakinaRocks is gearing up for a special technology listing later this year.
"We are immensely proud to be acknowleded with the Prime Minister’s Citation, which celebrates our efforts to enhance Korea’s manufacturing competitiveness through AI,” said Andre S. Yoon, CEO of MakinaRocks. “Our commitment remains firm in driving the industrial shift towards the AI era and in positioning MakinaRocks as a top global AI powerhouse.”
About MakinaRocks
MakinaRocks is a pioneering leader in enterprise AI software for the global manufacturing industry, dedicated to accelerating industries’ transition to AI. Leveraging our MLOps platform and end-to-end AI solutions, we empower businesses to optimize operations, gain insights, and unlock significant value. Backed by $25M+ funding from global investors like Applied Ventures and Hyundai Motor Group, MakinaRocks is a top innovator listed in CB Insights AI 100 and the World Economic Forum’s Global Innovators Community. Learn more at https://www.makinarocks.ai/en/.
