• Safety Technology

    For

    The Tunnel-Vehicle-Human System

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    Location: Republic of Korea

    Specialized sector: Smart City, Disaster/Safety, Civil Engineering

    Company overview

    FMK Inc. is a South Korean startup that focuses on Smart City infrastructure, specifically in the areas of disaster prevention and civil engineering. Their flagship product is the TSI-T001 Tunnel Structure Investigation Device, which is an innovative system designed to inspect tunnels safely and efficiently, utilizing AI/ML technologies for crack detection and structural analysis. The company is still in the early stages of growth, with two employees and no reported sales yet. They are currently seeking an investment of KRW 500,000,000 to scale their operations and further develop their product.

    Problem overview

    Traditional tunnel safety inspections rely heavily on manual labor and often require traffic disruptions to allow for thorough inspections. This method is costly, inefficient, and poses a safety risk for workers. Additionally, manual inspections can miss critical early-stage cracks or damage, which can lead to higher repair costs or, worse, catastrophic failures.

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    Solution Overview

    FMK Inc.'s TSI-T001 system offers a remote, autonomous solution for tunnel safety inspections. The device operates on rails installed along tunnel ceilings, allowing it to perform continuous inspections without obstructing traffic. It gathers 360-degree 2D/3D data for precise, real-time analysis of tunnel structures and uses AI algorithms to detect and analyze cracks or weaknesses in the structure. This solution not only minimizes human labor but also increases the frequency and accuracy of inspections, leading to better safety outcomes and lower overall costs​.

  • Business Model

    FMK Inc. operates in a B2G (business-to-government) model, targeting government contracts for infrastructure projects in countries with significant tunnel networks. They are initially focusing on South Korea and Europe (France and Switzerland), where tunnel infrastructure is a key part of transportation systems. By demonstrating the cost-saving and safety-enhancing benefits of their system, FMK Inc. aims to secure contracts for safety inspection services. They are also planning to partner with international organizations such as Hong Kong ASTRI and Swiss CSEM to further validate and develop their technology.

  • Competitive Landscape

    FMK Inc. operates in a highly specialized niche, where competition comes from traditional engineering firms and technology companies offering tunnel inspection and infrastructure safety solutions. However, FMK Inc.'s unique value proposition is its automated, AI-driven system that allows for uninterrupted traffic flow and real-time data analysis, giving it a distinct advantage over traditional methods. Furthermore, the company holds several patents in Korea and the USA, giving it a technological edge in the tunnel safety market.

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