Space Bank's 'Life Safety Control Solution' designated as an innovative…

Space Bank's 'Life Safety Control Solution' designated as an innovative product by the Public Procurement Service
Space Bank, an AIDX (Intelligent Digital Transformation) specialized company, announced on April 1st that its 'Life Safety Control Solution' has been designated as an innovative product by the Public Procurement Service. This designation allows the solution to be introduced to public institutions first, and it is expected to quickly enter and expand into the safety management field.
The Public Procurement Service's innovative product designation system aims to select innovative products with excellent technological capabilities and support their introduction by public institutions. Once selected as an innovative product, public institutions can purchase the product without a separate competitive bidding process.
The 'Life Safety Control Solution' by Space Bank utilizes non-contact sensors to block unauthorized access and provides real-time safety monitoring and emergency response functions. This solution detects vital information such as heart rate and respiration, as well as safety accidents such as falls, through the integration of non-contact IoT sensors and heterogeneous sensors. It quickly detects life safety accidents in safety blind spots and sends alarms, making it effective in accident prevention and response. Additionally, the solution's AI-based data analysis feature allows for the early detection of abnormal biometric data and enables quick response and monitoring.
The solution can be widely used in various living safety fields such as public facilities, public restrooms, senior care, nursing, and schools through public procurement. Notably, the designated safety control solution has already been implemented in the Baekdudaegan Arboretum, where it monitors the 5,000-hectare safety shadow zone and meets the highest security standards as a control solution for the national security agency.
On March 27th, Space Bank's CEO, Wonhee Lee, attended the Innovation Product Designation Ceremony held by the Seoul Regional Procurement Service and received the 'Public Procurement Service Innovative Product' designation certificate. This designation allows Space Bank to receive support for pilot purchases by the Public Procurement Service through contracts with public institutions. Furthermore, the company is guaranteed entry into the public market through purchase exemption, purchase target ratio, and priority purchase systems.
Wonhee Lee expressed his hopes that the designation as an innovative product by the Public Procurement Service will contribute to further improving the level of life safety management in public institutions. He also emphasized the company's commitment to using technologies such as artificial intelligence to create innovation and contribute to building a safer society.
In addition to this innovative product designation, Space Bank is leading digital innovation in various industries, including supporting the digital transformation of small and medium-sized enterprises and public institutions through its low-code-based AIDX solution. The company has also obtained Cloud Security Certification (CSAP) and Software Quality Certification (GS) and has been selected for the Technology Innovation Program (TIPS), accelerating digital transformation in the public and private sectors through its LLM-based control solution that combines AI models.
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