AimFuture, a comprehensive AI solution provider, and ITM Semiconductor, a specialist in secondary circuit protection batteries, have signed a Memorandum of Understanding (MOU) to develop AI-based smart battery and smart motor actuator technologies. The two companies are officially embarking on the development of next-generation smart battery packs and motor actuator solutions.
The MOU signing ceremony took place on the 10th at AimFuture’s headquarters in Yangjae-dong, Seoul, with executives from both companies in attendance. Founded in 2020 and supported by the Seoul AI Hub under the Seoul Metropolitan Government, AimFuture is an AI solution company providing Neural Processing Unit (NPU) accelerator Intellectual Property (IP), on-device AI System-on-Chip (SoC), and system integration services. It currently targets the Internet of Things (IoT), home appliances, drones, and robotics markets.
Through this agreement, AimFuture plans to utilize its proprietary AI computing acceleration technology to predict battery life in advance and develop technology for automated diagnosis of individual battery cell conditions. ITM Semiconductor will leverage its existing infrastructure to handle the prototype manufacturing and performance verification of the AI-based smart battery packs and motor actuator solutions. The companies also intend to move forward step-by-step toward ensuring product stability, mass production, and commercialization.
Furthermore, both companies plan to jointly review the feasibility of applying these technologies to various AI-enabled devices, including e-cigarette devices, to expand their new application product lines.
“We will commercialize differentiated smart solutions by combining our AI computing capabilities with ITM Semiconductor’s accumulated protection circuit technology and production infrastructure,” said Jae-Hwa Kwak, CEO of AimFuture.
Hyuk-Hwi Na, CEO of ITM Semiconductor, stated, “Through this agreement, we will drastically strengthen our competitiveness by integrating AI technology across our core businesses, such as smartphone protection circuits, e-cigarette devices and cartridges, and small sensors. We will continue to secure future growth engines by expanding cooperation with promising startups and actively reflecting the latest technology and market trends.”
