CUBOX

About CUBOX

CUBOX Co., Ltd. operates as an artificial intelligence company with a focus on biometric recognition technologies. Founded in 2019 and headquartered in Seoul, South Korea, the company has established a significant presence in the domestic security market. A major achievement includes supplying 100% of the automatic immigration checkpoints at Incheon International Airport and facial recognition terminals to the four main government complexes in Korea. This demonstrates the company's capability in deploying large-scale, high-security biometric systems. The firm's technological proficiency is further validated by high rankings in the National Institute of Standards and Technology (NIST) Facial Recognition Vendor Test (FRVT), where it has secured top positions globally and domestically.

The company's business model is centered on providing AI-based facial recognition systems and solutions to a variety of sectors. Key clients are public institutions and government bodies, particularly in the airport and transportation sectors where CUBOX deploys its automated border control (ABC) e-Gates. Revenue is generated through contracts for these system deployments, such as the one awarded by the Ministry of Justice of the Republic of Korea to install and upgrade e-Gates in airports and harbors. The business extends to serving clients in building security, financial services, and food and beverage industries.

CUBOX's product portfolio is built around its core AI algorithm, "K-Face i". This technology powers a range of hardware including the "K-Face ST" facial recognition device and the "K-Walk D1" walk-through gate. These products are designed for contactless biometric verification, a feature of increasing importance in public spaces. The systems are engineered to facilitate seamless and secure access control, with applications ranging from immigration processing to secure entry into buildings. The company has been supplying biometric e-gates to the Korean government since 2013, indicating a long-term relationship and a sustained track record of product delivery and maintenance.