Press Release

Rainbird GEO Selected for 2024 APAC Cleantech 25

On May 7th, RainbirdGEO Inc., led by Professor Choi Yong-sang, was selected for the 2024 APAC Cleantech 25. This prestigious award, sponsored by the Asian Development Bank Ventures, honors 25 companies each year for their leadership in sustainable technological innovations. The event was held from May 7th to 8th at the Sheraton Hotel in Singapore.

The forum featured discussions on adaptation and resilience, the future of energy and power, and the expansion of sustainable aviation fuels in Asia and beyond. Highlights included a new strategy for decarbonization and resilience, Cleantech Group’s perspective on hydrogen, and the role of AI in creating a sustainable future for Asia. Critical minerals and their sustainable and economic supply were also key topics.

Professor Choi participated in a panel discussion "Adaptation and Resilience: Is APAC Innovation Addressing the Challenge?" where he emphasized the importance of early warning systems in climate adaptation and the need for increased investment in this sector. The session concluded with Antony DeOrsey Jr. discussing the importance of investment and data in the adaptation sector.

Following the event, RainbirdGEO engaged in meetings with over five companies, including the Canadian Embassy and BP Ventures, to discuss potential investments and collaborations. These meetings utilized a separate purchasing system to verify the demand for the company’s products and satellite analysis data. Networking with cleantech analysts and experts also helped form a sustainable innovation community and expanded RainbirdGEO’s network across 18 countries.

Founded in 2017 as the first faculty startup from Ewha Womans University’s College of Engineering, RainbirdGEO has been utilizing South Korea’s GEO-KOMPSAT-2A satellite to develop early warning systems for climate risks in the Asia-Pacific region.

The company continues to manage various climate risk projects globally, including landslide early warning systems in Nepal supported by KEITI, climate risk systems in Pacific island nations supported by UNEP and GCF, and heatwave early warning systems in Cambodia supported by ADB, in collaboration with Save the Children Korea for multiple climate risk systems in Bandung, Indonesia.

RainbirdGEO’s efforts are made in collaboration with Ewha Womans University’s the Center for Climate/Environmental Change Prediction Research, aiming to play a crucial role in solving global climate issues through sustainable technological innovation.

The successful completion of the 2024 APAC Cleantech forum, attended by experts from 18 countries, and promising meetings with multinational companies, are expected to significantly enhance the company’s global market presence.