CYTUR Inc. (CEO Yonghyun Cho), a specialist in maritime mobility cybersecurity for smart ships, autonomous vessels, and smart naval systems, announced on the 30th that it successfully secured a Pre-Series A investment from Darae Strategy & Business (Co-CEOs Soon-Gu Bae and Jung-Kuk Kim).

This investment round also included Lighthouse Combined Investment and Sunbo Angel Partners. The funds will be allocated to bolster the company’s professional workforce and advance its research and development (R&D) capabilities.

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Additionally, CYTUR gained significant attention and received collaboration proposals from global stakeholders in the shipbuilding and maritime sectors, including both civilian and defense representatives, after presenting its AI-based threat detection and response technologies for vessels at the UN-affiliated International Maritime Organization's (IMO) Annual Cybersecurity Symposium held in London, UK, in November 2024.

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CYTUR CEO Yonghyun Cho stated, "This investment validates our technological prowess and business potential in ship cybersecurity. We are committed to becoming the first mover in this field in the global market."

Soon-Gu Bae, Co-CEO of Darae Strategy & Business, remarked, "With the growing global demand for cybersecurity solutions, the maritime cybersecurity sector is poised for significant growth and revenue expansion. CYTUR, a standout participant in our AI Security Promising Enterprise Program, has demonstrated robust technology and organizational capacity. Its alignment with mandatory compliance for maritime cyber resilience regulations (UR E26 and E27), along with its collaborations with domestic and international shipbuilders, positions it as a key player in expanding the global market, prompting our decision to invest."

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source: Electronic Times Internet (www.etnews.com)