IFEZ Journal

Exploring Tenant Companies : Visit NEOSTACK 

Next-Generation 

Smart Lighting 

That Increases Energy Efficiency

NEOSTACK dreams of becoming the optimal IoT partner, 

providing connected smart lighting-technology solutions. The company is 

pioneering the 3rd-generation smart lighting market by developing 

a lighting-based IoT platform using wireless networks. Let’s meet NEOSTACK, 

a leader in smart lighting that offers both energy efficiency and convenience.

Differentiated Smart Lighting

Founded in 2018, the company received technology transfers from the Electronics and Telecommunications Research Institute(ETRI), Korea’s top research institute, in 2020 based on its use of ubiquitous lighting as IoT infrastructure. Afterwards, it succeeded in attracting investment from ETRI Holdings and started as an ETRI research institute company in 2021. NEOSTACK utilizes cutting-edge IoT to provide communication solutions for smart lighting, attracting attention with next-generation systems that will increase the energy efficiency of LED lighting. This solution has garnered interest because it allows users to adjust everything from the light’s brightness, color, and color temperature to their liking and also to control it remotely and according to a set schedule. However, most communication solutions have the problem that they are designed for small-scale use environments. To help domestic LED lighting manufacturers overcome these limitations and quickly enter the smart lighting market, NEOSTACK developed the first smart lighting IoT platform in Korea that provides all technologies and components. Based on this platform, the company is growing significantly while presenting differentiated smart lighting solutions.

Efficient Management of Complex Lighting Systems

In particular, NEOSTACK’s smart lighting IoT platform focuses on centralized control of multiple lighting devices through a network. This approach is receiving great attention from companies because it enables efficient energy use and remote monitoring and management of large-scale lighting equipment. In addition, it is considered a major advantage for complex lighting systems to be efficiently managed in commercial or industrial environments through such network-based lighting control. Above all, NEOSTACK’s differentiated technology fuses lighting and positioning technology. Lighting is a type of IT infrastructure that exists everywhere, and NEOSTACK converts lighting into a positioning resource using technology transferred from ETRI. As a result, indoor lighting can serve in navigation and provide innovative services. In the future, NEOSTACK plans to work harder to spread smart lighting at home and abroad, where lighting companies and lighting platforms can coexist. Through this, the domestic lighting market is expected to be revitalized once again.

NEOSTACK 

Establishment Date January 8th, 2018

Type of Business Computer programming service business

Address Room D232, 2nd Floor, Bonbu-dong, 410, Jeongseo-ro, Seo-gu, Incheon

Website neostack.co.kr

[MINI INTERVIEW]

Jeon Jin-oh 

CEO of NEOSTACK 

Q. Nice to meet you! Can you tell us a little bit about NEOSTACK?

Nice to meet you, too! NEOSTACK was founded in 2018. It received ETRI investment and is a research company within Incheon’s Small Strong Special Zone. We provide a system that can automatically control various indoor and outdoor lighting components by incorporating IoT technology.

Q. Was there a particular reason or trigger for choosing Songdo International City? 

In our company’s early days, the Incheon Global Campus(IGC) project had begun in Songdo. During this time, we also settled in Songdo International City and, following this relocation, we secured a sufficient demonstration environment and related business support for technology development. This support was very helpful in fostering our lighting solution, which led us to decide to settle in this city for the long term.

Q. Can you please tell us about the main projects that NEOSTACK is working on? 

Lighting is essential but consumes more than 20-30% of a building’s energy. As 41% of domestic buildings are more than 30 years old, their energy efficiency is inevitably lower than that of newly built structures. So far, replacement with LED lighting has helped increase energy efficiency, but it is difficult to expect a more significant effect due to limitations in LED light efficiency. We researched how to automatically control existing lighting in old buildings without additional electrical work. As a result, we came to provide intelligent lighting control solutions that can increase buildings’ energy efficiency by more than 30%.

Q. What vision does NEOSTACK plan to pursue in 2024? 

Artificial lighting was invented 150 years ago and is still used simply to light up dark spaces. Our company wants to redefine the uses of these lights. For example, this year, we plan to provide a service that uses indoor lighting to provide directions or locate items — like a car’s navigation system.

Q. Lastly, is there anything you would like to say to IFEZ Journal readers? 

We also provide services that use lighting to promote safety in the public and private sectors. If you are concerned about equipment crashes at industrial facilities, toxic gas leaks, or accidents caused by fog — like on Incheon Bridge — don’t hesitate to get in touch with us, and we will strive to provide solutions to such problems.