[Edaily Reporter Kwon Oh Seok ] BIOLOG DEVICE CO., LTD(208710)’s stock price is surging in early trading. It appears that buying interest is surging following news that the company is partnering with EdgeQ to commercialize next-generation cooling technology.

According to MP Doctor on the 15th, PHOTON’s stock is trading at 2,005 won as of 9:05 a.m., up 9.80% from the previous trading day.
Earlier, the company issued a press release stating, “We signed a ‘Memorandum of Agreement (MOA) for Investment Commitment and Mutual Cooperation’ with EdgeQ at our headquarters in Yongin, Gyeonggi Province, and have established a strategic partnership.”
This agreement aims to simultaneously pursue investment and commercialization based on EdgeQ’s “next-generation cooling solution based on quantum precision control” technology. This technology is a core technology owned by Seoul National University and the Institute for Basic Science (IBS), with Professor Jeong In of Seoul National University’s Department of Chemical and Biological Engineering participating in its development. EdgeQ recently strengthened its technological competitiveness by securing ownership of three key patents related to this technology.
Based on this, PHOTON decided to make a strategic investment in EdgeQ and plans to advance quantum cooling materials and process technologies. In particular, the company intends to expand its business with a focus on high-value-added industries, including the automotive sector.