![Banseog [ physical ai ]](/assets/brand/banseog-physical-ai-on-dark.svg?v=20261007){kind=small}
Banseog note · 2026-10-25
Vehicle vision AI in 5 million cars, preparing its next generation after listing
Leap — Raising funds through a KOSDAQ listing and moving on to next-generation ADAS and autonomous driving vision
- Consolidated revenue grew from KRW 7.171 billion in 2023 to KRW 11.539 billion in 2024 and KRW 18.109 billion in 2025. It has supply contracts with 13 global automakers covering more than 50 models, and SVNet had been installed in more than 5 million vehicles cumulatively through 2025.
- According to Korea's National Pension Service public workplace data, there were 241 people on the pension register in August 2026, 2 more (0.8%) than in September 2025. In that period 58 people joined and 60 left, so headcount is flat while people are turning over.
Decisions within a year
- KOSDAQ listing It listed on KOSDAQ on June 30, 2026, and said it would use the IPO proceeds for next-generation ADAS and autonomous driving R&D, research staff and expanding its global customer base.
- Supply for Aptiv's next-generation smart camera: On October 12, 2026, it signed a KRW 3.21408 billion (USD 2.4 million, 17.7% of recent revenue) contract with Aptiv Global Operations Limited, an affiliate of its largest shareholder, to develop and supply front-camera vision perception software. The term runs from October 8, 2026, to April 30, 2028, with payment received according to stage-by-stage milestones.
- Expanding application areas At its listing press conference it said it would extend the FrontVision, SurroundVision and MultiVision product lines from Level 2+ ADAS to Level 3 and 4 autonomous driving, and expand its vision AI into robotics, smart infrastructure, defense and drones.
People they will look for
- Vehicle vision perception deep learning engineer — the company needs people to build next-generation products, from front cameras to multi-camera 3D perception
- Production customer support engineer (automakers and suppliers) — meeting milestones and customer acceptance, as in the Aptiv contract, and taking products through to production
- New business vision AI engineer (robots, defense, drones) — having said it will extend vision AI beyond vehicles, the company needs people to adapt it to new platforms
For hiring managers
People with vehicle vision perception and production support experience are sought by Korean and global automotive electronics suppliers and autonomous driving software companies alike. With the company having said it will grow its research staff with listing proceeds, now is the time to retain key people and bring in new ones.
For job seekers
Experience optimizing camera perception models for vehicle chips and putting them into production cars is what this company values most right now. Experience with robot or drone vision also becomes more useful on the new business side.
An analysis written from public sources. Sources: Kbench 2026-06-12 (listing press conference: revenue trend, 13 automakers, 50 models, 5 million vehicles, expansion areas), Korea's National Pension Service public workplace data (August 2026 register), Edaily 2026-06-30 (KOSDAQ listing, use of IPO proceeds), Digital Today 2026-10-12 (Aptiv contract amount, term and ratio to revenue), Money Today 2026-10-12 (Aptiv next-generation smart camera, milestone payments). Headcount is from Korea’s National Pension Service public data (Korean workplaces).
Open jobs
Banseog checks official company careers pages every day. A job is marked closed only when the official page returns a removal (404 or 410).