This is the first time an autonomous driving company has won the award.
The IR52 Jang Young-shil Award is hosted by the Ministry of Science and ICT and organized by KOITA and Maeil Business Newspaper.
It recognizes companies and R&D organizations that have made significant achievements in developing and commercializing innovative technologies.
RideFlux was recognized for its mature autonomous driving technology, diverse public service operations on uncontrolled public roads, and the excellence of its R&D staff.
The milestone was achieved in less than two years, compared to the four to eight years required by global autonomous driving companies such as Waymo, Motion, and Cruise.
Since then, RideFlux has demonstrated its commercial autonomous driving technology by operating multiple public services on uncontrolled roads.
The company has launched the longest-distance autonomous paid transportation service in South Korea.
It has also launched the Tamra autonomous vehicle service, which operates an autonomous shuttle service and a real-time call-based zoned last-mile service.
RideFlux’s CEO expressed gratitude for the recognition and the company’s commitment to accelerate technological advancements further to create autonomous services for mobility-impaired people.