FORMAX
Formax Network selected as 2025 state-support industrial-academic collaboration R&D project
The Traffic Information Research Institute under Formax Network (Formax hereinafter) has been recently selected as a state-support project of 2025 and will be conducting studies in earnest on AI traffic information.
The 2025 Industrial-Academic Collaboration R&D Project is a state-support project to achieve research results through collaboration between companies and universities by utilizing their strong points. Formax applied for the project by proposing a collaboration with Inha University, which has professional manpower and technology in the AI field, and was adopted as a state-support project of the year in recognition of the excellence of the proposed research subject which is “Deep learning-based traffic forecasting model development and validation check for optimal path finding of connected car navigation.”
Formax has already been envisioning a theoretical basis since 2023, and by being selected as a state-funded project, the full-scale research will now be undertaken. Through preliminary research and feasibility verification within this year, the research project plans to conduct full-fledged commercialization R&D from 2026, and it will also serve as an opportunity for our FX Traffic to evolve to the next level.
Our constant research aims
- to enable optimized road driving by Real-time + AI traffic forecasting
- to extract and utilize event information such as road accidents through analyzing the differences between actual data and AI traffic prediction
- to be used as essential traffic information for autonomous vehicles.
