In a remarkable display of innovation and technological prowess, Angelswing has clinched the prestigious Technology for Humanity Award at Saudi Arabia’s LEAP 2024. The global con-tech company stood out among over 2,500 contenders, showcasing a vision that promises to revolutionize smart construction and urban safety.
Angelswing’s triumph at the Rocket Fuel Pitch Competition is not just a win for the company but a leap forward for the construction technology (con-tech) sector. Their cutting-edge digital twin technology, which utilizes drones for real-time data capture, has set a new benchmark in the industry.
The company’s presentation at LEAP 2024 highlighted their commitment to enhancing safety and disaster response in smart cities. Their innovative approach to digitizing mega construction projects has not only garnered acclaim but also the attention of key Saudi government agencies, with whom they have signed multiple Memorandums of Understanding (MOUs).
Pioneering Digital Twin Technology
The core of Angelswing’s success lies in its pioneering digital twin technology. This technology creates a virtual replica of physical construction sites, allowing for enhanced operational efficiency and real-time decision-making. The company’s focus on automation and real-time processes has been instrumental in securing this top honor.
Their business model, which emphasizes societal impact, particularly in the realms of safety and disaster response, resonated with the judges. It’s a testament to the potential of digital twin technology in transforming the future of urban development and management.
Expanding Horizons
Following their success at LEAP 2024, Angelswing is poised for further expansion. Their recent accolades at Saudi’s largest startup exhibition, Biban, and the signing of MOUs with Saudi government agencies, underscore the company’s growing influence and the global recognition of Korean technological innovation.
The company’s CEO, Peter Park, has expressed a vision that extends beyond smart construction, aiming to contribute significantly to the development of smart cities. With a prize of 150,000 USD and the backing of the Saudi Ministry of Communications and Information Technology (MCIT), Angelswing is set to soar to new heights.
