On September 29, INGINE signed a technical licensing contract for business expansion of wave-power generator technology to Japan.

With the contract, INGINE will be able to carry forward the wave-power generator business in Japan.Also, INGINE have accelerated the entry into the overseas market with its first overseas technical licensing contract.

The technical licensing contract between Japan and INGINE demonstrates the technological excellence of INGINE’s wave-power generator.In addition, it serves as a foundation for the construction of wave-power generation in the island area of Korea and for overseas business expansion.