- Full Time Employees
- 423
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Seoul South Korea
- IPO Date
- Nov 28, 2019
- Business
- WAVUS Co.,Ltd (KRX: 336060) is a South Korea-based spatial information technology provider specializing in Geographic Information Systems (GIS), digital twin platforms, artificial intelligence-driven geospatial solutions (GeoAI), and enterprise system integration (SI) and system management (SM) services. Founded in 2004 and headquartered in Seoul, South Korea, the company designs, develops, and deploys comprehensive software solutions and IT infrastructure for public land administration, smart city management, national spatial databases, and commercial spatial analytics.
The company operates across three core business segments: Spatial Information Platforms, Public System Integration and Maintenance, and Spatial Data Services. Its proprietary product and service portfolio is structured around the GeOn platform suite, comprising GeOnAI, a conversational GeoAI agent that processes natural language queries to generate customized geospatial maps and perform regulatory zoning and development pre-diagnosis; GeOnCity, an integrated smart city platform designed for municipal administration, urban planning, municipal asset management, and disaster response; GeOnDT, a three-dimensional digital twin platform delivering advanced spatial simulation capabilities including urban flood forecasting, solar radiation analysis, and hazardous material diffusion modeling; GeOnPaaS, a cloud-native platform-as-a-service environment for two-dimensional spatial application development and geospatial data processing; and GeOn AirX, a digital twin-based traffic and airspace control platform engineered for Urban Air Mobility (UAM) and unmanned aerial vehicle route management. In addition, WAVUS provides end-to-end system development, maintenance, and cloud migration services for major South Korean national administrative networks, including the Korea Land Information System (KLIS), the Comprehensive Real Estate Information System (KRAS), and the National Spatial Information Platform (K-Geo Platform). The company also conducts aerial photogrammetry, high-precision mapping, geographic database construction, and spatial consulting services for public corporations, central government ministries, regional governments, and private enterprise clients across South Korea.
In recent developments, WAVUS has advanced a corporate-wide AI Transformation (AX) strategy, shifting its primary business model from public-sector contracting toward high-margin GeoAI platform services and cloud-native software solutions. The company introduced its GeOnAI conversational spatial agent and launched its GeOn AirX platform to target emerging UAM air traffic control markets. To strengthen its disaster prediction capabilities, WAVUS established a strategic research alliance with the Korea Advanced Institute of Science and Technology (KAIST) and Datamaker to co-develop multimodal foundation AI models specialized in urban safety and hazard simulation. Additionally, the company launched the W Alliance, an industry distribution partnership aimed at expanding commercial GIS and spatial platform deployments, while completing the operational integration of the aerial surveying business division acquired from Naver System to enhance its high-resolution data acquisition and 3D digital twin modeling pipelines.