MK Group invests half one million USD in Pavana to develop sensible cameras

About MK Group

MK Group was established in 1999, specializing in digital safety authentication options and sensible playing cards. MK is likely one of the few corporations within the area that absolutely masters associated core applied sciences, offering services and products that meet the strict calls for of the home and export markets. Within the Vietnamese market, MK offers 80% of the financial institution card market, over 70% of the market share in OTP for banking transaction authentication and 40% of the SIM market share for community operators. In 2021, MK Group is the provider of greater than 70 million citizen ID blanks to the Ministry of Public Safety.

Over 22 years of building and growth, MK Group is consistently investing, researching and making use of high-tech options in response to the event development of the world. The Group goals to higher serve the safety actions of e-government, banking and finance and public transport. Thereby, contributing to deliver a civilized, handy and secure life for folks.

About Pavana

Pavana is a Vietnamese expertise firm, simply obtained a $1 million funding from CNCTech group and Sky Mild. The corporate is specializing in analysis, growth and manufacturing of clever cameras utilizing synthetic intelligence for automobiles, buses, factories and concrete areas.

The corporate presently gathers a crew of R&D engineers with a few years of expertise working for giant companies and well-known expertise corporations in Vietnam. Apart from its personal branded merchandise, Pavana additionally researches and develops cameras for worldwide manufacturers, deploying manufacturing at Sky Mild and CNCTech factories in Vietnam.

MK Group poured half a million USD into Pavana to develop smart cameras - Photo 1.

Pavana focuses on creating AI cameras for home and worldwide markets.

The preliminary handshake for sensible cameras developed and manufactured in Vietnam

MK Group orients and builds its core values ​​in response to “Clever Digital Safety” to contribute to enhancing world competitiveness, whereas selling the event of the nation’s digital economic system. Accordingly, the group will present expertise options to make sure that all transactions from identification, info trade, to fee are executed intelligently and securely on a digital platform.

Speaking in regards to the purpose for investing in Pavana, Mr. Nguyen Trong Khang (President of MK Group) mentioned: he’s very supportive of the Vietnamese spirit and shares the will to grasp expertise with the crew of younger folks in Pavana. The sensible digicam applied sciences that Pavana is specializing in creating might be built-in by MK for biometric authentication and transaction safety. These options have many functions in all points of day by day life, from public providers, e-government, to finance and banking, and sensible cities.

On Pavana’s facet, CEO Nguyen Trung Kien mentioned: “MK Group is the primary company in Vietnam within the discipline of digital safety and sensible playing cards. MK has a big buyer base from authorities companies to organizations. Finance, ICT enterprise MK’s funding cooperation is essential to Pavana, serving to Pavana’s merchandise to be deployed to clients quickly, and likewise serving to our merchandise to be useful. highest safety, assembly the growing necessities of governments and companies within the digital transformation course of.”


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