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Saek Selected as Co-Research Institution for National Flash Radiation '1-Second Cancer Treatment Device' Project... Secures 6.25 Billion Won in Government Funding

Saek has been selected as a co-research institution for the 'Strategic Research Project for Flash Radiation 1-Second Cancer Treatment Device,' led by the Korea

Oseong Kwon
Staff Reporter
3 min read
Saek Selected as Co-Research Institution for National Flash Radiation '1-Second Cancer Treatment Device' Project... Secures 6.25 Billion Won in Government Funding
CBC News

Saek has been selected as a co-research institution for the 'Strategic Research Project for Flash Radiation 1-Second Cancer Treatment Device,' led by the Korea Research Institute of Standards and Science.

This national project aims to develop an innovative 1-second cancer treatment device utilizing flash radiation technology. The project's key schedule, budget, and participating institutions are as follows.

[Project Schedule and Budget] • Contract Date: July 6, 2026 • Research Period: April 1, 2026 – December 31, 2030 (approximately 4 years and 9 months) • Total Project Budget: 27.085 billion won (including 25 billion won in government funding)

[Participating Institutions] • Lead Institution: Korea Research Institute of Standards and Science • Co-Research Institutions: Saek, Seoul National University Hospital, Dongnam Institute of Radiological and Medical Sciences, Korea Institute of Radiological and Medical Sciences, Electronics and Telecommunications Research Institute • Commissioned Institutions: Yonsei University, Oncosoft

The government funding allocated to Saek for this project amounts to 6.25 billion won. This is equivalent to 17.7% of the company's equity (35.37063862 billion won) based on its standalone financial statements as of the end of 2025, and is expected to have a meaningful financial impact.

Saek plans to fully carry out the development of the flash radiation 1-second cancer treatment device through this project. However, the company stated that the project period and budget may change in the future depending on government policies and negotiations among the contracting parties.

Oseong Kwon
Staff Reporter

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