Euracle has been selected as the lead research and development institution for a national project to develop autonomous manufacturing and inspection technology for tractor transmissions.

Euracle announced that it was chosen as the lead R&D institution for the 'Development of an Integrated Platform for Autonomous Manufacturing and Inspection of Tractor Transmissions Based on Physical AI with Human Autonomy' project, hosted by the Ministry of Trade, Industry and Energy. According to the regulatory filing, the specialized agency is the Korea Institute of Industrial Technology Evaluation and Planning (KEIT), with Euracle serving as the lead institution. InterX and four other companies are participating as joint R&D institutions.

• ■ Project Overview
• Research period: July 1, 2026 to December 31, 2029 (3 years and 6 months in total)
• Total project cost: 11,642,735,000 won
• Total government-funded research budget: 7,740 million won (7.74 billion won)
• Government-funded R&D budget allocated to Euracle: 1.35 billion won

In terms of financial impact, Euracle's equity based on its consolidated financial statements at the end of 2025 stands at 19,346,779,615 won, and the ratio of the allocated government-funded R&D budget to equity was calculated at 6.98%. The project agreement date is September 17, 2026.

The company explained that the R&D period and project cost stated in the filing may be subject to change depending on the future progress of the project and the government budget.