Park Systems Announced the Company Stock Valuation Exceeded 1 Trillion KRW During the KOSDAQ Opening
- 22 Jun 2021
- Volume 22
- NANOscientific Magazine, Summer 2021
Park Systems, world leading manufacturer of Atomic Force Microscopes announced the company stock valuation exceeded 1 Trillion KRW (almost $1 Billion USD) during the KOSDAQ opening on April 5, 2021.
Park Systems issued 1 million shares for its initial public offering on December 17th, 2015 at KOSDAQ, which is a Korean version of NASDAQ. Since the IPO, the company has progressed as a global leader in Atomic Force Microscopy, with a commanding lead in semiconductor advanced automated AFM systems and bringing AFM technology into the mainstream as the premier tool for nanoscale metrology.
The valuation at KOSDAQ, close to $1 Billion USD brought attention from foreign investors who have made active purchases, increasing the company’s holding from 11%(Jan) to 18% (March). Recently Park was recognized by Forbes Asia Best Under a Billion list for 2020, received the KOSDAQ Grand Prize, and listed on the FTSE small-cap index. In 2020, Park Systems signed a JDP with IMEC JDP to address the current metrological challenges of continuously downscaling the geometrical dimensions of devices and 3D stacking assembly and earlier this year, made an equity investment in Molecular Vista, that produces AFM tools to probe and understand matter at the molecular level through quantitative visualization using InfraRed Photo-induced Force Microscopy.
“Park Systems is a stable technology driven company that plans to play a dominant role in the future of nanoscale engineering and manufacturing,” states Keibock Lee, Park Systems President. “Our forward-thinking methodology relies on market intelligence to create nanoscale tools that will perform in the increasingly dominant nanoscale environment for scientific research and applications.”
Park Systems is headquartered in Seoul, South Korea and with rapid global expansion has become the premier supplier of Atomic Force Microscopy tool for industrial, research and academic nanoscale research, where AFM with the Park Systems patented true non contact mode is chosen to preserve sample integrity. Research efforts at the extensive Park Applications Technology locations worldwide have led to the development of many leading AFM technologies including SmartScan operating software, PinPoint mode which can be applied for nanomechanical analysis and electrical modes; and most recently, the Smart Litho interface.
Park Systems was the first company to revolutionize AFM technology with its flexure-based scanner system that brought new levels of accuracy, resolution, and sample handling to the technology. In 2024, Park Systems will move into a new expanded headquarters and will introduce a new fully automated AFM with AI and robotic intelligence.
About Park Systems
Park Systems is the fastest growing and world-leading manufacturer of atomic force microscopy (AFM) systems, with a complete range of products for researchers and engineers in the chemistry, materials, physics, life sciences, semiconductor and data storage industries. Our mission is to enable nanoscale advances for scientists and engineers solving the world’s most pressing problems and pushing the boundaries of scientific discoveries and engineering innovations. Customers of Park Systems include most of the world’s top 20 largest semiconductor companies and national research universities in Asia, Europe and the Americas. Park Systems is a publicly traded corporation on the Korea Stock Exchange (KOSDAQ) with corporate headquarters in Suwon, Korea, and regional headquarters in Santa Clara, California, USA, Mannheim, Germany, Beijing, China, Tokyo, Japan, Singapore, and Mexico City, Mexico. To learn more about Park Systems, please visit www.parksystems.com.