Visual effects (VFX) and content corporation Dexter Studios (CEO: Kim Wook, Kang Jong-ik) signed a strategic memorandum of understanding (MOU) with the Technology Research Institute for Culture and Heritage (CEO: Kim Ji-gyo, Son Tae-ho).
Dexter Studios announced on May 12 that it had signed an MOU for collaborative research and production of immersive content with the Technology Research Institute for Culture and Heritage (TRIC) at its headquarters in Sangam-dong, Seoul on the previous day (afternoon of May 11).
TRIC is a global digital heritage corporation covering a wide variety of fields from digital archiving, preservation, restoration, reproduction, and content development to exhibitions.
Dexter Studios had previously developed immersive content combining culture and digital technology with TRIC via various projects, including a project to produce immersive video content for the World Cultural Center (hosted by the National Museum of Korea), a project to produce and distribute immersive cultural heritage content using Sodaeheon, and a real-time high-speed renderer technology development project for creating ultra-realistic holograms of cultural heritage.
With its latest MOU, Dexter Studios will work with TRIC on exchanging digital twin (using real-world machines, equipment, objects, etc. in a computer-based virtual world), VR, AR, and XR production technologies for cultural heritage assets, and focus on boosting the efficiency of relevant technologies.
Moreover, the two companies have plans to develop and invest in education, tourism, exhibition, publication, and metaverse-related businesses at home and abroad by infusing Dexter Studios’ VFX production capabilities with the digital heritage technology available at TRIC and various digital resources of UNESCO World Heritage sites.
Dexter Studios CEO Kim Wook said, “The MOU with TRIC was a natural step for us given the flow and changes to the digital heritage content market.” Kim added, “We hope that this MOU can help us, directly and indirectly, to not only expand our business, but also preserve and utilize cultural heritage.”
Kim Ji-gyo, CEO of TRIC, said, “The digital heritage market is a field that is growing at a rapid pace worldwide since the onset of COVID-19.” He added, “With this MOU, we plan on reinforcing the competitiveness of our technologies, which can help the Korean digital heritage industry emerge as a global leader.”