Notice:
This is an AI-generated English translation of the original Korean article and is not an official translation by the media outlet. Some wording or nuance may differ from the original.
2026.07.07 BusinessKorea / View Original Article →
Large Co., Ltd. Selected as a Promising Company in the Second Round of the Public Procurement Service’s “Innovation Premier 1000” Program
▶ FIRESSAK fire blankets, developed with proprietary technology, recognized as government-certified innovative products
▶ Company lays the groundwork to secure a stronger position in the public procurement market and accelerate global scale-up
Photo provided by Large Co., Ltd.
Large Co., Ltd. announced on July 7 that it has been finally selected as a promising company in the second round of the “Innovation Premier 1000” program organized by the Public Procurement Service (PPS).
“Innovation Premier 1000” is a key business development program designed to identify promising companies with strong growth potential and outstanding technologies among companies with PPS-designated innovative products. The program provides intensive support to help selected companies expand in the public procurement market and scale up into global enterprises. Through this selection, Large Co., Ltd. will receive customized support from the Public Procurement Service for approximately one year and six months, until December 31, 2027.
Based in Daegu, Large Co., Ltd. is a specialized manufacturer of fire safety materials and automotive parts. Using silica fiber technology that withstands extreme heat and flames, the company has developed and introduced FIRESSAK, a fire blanket brand designed for suppressing electric vehicle fires and large-scale fires.
In particular, FIRESSAK fire blankets from Large Co., Ltd. have previously been designated as innovative products by the Public Procurement Service. The company also won the Gold Award at the Innovative Product Public Procurement Competition last year, earning recognition for both its technological excellence and practical applicability in the public procurement sector. Its selection for the “Innovation Premier 1000” program is viewed as a result of these achievements in technology development and public procurement.
FIRESSAK fire blanket demonstration for electric vehicle fire suppression
Through its selection for the “Innovation Premier 1000” program, Large Co., Ltd. is expected to receive a wide range of government-backed benefits, including preferential treatment for public institution priority purchasing and pilot purchase programs, expanded linkage to negotiated contracts, preferential interest rates and guarantees through policy financial institutions, and support for entry into overseas public procurement markets through G-PASS. These benefits are expected to significantly expand the company’s sales channels in the public procurement market while accelerating its expansion into overseas markets.
Park Cheol-hyun, CEO of Large Co., Ltd., said, “Our selection for the Public Procurement Service’s ‘Innovation Premier 1000’ program is a meaningful achievement that once again recognizes our proprietary technology and the safety of FIRESSAK fire blankets at the national level.” He added, “We will continue to strengthen our cooperation with public institutions to contribute to protecting public safety and further grow into a high-growth company leading the global fire safety materials market.”
Notice:
This is an AI-generated English translation of the original Korean article and is not an official translation by the media outlet. Some wording or nuance may differ from the original.
2026.07.07 BusinessKorea / View Original Article →
Large Co., Ltd. Selected as a Promising Company in the Second Round of the Public Procurement Service’s “Innovation Premier 1000” Program
▶ FIRESSAK fire blankets, developed with proprietary technology, recognized as government-certified innovative products
▶ Company lays the groundwork to secure a stronger position in the public procurement market and accelerate global scale-up
Photo provided by Large Co., Ltd.
Large Co., Ltd. announced on July 7 that it has been finally selected as a promising company in the second round of the “Innovation Premier 1000” program organized by the Public Procurement Service (PPS).
“Innovation Premier 1000” is a key business development program designed to identify promising companies with strong growth potential and outstanding technologies among companies with PPS-designated innovative products. The program provides intensive support to help selected companies expand in the public procurement market and scale up into global enterprises. Through this selection, Large Co., Ltd. will receive customized support from the Public Procurement Service for approximately one year and six months, until December 31, 2027.
Based in Daegu, Large Co., Ltd. is a specialized manufacturer of fire safety materials and automotive parts. Using silica fiber technology that withstands extreme heat and flames, the company has developed and introduced FIRESSAK, a fire blanket brand designed for suppressing electric vehicle fires and large-scale fires.
In particular, FIRESSAK fire blankets from Large Co., Ltd. have previously been designated as innovative products by the Public Procurement Service. The company also won the Gold Award at the Innovative Product Public Procurement Competition last year, earning recognition for both its technological excellence and practical applicability in the public procurement sector. Its selection for the “Innovation Premier 1000” program is viewed as a result of these achievements in technology development and public procurement.
FIRESSAK fire blanket demonstration for electric vehicle fire suppression
Through its selection for the “Innovation Premier 1000” program, Large Co., Ltd. is expected to receive a wide range of government-backed benefits, including preferential treatment for public institution priority purchasing and pilot purchase programs, expanded linkage to negotiated contracts, preferential interest rates and guarantees through policy financial institutions, and support for entry into overseas public procurement markets through G-PASS. These benefits are expected to significantly expand the company’s sales channels in the public procurement market while accelerating its expansion into overseas markets.
Park Cheol-hyun, CEO of Large Co., Ltd., said, “Our selection for the Public Procurement Service’s ‘Innovation Premier 1000’ program is a meaningful achievement that once again recognizes our proprietary technology and the safety of FIRESSAK fire blankets at the national level.” He added, “We will continue to strengthen our cooperation with public institutions to contribute to protecting public safety and further grow into a high-growth company leading the global fire safety materials market.”