DexterStudio signs MOU with ImpactRoom... "to strengthen competitiveness in virtual production"
LED screen specialist Impactorum and Korea-based VP-XR LED Wall Development Alliance
VP-XR hardware development and international expansion collaboration... 'maximizing synergies' with hardware and content from both companies
Dexter (206560), a visual special effects (VFX) and content specialist, will strengthen its competitiveness in the virtual production business with Korean LED screen specialist Impactrum.
Dexter Studio (CEO Kim Wook Kim and Jong Ik Kang) announced today that it has signed a VP-XR LED Wall development alliance with Impactrum (CEO Lee Peter) to strengthen its virtual production technology competitiveness and business capabilities. Through this alliance, the companies will cooperate in various ways to develop VP-XR (Virtual Production) hardware and enter the overseas market.
The agreement is aimed at gaining a technological edge and leading the global market for virtual production-based LED screens at a time when the industry is expecting explosive growth and rapid expansion of the VP-XR market.
Dexter has built and operates D1, a virtual production studio in Paju. To develop an upgraded version of the large LED wall in the D1 studio, Impactrum conducted its own panel tests and will release version 3 of the product later this year. "The brightness range perceived by the human eye is 10,000 nits, and the LED panels for the D1 studio were customized to 300 nits," said a project official. "This is the most natural configuration for blending backgrounds and subjects, and is expected to deliver higher quality VP shoots in the future."
Through this alliance, the two companies have pledged to cooperate on hardware development and supply, including VP-XR-specific LED panels and general LED panels. Dexter will provide customized solutions to enter overseas markets and expand the VP-XR business, and Impactrum will actively provide hardware to further strengthen the partnership.
Dexter Studio is an all-in-one comprehensive content company that is responsible for all aspects of content planning, shooting, production, and post-production, and has recently successfully completed the filming of director Kim Yong-hwa's new movie "The Moon" at D1 Studio. In addition, Dexter Studio will apply its virtual production technology to various contents co-produced with Mega Box Plus M and To You Dream, as well as to the live-action dramatizations of the manga adaptations "Hairdresser" and "The Emperor's Only Daughter," which are in the process of being adapted into live-action.
Impactrum is a screen specialist with high technical security and inspection capabilities that produces LCD-LED screens only in Korea based on its 11,000-pyeong factory in Yangju, Gyeonggi-do. Since its inception as a B2B provider of LEDs to Peerless-AV, the No. 1 installer of mounted structures in the U.S., the company has developed its own products, including virtual LEDs, the world's first mobile LED fold-n for conventions, and large-scale advertising LED signage for EVs.
"Based on Dexter's VP-XR content sales solution and Impactrum's systematic LED screen development pipeline, we will be able to create synergies to enter overseas markets," said Kim Wook Kim and Jong Ik Kang, CEOs of Dexter Studio. "We will strive to develop media-based hardware and content collaboration in various fields to not only lay the foundation for the virtual production industry, but also to showcase innovative results such as utilizing the metaverse."
Meanwhile, Dexter Studio is also accelerating its efforts to build an industry network to strengthen the competitiveness of virtual production studios and develop advanced technologies. In July, Dexter Studio signed a business agreement with EMTEC, the No. 1 PC graphics card manufacturer in Korea, and strengthened its cohesion by signing a four-way business agreement for practical exchanges with top virtual production companies such as Vive Studios and Exon Studios.
