EVERSTEEL Selected for NEDO's SBIR Program Phase 2
EVERSTEEL will receive up to 100 million yen to advance its AI-powered scrap steel inspection technology under NEDO's SBIR program.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 19:10
- 🔍 Collected: April 15, 2026 at 10:31
- 🤖 AI Analyzed: April 15, 2026 at 16:53 (6h 21m after Collected)
EVERSTEEL Inc., a University of Tokyo startup, has been selected for Phase 2 of NEDO's 2025 'SBIR Promotion Program.' With a grant of up to 100 million yen, the company aims to develop a robust imaging system and AI models to automate the detection and quantification of impurities in scrap steel by December 2027. This technology addresses the critical need for decarbonization in the steel industry by enhancing the quality and efficiency of the electric arc furnace method, which reduces CO2 emissions by 70% compared to traditional methods.
FAQ
What is the benefit of 'Iron-Navi Inspection AI'?
It automates scrap steel quality assessment and impurity detection, which previously relied on manual inspection, ensuring consistent quality and efficiency.