AUTOCRYPT Successfully Lists on KOSDAQ, Strengthening Global Position
AUTOCRYPT's Landmark KOSDAQ Listing
On July 15, 2025, AUTOCRYPT, a prominent name in automotive software and cybersecurity, made a significant leap by officially listing on the KOSDAQ market of the Korean Exchange (KRX). This listing is anticipated to elevate AUTOCRYPT's global presence and securing essential growth capital, alongside fostering trust among industry leaders worldwide.
Rapid Growth Since Founded
Founded in 2019, AUTOCRYPT has swiftly broadened its global reach, forming partnerships with 21 leading automotive Original Equipment Manufacturers (OEMs). The company specializes in delivering comprehensive security solutions for both in-vehicle and external communications. In alignment with the Cyber Resilience Act (CRA)— which mandates cybersecurity for all digitally connected products—AUTOCRYPT is also branching into other spheres such as agricultural machinery, construction equipment, and robotics.
Impressive Investor Interest
The initial public offering (IPO) witnessed an overwhelming response, with retail investors pledging a staggering KRW 5.41 trillion, roughly equivalent to USD 3.9 billion, in margin deposits. Additionally, 2,403 institutions participated in the demand forecasting, resulting in an astonishing oversubscription ratio of 995 to 1. The final offering price was set at KRW 22,000 (USD 16), hitting the upper limit of the initial pricing range.
Voices from the Top
Seokwoo Lee, the Founder and CEO of AUTOCRYPT, expressed gratitude for the robust investor enthusiasm. He commented, "The market's response reflects confidence in our proprietary technology and long-term vision. We will continue to invest in research and development while deepening collaboration with global partners." Lee further emphasized the need for enhanced cybersecurity protocols as the demand for software-defined vehicles (SDVs) continues to grow.
Expansion Plans
Looking ahead to the second half of 2025, AUTOCRYPT aims to augment its global project pipeline and fortify its standing as a leader in automotive cybersecurity. This will be achieved through the execution of various international projects and strategic partnerships.
About AUTOCRYPT
AUTOCRYPT is at the forefront of automotive cybersecurity and smart mobility solutions. The company is dedicated to developing and integrating comprehensive security software and solutions designed for in-vehicle systems, vehicle-to-everything (V2X) communications, PlugCharge functionality, and fleet management. This development aligns with the goal of establishing a secure and trustworthy Cooperative Intelligent Transport Systems (C-ITS) ecosystem in an era increasingly defined by software-driven vehicles. AUTOCRYPT’s extensive suite of automotive cybersecurity testing services includes the award-winning AutoCrypt CSTP, which assists automotive OEMs and suppliers in complying with regulatory standards like ISO/SAE 21434 and UNECE WP.29 UN R155.
As AUTOCRYPT embarks on this promising new chapter, stakeholders can look forward to significant advancements in automotive cybersecurity solutions that are crucial for the future of connected mobility.