Sensstone wins 3 billion won Scale-up TIPS funding for OT security hub
The 2026 Scale-up TIPS selection, run by the Ministry of SMEs and Startups and TIPA, will fund expansion of the OTAC TAG gateway through August 2029.
Sensstone has been selected for the 2026 Scale-up TIPS specialized second round, a program run by the Ministry of SMEs and Startups and TIPA. The selection gives the OT security company 3 billion won in government R&D funding, according to datanet.co.kr.
The company plans to expand OTAC TAG, its OT authentication security gateway, into a hub that covers post-authentication session and privilege control.
Development results are to be commercialized in stages by August 2029, the end of the project period.
Background
The funding comes as operational technology security draws more attention. The FBI confirmed cyberattacks targeting water treatment facilities in 12 US states, and in the UK an attack attributed to Iran-linked hackers halted a gas power plant for four days. Sensstone has verified its OT authentication and access control system through a performance-sharing project with K-water, and its technology was applied to a 24-hour uninterrupted production line of a global battery manufacturer. EU regulations NIS2 and the Cyber Resilience Act are also tightening global cybersecurity requirements.
Quick answers
How much funding did Sensstone receive?
Sensstone secured 3 billion won in government R&D funding through the 2026 Scale-up TIPS specialized second round.
What will Sensstone do with the funding?
It will expand OTAC TAG, its OT authentication security gateway, into a hub covering post-authentication session and privilege control, with results commercialized in stages by August 2029.
Who runs the Scale-up TIPS program?
The program is run by the Ministry of SMEs and Startups and TIPA.