Agencore
Founded 2017 Β· 6 employees on LinkedIn Β· 4 known investors
Agencore works on tritium solutions and related technologies spanning tritium, GTLS, and nuclear fusion. The company positions itself as a provider of tritium-focused solutions.
Also known as Agencore Co., Ltd. Β· AGENCORE Corp. Β· μμ΄μ μ½μ΄
Investors Β· 4
Also in the syndicate Β· 3
Valuation Β· disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed β follow each entry's link for the claim.
Company profile
researched Aug 2026AGENCORE (μμ΄μ μ½μ΄; Agencore Co., Ltd. / AGENCORE Corp.) is a South Korean company specializing in tritium sales and the manufacture of gaseous tritium light source (GTLS) tubes. Its website positions the company at the center of a tritium technology ecosystem, spanning tritium supply, GTLS manufacturing, defense-industry applications and fusion energy, on the basis of licensing, accumulated technology and qualified facilities.
The business is organized around two markets. In fusion, the company supplies tritium and related materials and provides components for the tritium storage and delivery system (SDS) of the ITER project, with stated plans to extend its supply chain to commercial fusion power plants; a related brand supplies helium-3 raw materials and tritium to fusion, research and biomedical fields. In defense and safety, it makes self-luminous GTLS products that require no external power, including night sights for personal firearms, self-propelled artillery and gun sights, aircraft signs, safety signs (GUIDRAY Safety Sign), luminous watches (GUIDRAY Luminous Watch) and map readers, and it operates a military combat training systems business.
Business model
AGENCORE manufactures and distributes tritium and tritium-based products, selling tritium gas and helium-3 raw materials to fusion, research and biomedical customers, GTLS tubes and finished self-luminous products to defense and commercial safety buyers, and combat training systems to military customers.
Revenue derives from sales of tritium and helium-3 raw materials, GTLS tubes and finished self-luminous products, defense training systems, and component supply to fusion projects.
Traction
The company supplies components for the ITER tritium storage and delivery system, operates a defense training systems business acquired in 2022, and raised KRW 6 billion in July 2026 at a KRW 50 billion post-money valuation, with the round targeted to close at KRW 10 billion and proceeds earmarked for production capacity expansion and operating costs.
Latest developments
In July 2026 AGENCORE announced a KRW 6 billion (about $4.1M) round in convertible preferred shares from Enlight Ventures, ViNe Ventures and Korea Asset Investment Securities at a KRW 50 billion post-money valuation, said it expects further investors before closing the round at KRW 10 billion, and set a target of listing by the end of 2027.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Press coverage describes AGENCORE as holder of Korea's only license to handle and sell tritium and as the world's second commercial tritium supplier after Canada's Canadian Nuclear Laboratories (CNL), with investors positioning it as an early participant in the fusion fuel supply chain.
Its stated differentiators are exclusive Korean licensing for tritium handling and sale, technology licensed from Korea Hydro & Nuclear Power, and a dual-market model combining fusion fuel supply with defense GTLS and training systems.
Technology
Core technology covers tritium handling, storage and supply β including the storage and delivery system components supplied to ITER β and the manufacture of gaseous tritium light source tubes, sealed tubes in which tritium gas produces continuous self-illumination without an external power source, described as maintaining a constant light output over time compared with conventional luminous materials.
Go-to-market
The company sells directly to defense and industrial customers and through branded product lines including ASSISBEAM, GUIDRAY and TRITIUM, supported by product brochures and direct contact channels on its site, including chat with its CEO and business director.
Defense and military buyers (night sights, artillery and gun sights, aircraft signs, combat training systems), fusion energy projects and operators such as ITER, and research, biomedical and commercial safety-product markets.
Geography
Headquartered in South Korea, with a self-luminous product production division in Gijang-gun, Busan, a combat training systems production division in Yeongtong-gu, Suwon, and an R&D center also in Yeongtong-gu, Suwon; one directory listing gives Daegu as the company location.
History
Preqin records the company as established in 2017 and based in Busan, South Korea. In 2022 it acquired the defense division of Korea Elecom, adding a military training systems business to its tritium and GTLS operations. Its tritium storage and supply technology was developed under a licensing agreement with Korea Hydro & Nuclear Power. In July 2026 it announced a KRW 6 billion venture round and stated a target of an IPO by the end of 2027.
Risks & controversies
The company's IPO target for the end of 2027 and its plan to close the round at KRW 10 billion were unrealized at the time of reporting, and no revenue or earnings figures were disclosed for fiscal years 2023 through 2025.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 5
launches, deals, and filingsAGENCORE built its tritium storage and supply technology through a licensing agreement with Korea Hydro & Nuclear Power (KHNP).
The company supplies components for the tritium storage and delivery system (SDS) at the ITER fusion project and plans to extend its supply chain from ITER to commercial fusion power plants.
AGENCORE is reported to hold the only license in Korea to handle and sell tritium, and is described as the world's second commercial tritium supplier after Canada's CNL.
Agencore Co., Ltd. announced KRW 6 billion (reported as $4.1M) in funding from new investors Enlight Ventures, ViNe Ventures and Korea Asset Investment Securities, issued as convertible preferred shares at a post-money valuation of KRW 50 billion (reported as $34.3M). The company said it plans to close the round at KRW 10 billion (about $6.85M) with additional backers, and to use proceeds to expand production capacity and cover operating costs.
$4.1M source β
Agencore acquired Korea Elecom's defense division and now operates a military training systems business alongside its GTLS products.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 8
primary sources listed
- Agencoreagencore.net Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Agencore do?
- South Korean supplier of tritium and gaseous tritium light sources for fusion fuel supply and defense applications.
- Who are Agencore's investors?
- Agencore's investors include Ascendo Ventures.