Local Startup Develops Virtual Inspection System for Ships and Offshore Structures Posted on The new system uses VR technology to create a virtual site that shows the pre-construction process starting from the stage of design. (image: Busan IT Industry Promotion Agency) SEOUL, Dec. 24 (Korea Bizwire) — TOADS, a local tech startup that participated in the region’s software service commercialization support project, received a Ministerial Award in the competition hosted by the Ministry of Science and ICT, the Busan IT Industry Promotion Agency said Wednesday. The company has developed and is preparing to commercialize a virtual reality (VR)-based ship and offshore structure pre-construction inspection system TOADS Marine that operates on a remote and multilateral basis.