The alliance strengthens international innovation pipeline through smart city collaboration and real-world technology deployment
PEACHTREE CORNERS, Ga., July 1, 2025 -- Peachtree Corners – one of the nation's first smart cities powered by real-world connected infrastructure and 5G – today announced a new partnership with Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups. The partnership will focus on exploring and advancing smart city systems through research, development, demonstration and deployment of next-generation use cases.
The agreement formalizes a long-standing relationship between Peachtree Corners, Curiosity Lab and MUFG, establishing a collaborative framework to support innovative solutions in transportation and smart city technology while fueling economic development in the city. MUFG's global reach and regional office in Atlanta position the group to identify and connect clients with a need for real-world testing and smart infrastructure access, further enhancing Curiosity Lab's ability to serve as a launch pad for U.S. and international innovation.
"Through this partnership, we are creating more than a bridge between sectors. We are continuing to build a launchpad for global smart city innovation and further supply innovators with a real-world testing environment to continue the validation and success of new emerging technology," said Brian Johnson, City Manager of Peachtree Corners. "MUFG has already helped bring promising companies from around the world to our city, and this formal partnership will allow us to work even more closely to ensure that cutting-edge technologies are successfully tested, refined and deployed for the public good."
The partnership will provide MUFG with access to a collaborative Innovation Center that is expanding to 50,000 square feet, adding 25,000 square feet of new innovation space to the existing facility. The Center offers a full 5G-powered testing environment, including a three-mile autonomous vehicle test lane, Town Center, and major regional artery SR141. Peachtree Corners offers access to city infrastructure with no intellectual property or equity requirements, and a NIST 171 certified ecosystem for the highest level of cyber security for unclassified data. Moreover, as a partner, MUFG will have the ability to work closely and interact with Curiosity Lab's incubator program as well as global startups and established companies to further aid in developing cutting-edge technology.
By formalizing their partnership, MUFG and Peachtree Corners are reinforcing their shared commitment to fostering long-term innovation while maximizing public benefit through the development of safe, efficient, and interconnected smart city systems. MUFG's role within the Japan External Trade Organization (JETRO) and continued engagement with startups and corporate clients on both sides of the Pacific makes the group an ideal partner in growing Peachtree Corners' influence as an international proving ground for urban technologies.
"This agreement enables MUFG to better support our clients by offering them unique opportunities for real-world engagement and innovation in the smart city space," said Yutaka Fujishiro, Head of Japanese Corporate Banking for MUFG. "We're proud to expand our collaboration with Curiosity Lab and the City of Peachtree Corners to help bring forward the future of connected urban development."
A ceremony to announce the partnership was held at Peachtree Corners' City Hall on Tuesday (July 1).
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