On Mar. 11, the Max Planck POSTECH/Korea (MPK), directed by Professor Jae-hoon Park (PHYS), and the Max-Planck-Institut für Eisenforschung GmbH (MPIE), directed by Gerhard Dehm, signed an MOU (Memorandum of Understanding) at POSCO International Center at POSTECH. MPIE was established in 1917 and is a legally autonomous research institute that conducts basic research on advanced materials, specifically steels and related metallic alloys. The Max Planck Society of Germany and POSTECH founded two Max Planck Centers at POSTECH in 2010: the Max Plank-POSTECH Center for Attosecond Science and the Max Plank-POSTECH Center for Complex Phase Materials. In the signing ceremony, MPK and MPIE agreed to engage in scientific exchange, collaborative research, and fostering new researchers. Korea’s third MPK is about to begin, focusing on the leading research of new functional nanomaterials. After the ceremony, there was a seminar by MPIE’s Chief Executive Gerhard Dehme, during which he introduced recent research trends in the fields of new materials, ion beam milling, and lithography.