Satrec Initiative Co., Ltd.
KKRX:09932052,800.00
KRW
-1,900.00
(-3.47%)
ISIN
KR7099320004
Return %
Stock
S&P 500
1Y
-10.66
14.39
3Y
95.19
81.42
5Y
5.18
68.62
Capital Structure
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•
in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
•
in mil. unless spec.Quarterly Revenue
KRW
•
in mil. unless spec.Quarterly Earnings Per Share
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
•
in mil. unless spec.Company Description
- CEO
- Ee-Eul Kim
- Full Time Employees
- 513
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Daejeon DE South Korea
- IPO Date
- Jun 13, 2008
- Website
- satreci.com
- Similar Companies
- Business
- Satrec Initiative Co., Ltd. is a South Korea–based aerospace company that designs, develops, manufactures, and supplies satellite systems and related components, ground segment solutions, and services for earth observation and space missions, including satellite platforms, electro-optical instruments, image processing applications, and Kompsat imagery sales, with a focus on turnkey space systems and spin-off products. The company operates globally with a presence in Europe, the Middle East, Asia-Pacific regions, and other markets, delivering end-to-end space solutions from satellite payloads and platform engineering to ground station operations and satellite data services; it also provides training, consultancy, and spin-off products related to earth observation and satellite operations. Satrec Initiative was founded in 1999 and has headquarters in Daejeon, South Korea, positioning itself as a leading exporter of satellite systems and related technologies in the domestic market and internationally. The company’s latest major changes include strategic partnerships and alliances to expand its international footprint, ongoing contracts and project awards for space systems and ground segment services, expansion of its subsidiary and international sales network, and a continued push into more capable and higher-resolution earth observation platforms, with efforts to recognize revenue from key programs such as SpaceEye-T and other European and global initiatives through 2024–2025. The core products and services are organized as follows: satellite platforms and bus design and manufacturing; payloads and electro-optical instruments; satellite integration and testing; ground segment solutions including ground stations, mission control, and data processing pipelines; image processing applications and analytics; Kompsat imagery sales and distribution; training, consultancy, and spin-off products; and related services such as satellite operations, mission support, and field engineering. The company emphasizes its role as an exporter of satellite systems, with business lines covering space system engineering, satellite manufacturing, ground segment software and services, and earth observation data distribution, serving governmental, institutional, and commercial customers across multiple regions. Founding year is 1999; headquarters are in Yuseong District, Daejeon, South Korea, and the company maintains subsidiaries and partnerships to support international sales and project execution, including collaborations with European and other international stakeholders to deliver comprehensive space solutions.