KONASOL CO. LTD

KONASOL CO. LTD

KKRX:176590
1,999.00
KRW
+136.00
(+7.30%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Full Time Employees
69
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Dangjin-si South Korea
IPO Date
Jun 15, 2022
Business
KONASOL CO., LTD. is a South Korea-based advanced materials and engineering company specializing in the development and manufacture of high-performance metal matrix composites, hot isostatic pressing (HIP) engineered components, nano-fusion solutions, and precision industrial wear parts. The company serves diverse global industries, including steel manufacturing, semiconductor fabrication, nuclear energy, defense, aerospace, and next-generation mobility. Its comprehensive product and service portfolio comprises industrial mill and machinery components, including proprietary Hi-MAX composite rolls, rolling mill rolls, guide rollers, pinch rolls, crusher rolls, and wear-resistant tooling produced with powder metallurgy high-speed steel, titanium carbide (Alloy-TiC), and cemented carbide alloys; nuclear energy materials, featuring aluminum boron carbide (Al-B4C) metal matrix composite neutron-absorbing plates and shielding structures utilized in spent nuclear fuel dry storage casks and pool storage racks; semiconductor processing materials and systems, including tantalum sputtering targets, electrostatic chucks, and specialized diffusion bonding assemblies; advanced materials and mobility solutions, including alloy powders for 3D printing, carbon nanotube (CNT) planar heating elements, low-power electric vehicle heating modules, particulate-matter-reducing aluminum composite brake discs, and nano-emulsion lubrication performance enhancers; and comprehensive engineering and toll manufacturing services, encompassing large-scale hot isostatic pressing (HIP) thermal-pressure processing, solid-state diffusion bonding, and computer-aided engineering (CAE) structural simulation. In recent corporate developments, KONASOL executed a strategic asset transfer and partnership with U.S.-based advanced materials firm Materion Corporation, selling select tantalum sputtering target manufacturing assets at its Dangjin facility while signing a strategic Letter of Intent (LOI) to pursue joint research and development in advanced semiconductor materials for artificial intelligence and high-performance computing applications. The company has also expanded its international nuclear supply chain presence through supply contracts with French nuclear corporation Orano (Orano TN) for nuclear-grade Al-B4C neutron-absorbing plates for dry cask storage systems. Furthermore, KONASOL completed a KRW 10 billion pre-IPO funding round led by the Korea Development Bank (KDB) and finalized strategic equity placements to expand production capacity following its corporate name change to KONASOL Co., Ltd. and listing on the KRX KONEX market under ticker 176590. Founded in 1990 and incorporated in 1997, KONASOL CO., LTD. is headquartered in Dangjin-si, Chungcheongnam-do, South Korea, and delivers engineered material solutions across domestic and overseas markets in Asia, Europe, and North America.