AP Satellite Signs Development Contract Worth 13.5 Billion Won
[Asia Economy Reporter Eunmo Koo] AP Satellite announced on the 30th that it has signed a contract worth 13.54 billion KRW with the Korea Aerospace Research Institute to develop the Instrument Data Handling Unit (IDHU) for the Multipurpose Practical Satellite 7A. The contract amount represents 29.7% of recent sales, and the contract period extends until June 30, 2025.
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