Setrec Eye Develops 83.5 Billion KRW-Scale Micro-Satellite Swarm System
[Asia Economy Reporter Geum Bo-ryeong] Satrec Initiative announced on the 28th that it has signed a development and supply contract worth 83.5 billion KRW with the Korea Advanced Institute of Science and Technology (KAIST) for the system, main body, and payload of a microsatellite swarm system.
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The contract amount is 118.89% of the consolidated sales of the previous year. The contract period is until December 31, 2027.
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