[Click eStock] "IntellianTech, Explosive Growth in Sales of Phased Array Antennas for OneWeb"
![[Click eStock] "IntellianTech, Explosive Growth in Sales of Phased Array Antennas for OneWeb"](http://www.asiae.co.kr/news/img_view.htm?img=2024072208165359129_1721603814.jpg)
Shinhan Investment Corp. analyzed on the 25th that Intellian Technologies is at the beginning of a volume expansion.
Myung Ji-woon, a researcher at Shinhan Investment Corp., stated in a report on the same day, "Initial shipments of flat panel antennas and gateway antennas for the second quarter have begun," and added, "When the major client Oneweb launches global satellite communication services, explosive growth in flat panel antenna sales is expected, providing an opportunity for the previously suppressed stock price to rebound."
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Researcher Myung forecasted, "Second-quarter sales will reach 71 billion KRW and operating profit 4 billion KRW, exceeding market operating profit estimates," and explained, "The second-quarter performance means that low-earth orbit satellite flat panel antennas and gateway antennas will contribute as new revenue sources, and the volume increase depends on how successfully Oneweb expands its global services."
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