[Click e-Stock] "Intellian Technologies to Enter Full-Fledged Growth Phase in Second Half"

On July 16, NH Investment & Securities analyzed that Intellian Technologies is expected to enter a full-fledged growth phase with a turnaround in its second-quarter performance. The firm did not provide an investment opinion or a target price.

NH Investment & Securities projected that Intellian Technologies would record sales of 72 billion KRW and operating profit of 1 billion KRW in the second quarter. This represents a 66.1% increase and a turnaround to profitability compared to the previous quarter, respectively.

Shim Eui Seop, a researcher at NH Investment & Securities, stated, "In addition to the peak season effect in the maritime antenna business, sales to OneWeb are expected to recover," and added, "With increased sales to Company A, a turnaround to profitability is anticipated for the first time in three quarters."

He continued, "With the full-scale launch of the OneWeb business, orders for flat panel antennas are also expected to increase," and emphasized, "As orders for gateway antennas for Company A for next year are expected to be announced during the third quarter, the long-awaited business expansion is not far off."

He further projected that as OneWeb's presence expands, the benefits to Intellian Technologies will also grow.

He explained, "Due to ongoing issues such as military aid disputes in Ukraine and tariff conflicts, countries have been increasingly wary of their reliance on Starlink services since March," and added, "As OneWeb emerges as an alternative, the adoption of its services is expanding."

He also emphasized, "It is estimated that the inventory of flat panel antenna products supplied by Intellian Technologies to OneWeb last year is gradually being depleted," and added, "Intellian Technologies is also expanding production to respond to additional orders."

This content was produced with the assistance of AI translation services.