Satrec Initiative
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
SatrecInitiativeCo designs and supplies small satellites, spacecraft used for Earth observation and related remote-sensing tasks, along with the ground systems and software needed to operate them.
Its customers are broadly government agencies and institutional buyers that need satellite-based imaging and data capabilities. The company is listed on KOSDAQ, South Korea's technology and small-cap stock exchange, and its filing covers both the parent entity and consolidated subsidiaries.
Summary is AI-generated and may contain errors · figures from DART filings
Satrec Initiative in five facts
What does Satrec Initiative do?
SatrecInitiativeCo designs and supplies small satellites, spacecraft used for Earth observation and related remote-sensing tasks, along with the ground systems and software needed to operate them.
Where is Satrec Initiative listed and in which sector?
Satrec Initiative (Korean name: 쎄트렉아이) trades under KRX code 099320 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Aerospace & Defense.
How large is Satrec Initiative?
Its market capitalisation was US$462M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Satrec Initiative's latest annual revenue and operating profit?
For fiscal year 2025, Satrec Initiative reported revenue of US$156.2M, operating profit of US$7.7M and net income of US$10.6M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was up 20.8% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Results of extraordinary shareholders' meetingOct 12
- Notice of general shareholders' meetingSep 21
- Investor relations (IR) meetingSep 11
- Operating results (consolidated) (preliminary) (fair disclosure)
Satrec Initiative filed provisional (unaudited) consolidated results for Q2 2026: revenue of US$35.5M (+15% year on year), operating profit of US$948K (−32.5% year on year) and a net loss of US$149K (from a profit a year earlier).
Earnings · Jul 29 - Supply contract signed
Satrec Initiative Co., Ltd. signed a space exploration-related supply contract with the Korea Advanced Institute of Science and Technology on July 23, 2026, running through December 31, 2033; the contract amount, which exceeds 10% of the company's 2025 consolidated revenue of US$140M, is withheld from disclosure at the customer's request until December 31, 2033.
Supply contract · Jul 24 - [Amended] Supply contract signed
Satrec Initiative updated a previously disclosed supply contract, now worth US$46.7M, about 76.67% of its recent annual revenue, running through May 2028.
Supply contract · May 21 - [Amended] Supply contract signed
Satrec Initiative updated a previously disclosed supply contract with MBRSC, now worth US$8.31M, about 16.9% of its recent annual revenue, running through May 2026.
Supply contract · May 14 - Operating results (consolidated) (preliminary) (fair disclosure)
Satrec Initiative filed provisional (unaudited) consolidated results for Q1 2026: revenue of US$25M (−7.1% year on year), an operating loss of US$1.35M (from a profit a year earlier) and a net loss of US$1.34M (from a profit a year earlier).
Earnings · Apr 29 - [Amended] Supply contract signed
Satrec Initiative updated a previously disclosed supply contract with Agency for Defense Development (ADD), now worth US$58.2M, about 188.08% of its recent annual revenue, running through Jun 2027.
Supply contract · Mar 20 - Trading suspensionSupply contract · Feb 12
- Supply contract signed
Satrec Initiative disclosed a supply contract with an individual, worth US$196M, about 165.26% of its recent annual revenue, running through Feb 2035.
Supply contract · Feb 12 - Cash/in-kind dividend decision
Satrec Initiative declared a cash dividend of US$0.07 per share.
Dividend · Feb 5 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Satrec Initiative reported consolidated results for FY2025: revenue of US$143M (+20.8% year on year), operating profit of US$7.04M (from a loss a year earlier) and net income of US$9.74M (+125.4% year on year).
Earnings · Feb 4 - Operating results (consolidated) (preliminary) (fair disclosure)
Satrec Initiative filed provisional (unaudited) consolidated results for Q4 2025: revenue of US$49.7M (+48.6% year on year), operating profit of US$2.73M (+228.3% year on year) and net income of US$5.24M (+48.1% year on year).
Earnings · Feb 4