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Satrec Initiative information


Satrec Initiative Co., Ltd.
Native name
주식회사 쎄트렉아이
Company typePublic
Traded as
KRX: 099320
Industry
  • Aerospace
  • Defense
Founded29 December 1999; 24 years ago (1999-12-29)[1]
Founder
  • Choi Soon-dal
  • Park Seong-dong
  • Kim Byeong-jin
Headquarters
21, Yuseong-daero 1628beon-gil, Yuseong-gu, Daejeon
,
South Korea
Area served
Worldwide
Key people
  • Kim I-eul (CEO)
Products
  • Satellites
  • Secure satellite Imaging systems
  • Mobile ground receiving processing systems
  • UAV ground control systems
RevenueIncrease ₩91.4 billion[2] (2022)
Operating income
Decrease−77 billion[2] (2022)
Net income
Decrease−28 billion[2] (2022)
Total assetsIncrease ₩258.8 billion[2] (2022)
Total equityIncrease ₩121.2 billion[2] (2022)
Owner
  • Hanwha Aerospace (36.31%)[2]
  • Park Seong-dong (10.45%)[2]
  • Employee stock ownership (1.83%)[2]
  • Other (0.12%)[2]
Number of employees
383[1] (2024)
WebsiteOfficial website in English
Official website in Korean
Satrec Initiative
Hangul
쎄트렉아이
Revised RomanizationSseteurek Ai
McCune–ReischauerSset'ŭrek Ai

Satrec Initiative Co., Ltd. (Satrec I; Korean: 쎄트렉아이; RR: Sseteurek Ai) or SI is a South Korean satellite manufacturing company headquartered in Daejeon, South Korea[3] The company was founded in 1999 by the engineers who developed the first Korean satellite (KITSAT-1) at KAIST SaTRec (Satellite Technology Research Center). The company designs and builds Earth observation satellites called SpaceEye-series, and it provides various space components, including high resolution electro-optical payloads and star-trackers. SI's first satellite was a Malaysian Earth observation satellite, RazakSAT launched in 2009. SI has two subsidiaries: SI Imaging Services (SIIS) is the exclusive image data provider of KOMPSAT-series, and SI Analytics (SIA) provides AI-native GEOINT solutions for satellite imagery. SI also spun-off SI Detection (SID), which provides radiation monitoring solutions.[buzzword]

  1. ^ a b "(주)쎄트렉아이". Saramin. 22 January 2024. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
  2. ^ a b c d e f g h i "SI 099320". FnGuide. December 2022. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
  3. ^ "Satrec Initiative Co., Ltd". LinkedIn. February 2006. Retrieved 18 July 2018.

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Satrec Initiative

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