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South Korean Aerospace company
Satrec Initiative Co., Ltd.
Native name
주식회사 쎄트렉아이
Company type
Public
Traded as
KRX: 099320
Industry
Aerospace
Defense
Founded
29 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
Revenue
₩91.4billion[2] (2022)
Operating income
₩−77billion[2] (2022)
Net income
₩−28billion[2] (2022)
Total assets
₩258.8billion[2] (2022)
Total equity
₩121.2billion[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)
Website
Official website in English Official website in Korean
Satrec Initiative
Hangul
쎄트렉아이
Revised Romanization
Sseteurek Ai
McCune–Reischauer
Sset'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]
^ ab"(주)쎄트렉아이". Saramin. 22 January 2024. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
^ abcdefghi"SI 099320". FnGuide. December 2022. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
^"Satrec Initiative Co., Ltd". LinkedIn. February 2006. Retrieved 18 July 2018.
SatrecInitiative Co., Ltd. (Satrec I; Korean: 쎄트렉아이; RR: Sseteurek Ai) or SI is a South Korean satellite manufacturing company headquartered in Daejeon...
high-resolution Earth observation camera. Developed in conjunction with the SatrecInitiative, the satellite's low inclination (9 degrees) brought it over Malaysia...
agreement with SatrecInitiative, a satellite manufacturing company based in South Korea. It was designed and developed by SatrecInitiative, with participation...
government-sponsored technology transfer projects and indigenous defense capability initiatives. In the 1990s, South Korean industries provided about 70 percent of the...
developed as part of a technology transfer programme with South Korea's SatrecInitiative, resulting in an existing space sector investment of some $5.5 billion...
States purchased by Boeing RKK Energiya Russia produced Sputnik 1 SatrecInitiative Korea 5 SPAR Aerospace Canada 8 bought by MacDonald Dettwiler Sierra...
KAIST/SaTReC DubaiSat-2 21 Nov 2013 Hall effect thruster 1 Xenon MBRSC SatrecInitiative JAXA (Neutralizer) Satellite bus based on SatrecInitiative SI-300...
Retrieved 30 March 2024. Park, Si-soo (18 August 2021). "South Korea's SatrecInitiative to build constellation of high-resolution Earth observation satellites"...
Assisted SatrecInitiative Co., Ltd. (SatrecInitiative or SI) to market their products and services to United States customers through SatrecInitiative-US...
instruments, supplied by the South Korean space technology company SatrecInitiative, allowed for a spatial resolution of 7.5 m (25 ft) at panchromatic...
The Strategic Defense Initiative (SDI), nicknamed the Star Wars program, was a proposed missile defense system intended to protect the United States from...
and Space (France), ImageSat International (Israel), MDA (Canada), SatrecInitiative (Korea), e-GEOS (Italy), RESTEC (Japan), Deimos (Spain), etc., by offering...
March 23, 1983, President Ronald Reagan proposed the Strategic Defense Initiative, a research program with a goal of developing a defensive system which...
in Europe—through the Global Monitoring for Environment and Security initiative (GMES)—and around the world have put in place satellites dedicated to...
Space and Under Water (Partial Test Ban Treaty) (PTBT)". Nuclear Threat Initiative. 26 October 2011. Retrieved 31 July 2016. Seaborg 1981, p. 15. Seaborg...
related damage, the first stage was returned to the United Kingdom in an initiative led by Skyrora to preserve the artefact. It was displayed in Penicuik...
"Cambodia to buy Chinese satellite as relations tighten on Belt and Road Initiative". SpaceNews. Retrieved 30 May 2021. "Adriatic Aerospace Association" (in...
space-based military platforms as a response to the Strategic Defense Initiative. Buran only had orbital maneuvering engines, unlike the Space Shuttle...
the Academia de Ingeniería (English: Engineering Academy) made a new initiative of law for the Mexican Congress. To this proposal some comments were included...