All verified mentions of this organization in source documents.
Satrec Initiative was founded in 1999 by engineers who developed the first Korean satellite.
On 2021-01-14, Hanwha Aerospace planned to invest approximately $100,000,000 to purchase 30% of the shares of satellite manufacturer Satrec Initiative.
Satrec Initiative will expand its business to respond to growing domestic and international demand for synthetic aperture radar, infrared, and optical satellite systems.
Once the deal is completed, Satrec Initiative will be managed independently while having access to Hanwha Aerospace’s radar and infrared technologies.
Once the deal is completed, Satrec Initiative will be managed independently but will have access to Hanwha Aerospace’s radar and infrared technologies.
Satrec Initiative will expand its business to respond to growing domestic and international demand for synthetic aperture radar and infrared satellite systems as well as optical satellite systems.
Satrec Initiative was founded in 1999 by engineers who developed the first Korean satellite.
Hanwha Aerospace plans to invest approximately $100,000,000 to purchase 30% of the shares of satellite manufacturer Satrec Initiative, with the plan disclosed on 2021-01-14.
Loft Orbital established a partner network in 2018 that includes satellite manufacturers LeoStella, Maxar Technologies, OHB/LuxSpace, Satrec Initiative, and Blue Canyon Technologies, along with partners in launch, ground communications, and analytics.