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Contec aims to operate twelve radio-frequency ground stations in 10 locations around the world by the end of the year.
Contec raised 61 billion won in a Series C funding round on 2022-06-10.
Contec plans to launch the synthetic-aperture radar satellite in the third or fourth quarter of 2023 and then develop and launch one more SAR satellite.
Contec’s first optical ground station will be operational in Australia by November 2023 under a signed contract.
Including 13.6 billion won from two previous funding rounds, Contec has raised 74.6 billion won since its founding in 2015.
Contec will build three additional radio-frequency ground stations in 2023 in Portugal, Mexico, and Southeast Asia to operate 15 ground stations by the end of 2023.
Contec will operate three optical ground stations by 2024.
Contec plans to build two additional optical ground stations in 2024, one in the Middle East and one in the United States with candidate U.S. locations including Texas, Colorado, or New Mexico.
Contec contracted in 2021 with U.S. smallsat mission integrator NanoAvionics for a 16-unit cubesat bus that will carry a Contec laser communications terminal and a 1.5-meter-resolution imager supplied by Simera Sense.
Contec will sign a contract with a European satellite maker to jointly develop a synthetic-aperture radar satellite capable of producing 50-centimeter-resolution imagery.
Contec signed a contract with NanoAvionics for an Earth observation satellite that will launch in the second half of 2023 aboard a SpaceX Falcon 9 rocket.
Contec raised about 13.6 billion won in its two previous funding rounds.
Contec has 10 ground stations under construction: one in Busan, South Korea and nine overseas locations in Ireland, Alaska, Sweden, Finland, Oman, South Africa, Malaysia, Australia, and Latin America.
Contec was established in 2015 as a spin-off from the Korea Aerospace Research Institute.
Contec was established in January 2015 as a spin-off from the Korea Aerospace Research Institute (KARI).
Contec will use its existing ground station in Jeju, South Korea and plans to build 12 additional ground stations by 2022 in Alaska, Sweden, Ireland, and other countries.
Contec provides ground station services and will collaborate with NanoAvionics to extend NanoAvionics’ global transmission cadence for mission operations.
The contract between NanoAvionics and Contec establishes a two-way collaboration in which Contec will provide ground station services and NanoAvionics intends to use those services for future mission operations to extend its global transmission cadence.
The launch of the Earth observation nanosatellite supplied under the NanoAvionics–Contec contract is planned for the first half of 2023.
Contec will use its existing ground station in Jeju, South Korea, and will build a further 12 stations by 2022 in Alaska, Sweden, Ireland, and other countries.