Correction Disclosure for DSAR-TD Development Contract - MBRSC (UAE) Revealed and Contract Completed
- Disclosure hold lifted upon contract completion: counterparty revealed as MBRSC (UAE)
- Contract: DSAR-TD development, total amount KRW 12,412,800,000 (USD 9.6M at rate 1,293.0/$ on 2022.6.20)
- Contract amount equals 16.9% of 2021 consolidated revenue (KRW 73.4B)
- Contract period: 2022.6.20 ~ 2026.5.20 (completed)
- Payment terms: 10% upfront, 85% milestone, 5% after orbit test, telegraphic transfer
- No relationship with counterparty; similar contracts performed in last 3 years
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KOSDAQ Filing Information
- Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
- Company: SatrecInitiativeCo (099320)
- Submission: SatrecInitiativeCo.,Ltd.
- Receipt: 05-14-2026
- Under KRX KOSDAQ Market Division