[Click eStock] "IntellianTech, Flat Panel Antenna for Low Earth Orbit Satellites ↑"

Hi Investment & Securities forecasted on the 29th that Intellian Technologies will benefit as the low Earth orbit (LEO) satellite communication market begins to grow in earnest.

Researcher Lee Sang-heon of Hi Investment & Securities explained, "In the global LEO satellite communication market, flat panel antennas can provide services of up to several hundred Mbps anytime and anywhere at an affordable price and small size, covering all areas worldwide where mobile and wired communications do not reach." He added, "We expect explosive demand growth," and "Above all, these antennas can be used not only for mobility such as autonomous vehicles, construction equipment, agricultural machinery, disaster response, railways, airplanes, and ships, but also for mobile backhaul, enterprise customers, general users, and household customers."

The researcher analyzed, "As their utility increases across various fields, the market for flat panel antennas for LEO satellites will grow rapidly," and "Intellian Technologies has completed the development of flat panel antennas for LEO satellites." He also stated, "From May this year, mass production preparations have been underway, and production will be in full swing," emphasizing, "Above all, with the global service area expansion of U-Telsat-Wanweb in the second half of this year, the volume of flat panel antennas for LEO satellites from Intellian Technologies will increase significantly."

He explained, "Not only U-Telsat-Wanweb but also the diversification of sales channels is expected to accelerate the sales growth of flat panel antennas for LEO satellites," and "Sales of flat panel antennas for LEO satellites will lead the overall sales increase this year."

He analyzed, "Operating R&D expenses have increased due to the development of new product lines such as flat panel antennas for LEO satellites," and "The increase in sales of flat panel antennas for LEO satellites will establish a foundation to improve profitability."

He predicted, "With the full-scale growth of the LEO satellite communication market accelerating the growth of the flat panel antenna market for LEO satellites, the increase in sales of flat panel antennas for LEO satellites this year will make not only growth but also a performance turnaround visible."