Kenkorea Aerospace is showing strong performance. It appears that the election of former President Donald Trump in the U.S. presidential election has had an impact.
As of 10:33 AM on the 7th, Kenkorea Aerospace was trading at 10,180 KRW, up 1,230 KRW (13.74%) compared to the previous trading day.
Meritz Securities predicted that former Republican President Donald Trump, who won the U.S. presidential election, will actively pursue space commercialization. Researcher Jeong Jisoo of Meritz Securities explained, "During his term from 2017 to 2021, former President Trump revived the National Space Council and announced six ‘Space Policy Directives.’"
He added, "The Artemis mission by NASA, which involves a budget of about 40 trillion KRW, began following the signing of ‘Space Policy Directive 1’ by former President Trump in December 2017. Artemis Mission II, which was postponed once from November 2024 to September 2025, is expected to gain momentum due to Trump’s election."
Researcher Jeong analyzed, "Former President Trump is likely to show favor with policies friendly to Elon Musk, who officially supported and endorsed him during the election campaign. There is a possibility that subsidies or budget allocations for Starlink users will become a reality."
Kenkorea Aerospace supplies special elemental materials to SpaceX through its subsidiary, California Metal. Established in 2013, Kenkorea Aerospace is a specialized company in aircraft parts and complete manufacturing and services. It holds military references such as for civil aircraft, Surion, and KT-100, and is registered as an official vendor for global companies including Lockheed Martin, Boeing, and Airbus, proving its competitiveness.
Researcher Lee Seunghwan of Research Al-eum recently emphasized about 'Kenkorea Aerospace,' "Its major clients include NASA and SpaceX, key U.S. launch service providers. Space-related products based on special materials are expected to benefit from the expansion of the U.S. launch vehicle service market, and given their high added value, they are also expected to contribute significantly to profits."
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