[Featured Stock] Innosimulation Up 4%... "1.8 Billion Supply Contract with Hanwha Systems"

Innosimulation, which signed a system development contract for the mine warfare combat system with Hanwha Systems, is experiencing a rise in its stock price.

At 9:15 a.m. on the 27th, Innosimulation was traded at 4,825 won, up 190 won (4.10%) from the previous trading day.

On the same day, Innosimulation announced, "We have signed a system development contract for the mine warfare combat system with Hanwha Systems." The contract amount is 1.764 billion won, which corresponds to 9.1% of recent sales.

Founded in 2000, Innosimulation is engaged in smart mobility simulators, extended reality (XR) virtual training, XR devices, and XR immersive content businesses. With the increasing demand for autonomous driving and defense unmanned systems, growth in XR simulators is expected to continue. Last month, Innosimulation also won a contract for weapon system operation training development from Hanwha Aerospace and stated that it plans to provide virtual training equipment that faithfully replicates the actual weapon system functions.