Nara Space Technology Selected as Preferred Negotiation Partner for Space Semiconductor and Ultra-Small Satellite Design Services

Nara Space Technology announced on January 20 that it has been selected as the preferred negotiation partner for the development and demonstration of a space semiconductor verification payload and the design service for an ultra-small satellite.

The client is the Electronics and Telecommunications Research Institute of Korea. The bid amount is 2,259.85 million won, which is equivalent to 52.57% of the company's recent sales. The delivery deadline is within March 31, 2027, from the contract date.