Speer Achieves 95.6 Billion KRW in Aerospace Sales: "Quantum Leap Expected This Year"

Speer announced on the 28th that it achieved annual sales of 95.6 billion KRW last year. With this, Speer has officially marked the emergence of a global aerospace supply chain management (SCM) company based on the domestic special alloy manufacturing industry.

Speer stated that these results are the first case in which a stable global supply chain management system, centered on Korean special alloy manufacturers, has been proven by actual performance. Speer has comprehensively managed the entire supply chain, from raw material procurement and special alloy processing to quality control and global delivery response, directly linking the competitiveness of Korean manufacturing to the global aerospace market.

In particular, as long-term transactions with global aerospace clients, including a major U.S. space launch company, have begun to generate substantial revenue, Speer has established itself not as a company focused on single products or short-term projects, but as a supply chain management firm generating recurring and predictable sales.

In the aerospace industry, competitiveness is no longer limited to individual processes or single technologies. Securing stable raw materials, ensuring consistent quality, and responding to global delivery timelines are now decisive factors for success in the industry.

Speer has proactively responded to these changes by systematically building supply chain management capabilities required by the global aerospace industry, in partnership with leading special alloy manufacturers in Korea. As a result, the company has realized a Korean-style aerospace SCM model that maintains a domestic manufacturing base while meeting global clients’ production schedules and quality standards.

Throughout last year, Speer strategically established a business foundation for mid- to long-term growth. In August, the company became the first in the world to sign a 10-year long-term supply contract with a major U.S. space launch company, moving beyond short-term transactions to a strategic partnership. In December, Speer secured a stake in a nickel smelter in Indonesia, completing a supply chain structure that covers everything from securing key raw materials to production for fulfilling long-term contracts.

Additionally, Speer strengthened its aerospace division by recruiting a CTO with a background at PCC and a global supply chain expert from SpaceX. This strategic move aims to enhance execution capabilities in response to rapidly increasing global demand, and to further develop the ability to meet client-specific quality requirements, manage projects, and establish procurement systems aligned with long-term production schedules.

Speer has defined this year as a "year of quantum leap." The company emphasized that preparations for this leap have already been completed, and that this year will see these results accelerate. Building on a stable revenue structure based on long-term contracts, the integration of supply chain strategies and the expansion of global partnerships are expected to drive both quantitative growth and qualitative advancement in Speer’s aerospace business.

A Speer representative stated, "Achieving annual sales of 95.6 billion KRW demonstrates that Speer has already secured global aerospace supply chain management capabilities centered on Korea’s special alloy manufacturing industry. Starting this year, as a company representing the supply chain of Korea’s aerospace special alloy industry, we will further elevate the status of Korean manufacturing in the global market and emerge as a key player transforming the structure of the global aerospace materials market."