SEOUL, South Korea — Contec, a floor station providers supplier right here, has signed a contract with smallsat mission integrator NanoAvionics for an Earth statement satellite tv for pc that may launch within the second half of 2023 aboard a SpaceX Falcon 9 rocket.
Beneath the deal introduced Oct. 27, the U.S.-based NanoAvionics will present a modular 16U satellite tv for pc bus that may include Contec’s laser communication terminal (LCT) and an built-in imager with 1.5-meter decision, equipped by South Africa’s Simera Sense.
The deal marks the Korean startup’s effort to diversify its enterprise portfolio forward of its Sequence C funding spherical subsequent 12 months. Contec, established in 2015 as a spin-off from Korea Aerospace Analysis Institute, raised about 13.6 billion gained ($11.47 million) within the two earlier funding rounds. Its buyers embody South Korea’s main lenders comparable to Shinhan Monetary Group, Korea Improvement Financial institution, Industrial Financial institution of Korea and antenna maker Intellian Applied sciences.
Contec presently operates two floor stations in South Korea (Seoul and Jeju Island) with 10 others below development — one in South Korea’s port metropolis of Busan and 9 in abroad areas, every in Eire, Alaska, Sweden, Finland, Oman, South Africa, Malaysia, Australia and Latin America. The ten under-construction services will probably be totally operational no later than July 2022, making a globe-spanning community for environment friendly supply of satellite tv for pc information, in accordance with Contec.
“We are attempting to construct an end-to-end satellite tv for pc infrastructure the place we will present purchasers with floor station providers and satellite tv for pc imagery pre-processing, in addition to satellite tv for pc imagery functions,” Contec CEO Lee Sung-hee advised table4. “Whereas we have now technological capability to do the primary two issues [ground station services and satellite imagery pre-processing] on our personal, we have now needed to depend on outsourced satellite tv for pc pictures for software providers as a result of we have now no satellites in orbit. The cope with NanoAvionics was the very first step towards having our personal satellites in orbit. As soon as in orbit, the nanosatellite will allow us to provide custom-made satellite tv for pc imagery.”
Photographs collected by the satellite tv for pc will probably be used to detect adjustments of city, vegetation, coastal areas and unauthorized development, simply to call a number of, in accordance with the CEO. “Some native governments have already proven curiosity within the service,” he stated.
Lee stated Contec will purchase extra EO nanosatellites to strengthen its competitiveness in satellite tv for pc imagery functions.
“We’ll place an order for one more nanosatellite subsequent 12 months,” he stated. “We will select NanoAvionics once more, however there are different makers into consideration, together with home satellite tv for pc startup NARA Area Know-how.”
Lee stated his firm’s long-term mission is having a capability to provide satellites by itself. And NanoAvionics will play a key position in realizing it by sharing its satellite tv for pc manufacturing applied sciences with Contec, he stated.
“NanoAvionics is a win-win companion for us,” Lee stated. “Contec will learn to manufacture satellites from NanoAvionics. And in return, we’ll assist NanoAvionics discover enterprise alternatives right here. To that finish, it’s attainable [for the two companies] to determine a three way partnership right here.”