Satrec Initiative

operating 201–500 employees Public Company

Designs and manufactures Earth observation satellites, electro-optical payloads, and ground systems for end-to-end GEOINT solutions

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About

Satrec Initiative is a South Korean satellite manufacturer headquartered in Daejeon, founded in 1999 by engineers who developed the country's first satellite, KITSAT-1. The company designs, builds, and operates Earth observation satellites, developing all key subsystems in-house including electro-optical payloads, star trackers, sun sensors, and Hall-effect electric propulsion. Its SpaceEye series ranges from the 100 kg-class SpaceEye-W to the SpaceEye-T with 30 cm optical resolution. Satrec Initiative has delivered systems to customers in Malaysia, the UAE, Turkey, Singapore, and Spain. The company trades on KOSDAQ and is 36% owned by Hanwha Aerospace, with subsidiaries covering imagery distribution, AI-powered geospatial analytics, and radiation monitoring.

Products & Services

Hall-Effect Electric Propulsion System

Electric propulsion system with power processing units and Hall-effect thrusters, flight-proven on DubaiSat-2 and Deimos-2

SpaceEye-1

Sub-1 m resolution Earth observation satellite platform, successor to the SI-300 bus used in DubaiSat-2 and Deimos-2

SpaceEye-T

700 kg-class Earth observation satellite platform with 30 cm optical resolution and 12 km swath width, basis for planned commercial constellation

SpaceEye-W

100 kg-class mini-satellite platform supporting Earth observation, science, and telecommunications missions

SpaceEye-X

High-performance satellite bus designed for very high resolution optical payloads under 0.5 m, adaptable for SAR missions

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