SensorView Secures ETRI 6G Satellite Contract, Shares Rise 11%
SensorView has secured a contract with the Electronics and Telecommunications Research Institute (ETRI) for the development of a low-orbit satellite communication system as part of the 6G project. Following the announcement, the company's stock rose 11.60% to 3,270 Korean won, building on a previous surge. The project will involve the creation of a receiving multi-beam antenna subsystem, with applications in both civilian and military sectors.
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SensorView has secured a contract for the development of a low-orbit satellite communication system under the 6G project led by the Electronics and Telecommunications Research Institute (ETRI). On the 20th, SensorView's stock rose 11.60% to 3,270 Korean won, following a previous day's surge of 28.79%.
The company specializes in high-frequency RF and interconnect technologies and will develop a receiving multi-beam antenna subsystem for the project. ETRI oversees the initiative, which involves private companies in developing satellite bodies and ground systems. The technology developed will serve both civilian and military applications, with SensorView planning to expand into defense and space sectors.
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