Nara Space Technology, a startup specializing in small satellites, has successfully passed the technical evaluation required for a KOSDAQ listing under the technology exception rule. The evaluation assesses a company’s technological innovation, business viability, and growth potential, requiring an A or BBB grade from two designated evaluation agencies. Nara Space aims to list on KOSDAQ in the second half of this year and is currently working with Samsung Securities as its lead manager. The company provides services ranging from manufacturing small satellites to analyzing satellite images and supports key missions for domestic space agencies. It launched South Korea’s first commercial small Earth observation satellite, “Observer 1A,” in November 2023. Nara Space offers customized image analysis and disaster monitoring services using small satellites.

* Article source : https://www.yna.co.kr/view/AKR20250331030100017