Satrec Initiative

Satrec Initiative Co., Ltd.
Native name
주식회사 쎄트렉아이
TypePublic
KRX: 099320
Industry
Founded29 December 1999; 26 years ago (1999-12-29)
Founder
Headquarters
21, Yuseong-daero 1628beon-gil, Yuseong-gu, Daejeon
,
South Korea
Area served
Worldwide
Key people
  • Kim I-eul (CEO)
Products
RevenueIncrease ₩91.4 billion (2022)
Decrease ₩−77 billion (2022)
Decrease ₩−28 billion (2022)
Total assetsIncrease ₩258.8 billion (2022)
Total equityIncrease ₩121.2 billion (2022)
Owner
Number of employees
383 (2024)
WebsiteOfficial website in English
Official website in Korean
Satrec Initiative
Hangul
쎄트렉아이
RRSseteurek ai
MRSset'ŭrek ai

Satrec Initiative Co., Ltd. (Satrec I; Korean: 쎄트렉아이) or SI is a South Korean satellite manufacturing company headquartered in Daejeon, South Korea The company was founded in 1999 by the engineers who developed the first Korean satellite (KITSAT-1) at KAIST SaTRec (Satellite Technology Research Center). The company designs and builds Earth observation satellites called SpaceEye-series, and it provides various space components, including high resolution electro-optical payloads and star-trackers. SI's first satellite was a Malaysian Earth observation satellite, RazakSAT launched in 2009. SI has two subsidiaries: SI Imaging Services (SIIS) is the exclusive image data provider of KOMPSAT-series, and SI Analytics (SIA) provides AI-native GEOINT solutions for satellite imagery. SI also used a spin-off process to establish the SI Detection (SID) company which provides radiation monitoring solutions.

History

Satrec Initiative was founded in Daejeon, South Korea in 1999. There are two subsidiaries established based on SI's business in the remote-sensing satellite. One is SI Imaging Service (SIIS) founded in 2014, and they provide very high resolution optical and SAR images obtained from KOMPSAT-series and DubaiSat-2. Second subsidiary is SI Detection, and they develops and provides state-of-art radiation detectors derived from spacecraft radiation detecting systems.

Satellites and launches

Platforms

SpaceEye-X

SpaceEye-X is a satellite bus, which was originally designed to carry very high resolution optical payload(<0.5 m resolution). SpaceEye-X provides the capability to accommodate various payloads, including SAR antennas.

SpaceEye-1

SpaceEye-1 is an improved model and advanced variant of the SI-300 satellite bus, which was the platforms of DubaiSat-2 and DEIMOS-2. Current model is optimized for Earth observation purposes (<1 m resolution).

SpaceEye-W

SpaceEye-W is a mini-satellite platform (100 kg class). This platform has a very flexible configuration; it can support assorted missions from technical demonstration and science missions to Earth observation missions and telecommunications.

SpaceEye-T

SpaceEye-T is a 700 kg class satellite platform that will form the basis for SI's own Earth observation satellite constellation. It will offer an optical payload with 30-cm resolution and 12 km swath width. The satellite was launched on 15 March 2025 as part of the SpaceX Transporter-13 rideshare mission.

Subsystem-level products

Electric Propulsion Systems

SI provides Hall-effect electric propulsion systems (HEPS) optimized for small satellite missions. They provide power processing units, propellant feeding units, and Hall effect thrusters with various power consumption range. HEPS has been acquired flight heritages; DubaiSat-2 and DEIMOS-2 equipped HEPS-200 (200 W power consumption).

Products

References

  1. 1 2 "Gyeop Jeongbo" 기업정보 [Company Information] (in Korean). Saramin. 22 January 2024. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
  2. 1 2 3 4 5 6 7 8 9 "SI 099320". FnGuide. December 2022. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
  3. ↑ "Satrec Initiative Co., Ltd". LinkedIn. February 2006. Retrieved 18 July 2018.
  4. ↑ Ee-Eul, Kim; Hyunwoo, Lee; Eugene D., Kim (19–22 June 2017). Sub-half meter imaging satellite, SpaceEye-X. 8th International Conference on Recent Advances in Space Technologies (RAST). Istanbul, Turkey: IEEE. pp. 125–127. doi:10.1109/RAST.2017.8002971. ISBN 978-1-5386-1605-5. S2CID 6194309.
  5. ↑ Minwoo, Lee; Jongun, Kim; Myung-Seok, Kang (19 September 2016). Butler, James J; Xiong, Xiaoxiong (Jack); Gu, Xingfa (eds.). Development of in-orbit refocusing mechanism for SpaceEye-1 electro-optical payload. Spie Optical Engineering + Applications: Earth Observing Systems XXI. Vol. 9972. San Diego, California, United States: SPIE. pp. 99721O. Bibcode:2016SPIE.9972E..1OL. doi:10.1117/12.2236435. S2CID 3903824.
  6. ↑ Park, Si-soo (18 August 2021). "South Korea's Satrec Initiative to build constellation of high-resolution Earth observation satellites". SpaceNews. Retrieved 18 August 2021.{{cite news}}: CS1 maint: deprecated archival service (link)
  7. ↑ "SpaceEye-T". SI Imaging Services. Retrieved 5 June 2026.
  8. ↑ Eunkwang, Lee; Hodong, Lee; Yongjun, Moon; Seokhyun, Kang; Younho, Kim; Yunhwang, Jeong; Hosung, Yoon; Miso, Son; Amer Mohammad, Al Sayegh; Mar Luengo, Cerron (16 May 2018). Development of Robust and Affordable Xenon Feed Unit for Hall Effect Propulsion Systems. Space Propulsion 2018. Seville, Spain.