Satrec Initiative

Satrec Initiative Co., Ltd.

Native name	주식회사 쎄트렉아이
Company type	Public
Traded as	KRX: 099320
Industry	Aerospace Defense
Founded	29 December 1999; 24 years ago (1999-12-29)^[1]
Founder	Choi Soon-dal Park Seong-dong Kim Byeong-jin
Headquarters	21, Yuseong-daero 1628beon-gil, Yuseong-gu, Daejeon , South Korea
Area served	Worldwide
Key people	Kim I-eul (CEO)
Products	Satellites Secure satellite Imaging systems Mobile ground receiving processing systems UAV ground control systems
Revenue	₩91.4 billion^[2] (2022)
Operating income	₩−77 billion^[2] (2022)
Net income	₩−28 billion^[2] (2022)
Total assets	₩258.8 billion^[2] (2022)
Total equity	₩121.2 billion^[2] (2022)
Owner	Hanwha Aerospace (36.31%)^[2] Park Seong-dong (10.45%)^[2] Employee stock ownership (1.83%)^[2] Other (0.12%)^[2]
Number of employees	383^[1] (2024)
Website	Official website in English Official website in Korean

Satrec Initiative
Hangul	쎄트렉아이
Revised Romanization	Sseteurek Ai
McCune–Reischauer	Sset'ŭrek Ai

Satrec Initiative Co., Ltd. (Satrec I; Korean: 쎄트렉아이; RR: Sseteurek Ai) or SI is a South Korean satellite manufacturing company headquartered in Daejeon, South Korea^[3] 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 spun-off SI Detection (SID), which provides radiation monitoring solutions.^[buzzword]

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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

KOMPSAT-1 (1999): image receiving and processing station
STSat-1 (2003)
KOMPSAT-2 (2006): image receiving and processing station
RazakSAT (2009): satellite and ground systems
DubaiSat-1 (2009): satellite and ground systems
COMS-1 (2010): communication payload integration, electrical modules, Sun sensor, image receiving and processing station, and mission control subsystems
RASAT (2011): Electro-optics (EO) payload and attitude sensors
X-Sat (2011): EO payload
KOMPSAT-3 (2012): image receiving and processing station, mission control subsystems, and Sun sensor
Göktürk-2 (2012): EO payload
KOMPSAT-5 (2013): fixed/mobile image receiving and processing station, mission control subsystems, SAR simulator, and Sun sensor
DubaiSat-2 (2013): satellite and ground systems
Deimos-2 (2013): satellite and ground systems
KOMPSAT-3A (2015): fixed/mobile image receiving and processing station and Sun sensor
TeLEOS-1 (2015): EO payload
Velox-C1 (2015)
KhalifaSat (2018): electric modules, telescope, and image receiving and processing station
GEO-KOMPSAT-2A/B (2018/2020): electric modules, space weather sensor, image receiving and processing station, and mission control subsystems
CAS500-1 (2021)

Platforms

SpaceEye-X

SpaceEye-X is a satellite bus, which was originally designed to carry very high resolution optical payload(<0.5 m resolution).^[4] 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).^[5]

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.^[6] As of March 2024, the first SpaceEye-T satellite is planned for launch in 2025.^[7]

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).^[8]

Star Tracker

SI develops and manufactures star trackers that have enormous flight heritages.

Other products

S-band transceiver
X-band transmitter
Steerable X-band antenna
Command and Data Handling Unit
Solid-state recorder
Sun sensor

References

^ ^a ^b "(주)쎄트렉아이". Saramin. 22 January 2024. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ "SI 099320". FnGuide. December 2022. Archived from the original on 6 February 2024. Retrieved 6 February 2024.
^ "Satrec Initiative Co., Ltd". LinkedIn. February 2006. Retrieved 18 July 2018.
^ Ee-Eul, Kim; Hyunwoo, Lee; Eugene D., Kim (19–22 June 2017). "Sub-half meter imaging satellite, SpaceEye-X". 2017 8th International Conference on Recent Advances in Space Technologies (RAST). pp. 125–127. doi:10.1109/RAST.2017.8002971. ISBN 978-1-5386-1605-5. S2CID 6194309.
^ 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". Proceedings of Earth Observing Systems XXI. Earth Observing Systems XXI. 9972: 99721O. Bibcode:2016SPIE.9972E..1OL. doi:10.1117/12.2236435. S2CID 3903824.
^ 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.
^ "SpaceEye-T". University of Twente. Retrieved 30 March 2024.
^ 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". Proceedings of Space Propulsion 2018.