Sphere Corp. KRW 24.2 billion special alloy supply deal with a US aerospace launch company
SAI summary · Not investment advice
Sphere Corp. signed a KRW 24.2 billion conditional contract to supply special alloys to a US aerospace launch company, equal to 25.33% of recent revenue.
Contract amount
KRW 24.2 billion
25.33% of recent revenue · USD 17,835,840 converted at KRW 1,358.50 per USD
Key facts
- Counterparty
- A global US aerospace launch companySimilar contract in the past 3 years
- Contract details
- Special alloy supply contract
- % of revenue
- 25.33%
- Contract period
- Oct 6, 2026 – Nov 1, 2027End date reflects expected payment after delivery
- Conditional contract amount
- KRW 24.2 billionEntirely conditional · may be changed or cancelled in whole or part by the counterparty
- Recent revenue
- KRW 95.6 billion2025 consolidated
- Supply region
- Overseas
- Contract date
- Oct 6, 2026Purchase order receipt date
- Payment terms
- Within 60 days of invoiceNo down payment or advance
- Disclosure deferral
- Counterparty details withheldUntil 2027.11.01 at the counterparty's request
Commentary
AI commentary · Not investment advice
What happened
Sphere signed a contract to supply special alloys to a global US aerospace launch company. The contract is worth KRW 24.2 billion. That is USD 17,835,840 converted at KRW 1,358.50 per USD. The entire amount is conditional. The company said the counterparty may change or cancel all or part of the deal. Payment is due within 60 days of the invoice.
In the company's terms
The amount equals 25.33% of recent revenue (KRW 95.6 billion, 2025 consolidated). The company said it has carried out similar contracts in the past three years. The counterparty's name and the items supplied stay private until November 1, 2027, at the counterparty's request.
Earlier Single Sales/Supply Contract filings from this company
| Filed | Counterparty | Contract amount | % of revenue |
|---|---|---|---|
| 26.11.122026.11.12 | U.S. global aerospace launch company | KRW 1.5 billion | 57.19% |
| 26.10.142026.10.14 | US global aerospace launch company | KRW 7.8 billion | 305.41% |
| 26.10.062026.10.06 | A US global aerospace launch company | KRW 17.7 billion | 18.54% |
Comments
No comments yet
Comments from shareholders will appear here.
Get the next disclosure as an app alert
Get app alerts for new disclosures and stake changes on your watchlist