ISTE Co.,Ltd. KRW 2.2 billion hydrogen compression package contract with a state research institute
IAI summary · Not investment advice
ISTE Co.,Ltd. signed a KRW 2.2 billion contract to supply and install a hydrogen compression package with a government research institute, equal to 6.81% of recent revenue.
Contract amount
KRW 2.2 billion
6.81% of recent revenue · excl. VAT
Key facts
- Counterparty
- A government-funded research institute
- Contract details
- Purchase and installation of a hydrogen compression package for RE100-based hydrogen pilot complex infrastructure development
- % of revenue
- 6.81%
- Contract period
- Oct 7, 2026 – Apr 30, 2027End date reflects expected payment after final delivery in December 2026
- Recent revenue
- KRW 32.2 billionEnd-2025 consolidated
- Supply region
- Korea
- Contract date
- Oct 8, 2026
- Payment terms
- 100% after the contract endsNo down payment or advance
Commentary
AI commentary · Not investment advice
What happened
ISTE Co.,Ltd. signed a contract with a government-funded research institute to supply and install a hydrogen compression package. It will be used to develop infrastructure for an RE100-based hydrogen pilot complex. The contract is worth KRW 2.2 billion, excluding VAT. The company will make it partly in-house and partly through outsourcing.
In the company's terms
The amount equals 6.81% of recent revenue (KRW 32.2 billion, end-2025 consolidated). The company receives 100% of payment after the contract ends. Final delivery is planned for December 2026, and the end date reflects the expected payment. The company will file an update if the end date changes.
Earlier Single Sales/Supply Contract filings from this company
| Filed | Counterparty | Contract amount | % of revenue |
|---|---|---|---|
| 26.10.152026.10.15 | A Korean semiconductor assembly company | KRW 1.6 billion | 5.10% |
| 26.10.072026.10.07 | SK hynix Inc. | KRW 1.6 billion | 5.02% |
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