KP Aero Industries Co., Ltd. KRW 2.9 billion supply contract with Spacepro for assembly jigs for a new drone project
KAI summary · Not investment advice
The company signed a KRW 2.9 billion contract with Spacepro to make assembly jigs for a new drone project, equal to 5.37% of its yearly sales.
Contract amount
KRW 2.9 billion
Key facts
- Counterparty
- Space Pro Co., Ltd.
- Contract details
- Manufacture of assembly jigs for new unmanned aerial vehicle project
- % of revenue
- 5.37%
- Contract period
- Nov 13, 2026 – Dec 31, 2026
- Recent revenue
- KRW 53.9 billionBased on consolidated financial statements as of end of 2025
- Supply region
- South Korea
- Payment terms
- Paid by 60-day promissory note after delivery (inspection) completionNo down payment or advance payment
- Contract date
- Nov 13, 2026
Commentary
AI commentary · Not investment advice
What happened
KP Aerospace Industries signed a contract with Spacepro Co., Ltd. to make assembly jigs (fixtures that hold parts during assembly) for a new drone project. The contract is worth KRW 2.89 billion. Spacepro is a shareholder holding a 9.02% stake in the company. The supply region is South Korea.
In the company's terms
The contract equals 5.37% of the company's sales over the last year, which were KRW 53.9 billion on a consolidated basis at the end of 2025.
What changes for shareholders
The contract runs until 2026.12.31. Payment will be made by a 60-day promissory note after delivery and inspection are complete. There is no down payment or advance payment.
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