CONTEC
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | Spinout | |
$11.0m | Series B | ||
* | $50.0m | Series C | |
Total Funding | $61.0m |
Recent News about CONTEC
EditCONTEC is a South Korean company that specializes in providing space ground station services, satellite image processing, and application services. Established in 2015 as a spin-off from the Korea Aerospace Research Institute (KARI), CONTEC operates in the burgeoning space industry, serving clients such as the National Space Centre, Luxembourg Space Agency, and Amazon Web Services.
The company's business model revolves around offering comprehensive ground integration solutions to its clients. This involves the use of advanced technology to process and interpret satellite images, which can then be used for various applications such as weather forecasting, environmental monitoring, and defense.
CONTEC's team is composed of highly skilled engineers, over half of whom hold at least a Master's degree. The heads of the teams boast a minimum of 10 years' experience in the space industry, ensuring a high level of expertise and knowledge.
The company operates from two offices located in Korea and Luxembourg, and it makes money by charging clients for the services it provides. These services are crucial in the New Space Age, where satellite technology is becoming increasingly important for a variety of industries.
In summary, CONTEC is a key player in the space industry, providing valuable services to clients around the world. Its strong team and commitment to excellence position it well for future growth in this exciting market.
Keywords: Space Ground Station Services, Satellite Image Processing, Application Services, Ground Integration Solutions, Space Industry, Skilled Engineers, Korea Aerospace Research Institute, Luxembourg Office, New Space Age, Satellite Technology.