News that Samsung is exploring entry into the space industry is increasing expectations for growth in the domestic space industry. Accordingly, on the 21st, space-related stocks are also showing strength in the early trading.
As of 9:07 a.m. on this day, Asia Pacific Satellite is trading at 14,160 won, up 2,340 won (19.80%) from the previous trading day. Kencoa Aerospace is up 9.61%, CONTEC is up 6.08%, INNOSPACE is up 5.08%, and Intellian Technologies is up 5.85%, with most space corporations showing an upward trend.
The previous day, it was reported that Samsung C&T is in discussions for the construction of a space launch site jointly with the Korea Aerospace Research Institute and Seoul National University. According to the report, they began discussions for the construction of the space launch site since last year. Samsung Electronics' research organization, Samsung Research, has also hired space experts, and the industry analysis report they prepared is being used as References by the affiliates.
Unlike major corporations such as Hanwha Aerospace and Korea Aerospace Industries (KAI), which primarily focused on launch vehicle technology, Samsung's interest in the space launch site is bringing attention to domestic satellite-related stocks. According to market research firm Global Information, the global satellite manufacturing market is expected to grow significantly from $27.26 billion (about 378 trillion won) in 2025 to $41.77 billion (about 580 trillion won) by 2030.