Top 10 Space startups in South Korea

Jul 21, 2025
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1
CONTEC
Funding: $58.7M
CONTEC is providing ground station services, satellite image processing, and application services.
2
HANCOM inSPACE
Funding: ₩60B
Hancom provides office software and a variety of other sets of software to the world market to enhance productivity.
3
Innospace
Funding: ₩55.2B
Innoface is a space company that develops and provides launch services for small satellite launch vehicles with hybrid rocket technology.
4
Nara Space
Funding: ₩33.5B
NaraSpace Technology specializes in the design, development, integration, and testing of CubeSats and small space systems.
5
Unastella
Funding: ₩25B
Unastella operates its own launch vehicles to provide human space travel platform services.
6
SI Analytics
Funding: ₩12B
SI Analytics is a provider for satellite image analytics based on deep learning technology and GEO-information solution.
7
SI Imaging Services
Funding: ₩2B
SI Imaging Services(SIIS) is a leading Satellite Imagery Provider for Remote Sensing and Earth Observation.
8
Satrec Initiative
Satrec Initiative is developing small or medium satellite systems for Earth observation missions.
9
Perigee
Perigee provides sustainable access to Earth orbit and beyond.
10
TelePIX
TelePIX specializes in high-resolution electro-optics for observation, surveillance, and tracking.
Editor: Boris Maslennikov
Boris Maslennikov is a senior editor for Space-Startups. He has spent more than a decade covering the global space industry as a business journalist. He earned a Ph.D. in planetary sciences from the Massachusetts Institute of Technology and a bachelor’s degree with honors in geophysics and planetary science from the California Institute of Technology. In his free time, Boris enjoys studying history and mathematics, with a particular interest in the history of mathematics. You can contact Boris at borismaslenikov(at)space-startups(dot)com