[Special Stock] Lumir Expected to Be a Game Changer in the Video Radar Satellite Market
Lumir is gaining momentum. It is interpreted that the analysis by a securities firm, suggesting that it could become a 'game changer' in the Synthetic Aperture Radar (SAR) satellite market, has had an impact.
![[Special Stock] Lumir Expected to Be a Game Changer in the Video Radar Satellite Market](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
As of 9:33 AM on the 23rd, Lumir was trading at 9,330 KRW, up 1,030 KRW (12.41%) from the previous trading day.
On the same day, NH Investment & Securities analyzed that Lumir is preparing a Earth observation system business similar to Finland's ICEYE.
Lee Jae-kwang, a researcher at NH Investment & Securities, said, "Lumir is preparing an Earth observation system business like Finland's ICEYE," and explained, "While Lumir's SAR satellite achieves an ultra-high resolution performance of 0.3m, which is a high level compared to overseas products, its price is about 20% of ICEYE's."
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He evaluated, "If the targeted performance and price are realized, it could become a 'game changer' in the Synthetic Aperture Radar (SAR) satellite market."
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