DukSan Nepkores Passes Preliminary Review for KOSDAQ Listing

DukSan Nepkores has received preliminary approval for listing on the KOSDAQ from the Korea Exchange.

According to DukSan Nepkores on the 21st, this approval is significant, as it demonstrates that DukSan Nepkores has been highly evaluated by the market and financial authorities for its unique technological capabilities and future growth potential, enabling the company to embark on a full-fledged path toward listing. As a result, the company will now proceed in earnest with its public offering and listing procedures.

Founded in 2012, DukSan Nepkores is the only specialized company in Korea that provides a one-stop total solution covering design, development, production, and testing in the fields of navigation and anti-jamming. The company has expanded its empirical, evidence-based business operations into diverse sectors such as defense, aerospace, and navigation infrastructure. Of particular note, DukSan Nepkores was the first domestic PBA manufacturer to obtain NADCAP Gold certification, thereby proving its world-class quality competitiveness and reliability.

Since being designated as a defense company in 2013, DukSan Nepkores has continued to strengthen its technical capabilities by steadily participating in core weapon systems and national space development projects. The company is collaborating with top domestic defense firms, including Hanwha Aerospace, LIG Defense & Aerospace, and Hyundai Rotem, as well as government agencies. Moreover, it is taking part in next-generation development projects for various weapon systems, making contributions to national security and the enhancement of defense capabilities.

Previously, DukSan Nepkores earned “A, A” ratings in the technology evaluation for a technology-special listing, objectively demonstrating its proprietary navigation and anti-jamming technologies and growth potential. Through the upcoming listing, the company plans to drive a full-scale global market expansion by ▲expanding its facilities, ▲strengthening its R&D capabilities, ▲extending satellite navigation infrastructure, and ▲enlarging its portfolio of civil-military fusion product lines.

This push for listing is also significant because it marks DukSan Group’s expansion of its growth portfolio beyond its existing focus on semiconductor materials and components to include the defense and aerospace sectors. Through the listing, DukSan Nepkores aims to secure an independent R&D and investment base and to accelerate its own growth strategies as a specialized company in the navigation and anti-jamming field.

Taeho Hwang, CEO of DukSan Nepkores, stated, “With this approval, DukSan Nepkores will transparently showcase the competitiveness of its accumulated navigation and anti-jamming technology and business growth potential to the market, and we will do our utmost throughout the remaining listing procedures.”

This content was produced with the assistance of AI translation services.