[Edaily Reporter Kwon Oh Seok ] GIGALANE Co., Ltd.(049080)’s stock price is surging in early trading. It appears that buying interest is surging following news that the company has secured a contract from KOREA AEROSPACE INDUSTRIES (KARI) for the “Development and Production of Prototypes for Space-Grade RF Connectors and Cable Components” as part of the “Domestic Development Project for Component-Level Space Parts.”

According to MP Doctor on the 20th, as of 9:05 a.m., GIGALANE Co., Ltd. is trading at 12,830 won, up 13.64% from the previous trading day.
Earlier that day, GIGALANE Co., Ltd. issued a press release announcing that it would begin full-scale localization of core domestic space components following the award of this contract. The contract was finalized after undergoing KARI’s technical evaluation and priority negotiation procedures.
The contract is valued at 2.7 billion won, with the project scheduled for completion on December 15, 2029. The development scope includes space-grade RF connectors, RF cables, and RF cable assemblies for use in satellites and space systems, with the primary objective being to ensure stable signal transmission and connection reliability even in extreme space environments.
Through this project, GIGALANE Co., Ltd. will localize space-grade RF connectors, RF cables, and RF cable assemblies—products for which Korea has historically relied on overseas manufacturers—using purely domestic technology. The development scope includes a total of 38 types of RF connector and cable components and 7 types of RF cable assemblies. The company aims to secure a quality level suitable for installation in space flight models by applying a design, manufacturing, and test verification system that meets ESCC or MIL standards.