Having taken its first step onto the KOSDAQ market, KNSINC(487400) is up more than 95% from the offering price early in the session.
On the 13th, the first day of listing on the KOSDAQ market, as of 9:34 a.m., KNSINC was trading at 21,500 won, up 10,500 won (95.45%) from the offering price (11,000 won).
Launched in 2001, KNSINC is a company that specializes in maritime and military satellite communication antennas. The company researches and develops, manufactures, and sells antenna equipment that supports smooth satellite communications in special environments where access to terrestrial communication networks is limited, such as surface ships or submarines, or where a high degree of reliability is required.
Starting in the early commercial maritime satellite communication antenna field, the company has since continued to expand its business portfolio to include military mobility–dedicated satellite communication antennas for surface ships, submarines, and unmanned aerial vehicles, as well as into the electronic phased-array antenna (ESA) segment.