# Alpha Aero invests KRW 12 billion in KAF Aero for aerospace production facility

Alpha Aero, ASTK's largest shareholder, has invested KRW 12 billion in KAF Aero through a third-party allocated capital increase. The funds will be used to build a multi-purpose aerospace production infrastructure on a 16,500 m² site in the Jongpo Industrial Complex, Sacheon City, near ASTK's headquarters, with completion targeted by end of October.

- Type: Investment
- Announced: 2026-02-23
- Where: Jongpo Industrial Complex, Sacheon City, South Korea
- Value: $8.28M (12.0B KRW)
- Starts operating: Oct 2026
- Status: announced
- Products: high-precision aircraft parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [KAF Aero](https://endata.com/companies/90472.md)
- [ASTK](https://endata.com/companies/79520.md) (partner)
- [Alpha Aero](https://endata.com/companies/90471.md) (investor)

## Sources

- [bccmedianews.com](https://bccmedianews.com/?p=5217), 2026-02-23: "Alpha Aero, ASTK’s largest shareholder, signed a new share subscription agreement with KAF Aero, and it plans to pay in the capital increase proceeds on the 27th."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
