KAI acquires 37.95% stake in Genoco for KRW 54.5 billion

Korea Aerospace Industries (KAI) acquired a 37.95% stake in Genoco, a company specializing in aviation electronics and satellite communication, for KRW 54.5 billion, to strengthen its satellite communication and aviation electronics capabilities.

“We expect to strengthen global competitiveness through vertical integration in satellite communication and aviation electronics.”mk.co.kr

• 1 source
• mk.co.krThe Korea Aerospace Industries (KAI) announced on the 7th that it has acquired 'Genoco', a company s.. - MK안두원Nov 7, 2024

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