Sensorview signs 2.76 billion won export supply contracts

Sensorview, a developer and manufacturer of millimeter-wave RF connectivity products for defense, aerospace, space and civilian markets, had signed four export supply contracts worth a combined 2.76 billion won ($1.95 million) with Hanwha Systems.

One contract covers Saudi MSAM-II MFR array antenna assemblies, while three other export supply contracts are included in the package. Sensorview signed the agreements on the 18th, and their contract period runs from that date until April 17, 2030.

Taken together, the orders represent 14.5 percent of Sensorview's latest annual revenue of 19 billion won ($13.4 million). The agreement sets a 0.1 percent penalty rate for late delivery of contracted supplies.

Hanwha Systems is Sensorview's customer for the export agreements and had most recently reported revenue of 3.66 trillion won ($2.59 billion).

Sensorview's core business centers on developing and manufacturing RF connectivity solutions for millimeter-wave, or mmWave, bands. Its cable, connector and antenna products serve defense, aerospace and space customers, alongside civilian telecommunications and semiconductor measurement industries.

The company's defense, aerospace and space business generated 3.06 billion won ($2.16 million) in first-half revenue, accounting for 66.24 percent of Sensorview's total revenue in that period. The unit supplies filters and antennas to customers in those sectors.

Sensorview participates in next-generation weapons projects, including ground-to-air defense systems. Its offerings for those projects include bandpass filters, or BPF, specialized composite connectors, cable assemblies and aircraft antennas developed to customer-specific requirements.

Active electronically scanned array antennas, or AESA, are also part of the company's product range for weapons projects. The Saudi MSAM-II MFR order calls for array antenna assemblies.