[Breaking] SOSLAB Signs Exclusive Supply Contract Worth 837.5 Million KRW with Estaffic for 'Smart Tolling LiDAR'
SOSLAB has signed an exclusive supply contract for smart tolling LiDAR products with traffic solution specialist Estaffic. According to a regulatory filing on t
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SOSLAB has signed an exclusive supply contract for smart tolling LiDAR products with traffic solution specialist Estaffic.
According to a regulatory filing on the 16th, the contract amount totals 837.5 million KRW, equivalent to 13.76% of SOSLAB's revenue (6.086 billion KRW) based on its 2025 standalone income statement.
■ Supplied Product: Trigger LiDAR for Toll Collection on Toll Roads
The subject of this contract is a smart tolling LiDAR product. The device is a trigger laser used on toll roads to activate cameras that photograph individual vehicle license plates during toll collection. SOSLAB will supply the product exclusively through in-house production.
■ Contract Terms and Schedule
- Supply region: South Korea
- Contract period: June 16, 2026 – September 30, 2028
- Contract date: June 16, 2026
- Payment terms: No down payment or advance payment; payment to be received by the end of the following month after product delivery is completed
The company stated that the contract end date is a scheduled date reflecting the expected payment receipt timeline following the delivery period, and it plans to issue a correction disclosure if the schedule changes in the future.
■ Contract Counterparty: Estaffic
Estaffic is a traffic solution company whose main business includes computer system integration consulting, construction, and management. Its most recent revenue amounted to 168.238 billion KRW. There is no special relationship between the two parties, and it was confirmed that there is no record of executing similar contracts over the past three years.
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