Nara Space Technology announced on the 14th that it has been selected as a co-research and development institution for a national project titled 'Launch and Service of Regenerative IoT Satellite (Payload) Based on 3GPP IoT-NTN Standard,' led by the Electronics and Telecommunications Research Institute (ETRI).

Project Overview - Joint Research Project Name: Research on Ultra-Small Satellite Development for 3GPP-Based IoT-NTN Utilization - Leading Institution: Electronics and Telecommunications Research Institute (ETRI) - Co-Research Institution: Nara Space Technology - Execution Period: April 1, 2026 – December 31, 2030 (total 57 months)

R&D Budget Scale The total R&D budget is KRW 8,801 million. This consists of KRW 6.6 billion in government funding and KRW 2,201 million in institutional contributions (KRW 220.1 million in cash + KRW 1,980.9 million in kind). The company's equity capital stands at KRW 47,695,857,070, and the government-supported R&D funding represents 13.84% of its equity capital.

Technical Goals and Expected Effects This project aims to develop the world's first ultra-small satellite for verifying regenerative 3GPP-based IoT-NTN technology and to demonstrate IoT-NTN technology in an actual low-Earth orbit satellite communication environment. Through this research, the company expects to ▲ secure high-performance ultra-small satellite bus technology capable of accommodating standard payloads, ▲ demonstrate independent cluster operation technology based on regenerative satellites, and ▲ secure optimized integration design technology between the satellite bus and standard payloads. Based on these outcomes, the company plans to reduce design costs, shorten production timelines, strengthen its capability to build low-cost, high-efficiency satellite networks, and enhance self-reliance in ultra-small satellite technology and global mass production competitiveness.

Reference Notes The company noted that the project execution period and budget may be subject to change based on government policies and mutual agreements between contracting parties, and that the disclosure decision date is July 13, 2026, the scheduled contract execution date.