KNS INC announced in a regulatory filing on the 22nd that it has been selected as the lead research and development agency for the project titled 'Development and Construction of a Submarine Satellite Communication System Based on Commercial Low-Earth-Orbit Satellite Communications' and has signed the corresponding agreement.

■ 7.334 Billion Won to Be Invested Over Three Years... 5.5 Billion Won in Government Funding The R&D period runs for three years, from September 1, 2026, to August 31, 2029, with the project number '26-SN-TC-02.' The lead agency is KNS INC, and the total project budget is 7.334 billion won. Of this, 5.5 billion won is government funding and 1.834 billion won is private contribution (in kind). The amount allocated to KNS INC is the same: 5.5 billion won in government funding and 1.834 billion won in private contribution (in kind).

The company's equity capital stands at 12,884,459,333 won, and the ratio of government funding allocated to the company relative to its equity capital is 42.69%.

■ A Joint 'Civil-Military Technology Transfer Program' by the Ministry of Trade, Industry and Energy and the Defense Acquisition Program Administration This project is a 'Civil-Military Technology Transfer Program' jointly promoted by the Ministry of Trade, Industry and Energy and the Defense Acquisition Program Administration. It is managed by the Agency for Defense Development's Civil-Military Technology Cooperation Center, the dedicated civil-military technology cooperation organization.

■ Company: 'A Strategic R&D Initiative to Improve Submarine Communication Environments and Lay the Groundwork for Adoption' The company stated that this project is a strategic research and development initiative aimed at improving the limited communication environment of submarines and laying the groundwork for the future adoption of a low-Earth-orbit satellite communication system for submarines. Both the agreement date and the date of occurrence (confirmation) are September 22, 2026.

The company added that the disclosed project duration and budget may be changed through government policy adjustments and consultation between contracting parties.