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Intellian accelerates production
capacity with launch of new South Korea factory
4 May 2022
Intellian has announced the
upcoming launch of another factory in Pyeongtaek, South
Korea, marking an expansion of the company’s HQ base.
The new factory, operational from August 2022, is
situated 4km from the existing factory, providing
seamless expansion. The additional factory will serve
increasing customer and partner demand and further power
Intellian’s growth trajectory. With 1,702 satellites
launched into Earth’s orbit in 2021, the satellite
sector has and continues to experience an explosion of
development.
Marking Intellian’s second
manufacturing location in Korea, this new factory will
increase both the company’s production and warehouse
capacity by three times. This supercharged capacity
provides customers and partners with scalability going
forwards, enabling them to meet increasing demand in the
growing satellite industry: the global small satellite
market reached $4.70 billion in 2021 and is projected to
grow to $10.75 billion in 2028.
The new facility and existing
factory will run simultaneously, providing unparalleled
production capacity of all existing product lines across
maritime and land sectors, including gateway antenna
systems, and the recently announced range of flat panel
antennas. Increased production across the board will
empower Intellian to continue to supply existing and
emerging vertical market segments. Enhanced
manufacturing capabilities will also act as a core
foundation for Intellian’s legacy of innovative
technology development to serve the satellite industry.
Comprising four levels of
production and one office floor, the launch of this new
factory offers an enhanced speed of delivery when it
comes to serving partners. With ongoing supply chain
challenges elsewhere in the industry, the elevated
output from the factory expansion will build on
Intellian’s unique capabilities, empowering partners to
fulfil even larger scale orders globally.
On a continued journey of ambitious
expansion, this news marks a critical step in
Intellian’s growth strategy. The new facility will see
the continued expansion of the global Intellian team,
with significant new talent and capabilities added.
Eric Sung, CEO and President,
Intellian, comments, “The launch of the new Pyeongtaek
factory comes at an exciting and innovative time for
Intellian, building on consistent success in delivering
best-in-class solutions to partners and customers. A key
step in our wider growth vision, this supercharged
production facility and workforce will strengthen
Intellian’s historically collaborative relationship with
partners and drive continued growth and innovation.”
Ben Swallow, Vice President, Global
Partnerships & Strategy, Intellian, on the announcement,
“The satellite industry is at an unprecedented juncture,
with partners and customers facing exponential demand in
both new and existing market verticals. This new factory
will support Intellian’s mission to deliver the highest
levels of partner and customer service, working together
to develop the most innovative technology providing
best-in-class solutions.”
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