Satrec Initiative Co., Ltd. engages in the development, manufacture, and sale of satellite systems and ground equipment. It operates through the following business divisions: Satellite Business, SIIS, and SIAI. The Satellite Business division provides satellite system, electro-optical camera, and satellite ground station. The SIIS division deals with satellite image direct reception station. The SIAI division offers artificial intelligence-based satellite and aerial image data analysis. The company was founded on December 29, 1999 and is headquartered in Daejeon, South Korea.