Market Chatter: KT and Korea Aerospace Partner for 6G and LEO Satellite Tech

MT Newswires Live

2024/11/05

KT (KRX:030200) and unit KT SAT are partnering with Korea Aerospace Industries (KRX:047810) to advance 6G and low-Earth orbit (LEO) satellite technology, Pulse News reported Monday.

The parties will focus on developing essential satellite communication technologies and integrated manned-unmanned systems for local and global projects, the report said.

Shares of KT fell more than 2% at market close.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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