Duksan Navcours

Duksan Navcours (Ticker: 266690 KS) provides positioning, navigation and timing systems for military, aerospace and civilian applications. Its products include precision satellite-navigation systems, combined satellite and onboard navigation systems, and solutions designed to counter signal jamming. Founded in 2012, the company is headquartered in Daejeon, South Korea, and has been part of the Duksan Group since 2021.

The scheduled listing date on Korea Exchange (KOSDAQ) was September 30, 2026. The offering comprises 3,000,000 shares at a confirmed price of KRW 14600 per share, compared with an indicative range of KRW 12400–14600. At the confirmed offer price, the base offering represents KRW 43.80 billion, approximately $32.94 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is approximately $189.00 million.

Daishin Securities is the offering manager.