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Duksan Navcours

Duksan Navcours Co., Ltd. (Ticker: 266690 KS) is a South Korean aerospace and defense technology company specializing in positioning, navigation and timing (PNT) systems, including precision satellite navigation, GNSS/INS navigation and anti-jamming solutions for military, aerospace and civilian applications.

Duksan Navcours plans to list on KOSDAQ on September 30, 2026. The company priced its IPO at KRW 14,600 per share, at the top of the indicated KRW 12,400-14,600 range, offering 3 million shares and raising approximately KRW 44 billion (approximately $30 million). The offering consists entirely of primary shares. At the IPO price, Duksan Navcours has an estimated market capitalization of approximately $189 million. Daishin Securities is acting as manager of the offering. The company was founded in 2012, is headquartered in Daejeon, South Korea, and has been part of the Duksan Group since 2021.

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September 30

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