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Intellian awarded 2017’s KOSDAQ ‘Rising Star’ by the Korea Exchange
01 May, 2017

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Eight months after listing on South Korea’s equivalent of the Nasdaq, Intellian has been awarded its 2017 KOSDAQ ‘Rising Star’ award.

In little more than a decade, Intellian has grown rapidly and now occupies the position of a leading global supplier in the maritime antenna market. This award reflects Intellian’s success at providing the most cost effective and reliable services in C-band, Ku-band and the newly adopted Ka-band for vessels ranging in size from yachts to cruise ships.

When it listed in October 2016, Intellian was able to raise US$26 million, and over the next five years it will invest US$100 million in research and development. This will enable Intellian to continue its innovative approach that delivers the performance, scale and service flexibility that its customers need.

The Korea Exchange has selected and supported the rising stars of the KOSDAQ market since 2009 based upon companies who can demonstrate exemplary technical skills, growth potential, and whose main products rank in the top three in terms of international market share.

With a market capitalisation of Won190tn ($167bn) and more than 1,200 listed companies, Kosdaq is the world’s third-largest among alternative trading platform after the Nasdaq and China’s ChiNext. In 2016, 70 companies floated their shares on Kosdaq, raising Won2.2tn.
 

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