• Nara Space Technology corrected its satellite project disclosure on Nov. 12, 2026, to cover only the contracted first phase.
• Government funding now totals KRW 4.2 billion, versus KRW 6.6 billion previously disclosed for both phases.
• Total research spending was revised to KRW 5.6 billion from KRW 8.8 billion; the company's contribution is KRW 1.4 billion.
• The disclosed project period is April 1, 2026-Dec. 31, 2028, or 33 months, versus the original 57-month period ending Dec. 31, 2030.
• The revision enables research funding carryovers; annual first-phase government funding remains unchanged, while the second phase has not been contracted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nara Space Technology Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261112900271), on November 12, 2026, and is solely responsible for the information contained therein.