England's Surrey is the best-known specialty builder of small spacecraft, and there are firms in the US, Sweden, and France, among others, which build smallsats. But there's also South Korea, and this article highlights how one man took seven colleagues and built the country's first private satellite R&D organization, Satrec Initiative.
COMMENT: this illustrates one of the good things about small satellites: the cost of entry to the market is much lower than that for the most lucrative segment, the big GEO COMSATS. Smallsat expertise has spread around the world to governments, companies, and universitities, and continues to spread.
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