INNOMETRY Secures 5.3 Billion KRW Battery Inspection Equipment Supply Contract with US Manufacturer, Boosting Revenue Outlook

INNOMETRY has entered into a supply agreement for secondary battery inspection equipment with an undisclosed US-based battery manufacturer. The contract is valued at approximately 5.30 billion KRW (5,299,795,610 KRW or 3,519,588 USD), representing 13.74% of its 2025 consolidated sales of 38.57 billion KRW.
Payment terms are structured with 30% advanced payment due 25 days after purchase order, 60% balance 25 days after delivery, and a 10% retention 25 days after final inspection. Equipment will be supplied to the US.
The counterparty's identity is confidential until the contract end date (September 8, 2026) due to business secrets, but the company is a specialized battery manufacturer with prior similar contracts with INNOMETRY in the last three years.
This order reflects growing global EV battery demand and INNOMETRY's competitive technology, contributing to near-term revenue and strengthening its presence in the North American market.
[AI Summary]INNOMETRY's 5.3 billion KRW supply contract for battery inspection equipment in the US bolsters its growth outlook. Representing 13.74% of recent sales, the deal not only supports near-term revenue but also signals potential for further orders, positively impacting shareholder value.