iCRAFT has entered into a supply contract with C.E. Lab for the 2026 Nvidia Spectrum-X project. The contract amount is 32,352,000,000 KRW excluding VAT, representing 15.67% of its 2025 consolidated revenue.
The contract period runs from July 20, 2026 to December 31, 2031, with payment terms of 50% advance, 30% interim, and 20% balance. This deal is expected to boost revenue in iCRAFT's core AI infrastructure business.
The counterparty, C.E. Lab, is an IT service provider with recent revenue of 10.3 billion KRW and a track record of similar contracts. No new shares or capital changes are involved, so no dilution risk for existing shareholders.
[AI Summary]iCRAFT's 32.4 billion KRW Nvidia Spectrum-X supply contract is positive for revenue growth and strengthens its position in the AI infrastructure market. With no funding burden and a credible counterparty, the investment appeal has increased.