Fiberpro Signs Supply Contract for Inertial Measurement Devices with Halcon Systems Worth 61.7293 Billion Won

Fiberpro (368770) announced on July 23 that it has signed a supply contract for inertial measurement units (IMUs) with Halcon Systems, a company specializing in next-generation weapon system solutions. The contract, valued at 61.7293 billion won, is set to be fulfilled in the United Arab Emirates. The companies have a history of executing similar contracts over the past three years. The agreement, denominated in USD, amounts to 418.3338 million USD at the exchange rate of 1,475.60 won per USD. The contract period runs from July 22 to December 14, 2026, with delivery and payment terms finalized based on purchase order conditions. Fiberpro's Q4 2025 financials show total assets of 607 billion won, liabilities of 149 billion won, and revenue of 435 billion won. The company, listed on KOSDAQ since January 21, 2021, reported a 11.02% stock price increase to 13,100 won on July 23, 2026.