Telepix announced on the 19th that it will export a national satellite-grade high-resolution electro-optical camera system to Hungary. The export deal is valued in the tens of millions of dollars.
The camera system will be used for Hungary's national Earth observation satellite program "HULEO." The program aims to secure independent satellite capabilities operating in low Earth orbit (LEO). The HULEO satellite will perform environmental monitoring, mapping, and infrastructure observation. Satellite data will be widely utilized for national disaster response, land management, and infrastructure monitoring, as well as industrial and security applications. Remred, a space systems company under Hungarian defense conglomerate 4iG, oversees the HULEO project.
Telepix and Remred held a cooperation and supply contract signing ceremony on the 6th (local time) at 4iG headquarters in Budapest, Hungary. Key executives from both companies attended, including Telepix CEO Cho Sung-ik and Remred CEO Levente Balogh.
Under the partnership agreement with Remred, Telepix will supply high-resolution electro-optical camera systems responsible for core mission operations of small and medium-sized satellites. The electro-optical payload is high-value-added equipment that accounts for a significant portion of the total satellite system cost.
The contract was secured through international competitive bidding involving multiple global companies. Telepix passed certification and verification procedures meeting European space industry standards and was selected as the final supplier after demonstrating both technological capability and price competitiveness. The verification process includes a rigorous evaluation system encompassing environmental tests simulating extreme space conditions and long-term operational stability assessments. Telepix explained that its vertically integrated system—internalizing all processes from design to component production, assembly, and testing—enabled the company to achieve both global-level technology and price competitiveness, which led to its selection.
Telepix is also in follow-up discussions with Remred regarding exports of integrated satellite data processing systems, including AI agentic satellite imagery analysis solutions. Telepix plans to implement on-orbit AI edge computing on the HULEO satellite using Tetraplex, a GPU-based AI onboard processor for satellites, enabling real-time processing and analysis of image data within the satellite. The company is also discussing plans to provide an integrated solution encompassing ground data interpretation and analysis by linking SatChat, its AI agentic satellite imagery analysis solution. Both companies are also reviewing possibilities for expanded cooperation, including the potential establishment of a local joint venture (JV) in Hungary.
"Through integrated solutions combining high-resolution electro-optical technology with AI-based onboard processing capabilities, we will further strengthen our technological competitiveness in the global satellite market," said Telepix CEO Cho Sung-ik.