This paper focused on generation of more accurate DEM and analysis of accuracy. For this, we applied suitable sensor modeling technique for each satellite image and automatic pyramid matching using image pyramid was applied. Matching algorithm based on epipolarity and scene geometry also was applied for stereo matching. IKONOS, Quickbird, SPOT-5, Kompsat-2 were used for experiments. In particular, we applied orbit-attitude sensor modeling technique for Kompsat-2 and performed DEM generation successfully. All DEM generated show good quality. Assessment was carried out using USGS DTED and we also compared between DEM generated in this research and DEM generated from common software. All DEM had $9m{sim}12m$ Mean Absolute Error and $13m{sim}16m$ RMS Error. Experimental results show that the DEMs of good performance which is similar to or better than result of DEMs generated from common software.