한화
Hanwha Aerospace is a South Korean company playing a significant role in the space industry, particularly in launch vehicle systems and satellite technology. They are involved in manufacturing space vehicle engines and components, integrating launch systems, and developing satellite systems for Earth observation and communication. Hanwha Aerospace also leads the development of the Nuri rocket and partners with companies like General Atomics Aeronautical Systems (GA-ASI) and Perigee Aerospace to expand its capabilities in areas like UAV development and future space transportation. Key areas include space launch vehicles, satellite solutions, and partnerships with organizations like the Korea Aerospace Research Institute (KARI).
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Hanwha Systems will invest 450 billion won in the unmanned urban air cargo business, including 250 billion won in companies with related technologies or services and 200 billion won in making flying vehicles, ground facilities and other infrastructure.
Hanwha Systems will allocate 190 billion won to developing communications technologies and satellite launch under its business road map.
Hanwha Systems will allocate 80 billion won to satellite communications technologies under its business road map.
Hanwha Systems formed a strategic partnership with U.S. satellite communications company Kymeta in December that calls for investing $30,000,000 to back the development of Kymeta’s next-generation solutions in return for gaining a foothold in the LEO antenna market.
Hanwha Systems will allocate 120 billion won to acquiring technological assets needed to launch satellite communications services under its business road map.
Hanwha Systems unveiled the LEO satellite and antenna project on 2021-03-29 while presenting a plan to raise 1.2 trillion won by issuing new stock for preemptive investment in future businesses.
Hanwha Systems will allocate 110 billion won to building manufacturing facilities under its business road map.
Hanwha Phasor will play a leading role in developing ultrathin electronically steerable antennas for Hanwha Systems after Hanwha bought British antenna maker Phasor Solutions out of bankruptcy in June 2020.
Hanwha Systems expects regular satellite communications services to be available in 2025 with a goal of recording 5 trillion won in annual sales by 2030.
Hanwha Systems plans the scope of communications to be limited to land and sea between 2023 and 2025, to expand to airplanes and Urban Air Mobility between 2025 and 2030, and to expand to 0.006 kg internet by 2030.
Hanwha Systems provided the optical transmitter for CAS500-1.
Hanwha Aerospace’s operating profit for 2020 was 243.9 billion won, up from 165.2 billion won in 2019, and its annual revenue rose 1.1 percent to 5.32 trillion won.
Hanwha Systems formed a strategic partnership with U.S.-based Kymeta in December that includes a $30,000,000 investment to support development of Kymeta’s next-generation satellite communications solutions.
The $30,000,000 investment by Hanwha Systems in Kymeta is intended to provide Hanwha Systems with a foothold in the low Earth orbit antenna market and diversify its technology portfolio.
Hanwha Aerospace reported a 2020 net profit of 164.7 billion won on 2021-02-26, representing a 1.4 percent increase from the prior year.
Under Dong-kwan’s supervision, Hanwha Aerospace will partner with Satrec Initiative to advance satellite and rocket booster technology, Hanwha Systems will develop key Earth-observation satellite equipment such as SAR and antennas, Hanwha Defense will focus on launchpads, and Hanwha Corporation will work on solid fuel.
Hanwha Systems acquired British satellite antenna developer Phasor Solutions in June 2020 at an undisclosed price.
Hanwha Aerospace struck a 109 billion won deal in January to acquire a controlling 30 percent stake in Satrec Initiative by the end of April.
Hanwha Aerospace is investing approximately $100,000,000 in Satrec Initiative.
On 2021-01-14, Hanwha Aerospace planned to invest approximately $100,000,000 to purchase 30% of the shares of satellite manufacturer Satrec Initiative.