SEOUL, March 5 (Korea Bizwire) — The industry ministry and the state defense procurement agency will join hands to develop advanced engines for next-generation fighter jets and unmanned air vehicles (UAVs), officials said Wednesday. The Ministry of Trade, Industry and Energy and the Defense Acquisition Program Administration (DAPA) held a task force meeting to discuss [...]
SEOUL, Sept. 27 (Korea Bizwire) — South Korea has produced the first homegrown engine for the country’s K9 self-propelled howitzer after a yearslong development project, the state arms procurement agency said Friday. The move comes after the country began the 32.16 billion-won (US$24.5 million) project in 2021, involving STX Engine Co., Hanwha Aerospace Co. and [...]
DAEJEON, Nov. 26 (Korea Bizwire) — The Korea Institute of Machinery and Materials said Thursday that it has developed a 5-kilowatt hydrogen fuel engine that can power heavy lift industrial drones. The newly-developed engine supplies hydrogen fuel using the direct spray method while optimizing engine parameters such as ignition and spray. The hydrogen engine has [...]
GOYANG, Jul. 3 (Korea Bizwire) — Hyundai Motor Group said Wednesday it has developed a new engine technology that sharply enhances vehicle performance and fuel efficiency and reduces gas emissions. Hyundai plans to apply its own continuously variable valve duration (CVVD) system initially in its 1.6-liter turbo GDi engine, which will be installed in the [...]
NEW YORK, Aug. 21 (Korea Bizwire) — Data-driven marketing solutions company Engine today announced the appointment of Kasha Cacy as the company’s global chief executive officer, a new position. Effective Sept. 4, Cacy will oversee Engine’s 17 offices across North America, the UK, Europe and Asia-Pacific, leading the company’s marketing solutions offering, from insights and [...]
SEOUL, Dec. 13 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, said Tuesday that its small-sized engine has been selected as one of the global top 10 engines of the year by a major U.S. automotive magazine. WardsAuto included the Kaffa 1.4 gasoline turbocharged and direct-injected engine used in Hyundai Motor’s Elantra Eco [...]