JEJU, Dec. 2 (Korea Bizwire) — South Korea took a major step toward expanding its private-sector space industry on Tuesday as Hanwha Systems opened the nation’s largest commercial satellite manufacturing complex on Jeju Island. The new Hanwha Jeju Space Center, located in Seogwipo’s Hawon Techno Campus, spans 30,000 square meters—roughly the size of four soccer fields—and [...]
SEOUL, May 26 (Korea Bizwire) — Hanwha Systems Co. said Tuesday it has been selected as the developer of a multifunction radar (MFR) prototype for South Korea’s next-generation long-range surface-to-air missile (L-SAM) defense system. The company said it has won a 54.7 billion-won (US$40 million) contract from the state-run Agency for Defense Development to develop [...]
SEOUL, Dec. 27 (Korea Bizwire) — Hanwha Systems Co. said Friday it will export arms control systems for the K11 fire command armored vehicle and the upgraded K9A1 self-propelled howitzer to Egypt. Hanwha Systems said it will supply the fire command system for 51 K11 units and the fire control system for 216 K9A1 units, [...]
SEOUL, July 9 (Korea Bizwire) — Hanwha Systems Co., a South Korean defense solutions company, said Tuesday that it has clinched a 1.2 trillion-won (US$866.8 million) deal to supply multi-function radar (MFR) for the Cheongung-II medium-range surface-to-air missile (M-SAM) system, which will be exported to Saudi Arabia. This deal is part of a larger [...]
SEOUL, Apr. 29 (Korea bizwire) — Hanwha Systems Co., a defense electronics and ICT solutions unit under Hanwha Group, said Monday it will hold a groundbreaking ceremony for a new space center on South Korea’s southern island of Jeju. The Jeju Hanwha Space Center, set to be built at Hawon Techno Campus in southern Jeju, [...]
SEOUL, Apr. 18 (Korea Bizwire) — Hanwha Systems Co., a South Korean defense solutions company, said Thursday its small synthetic aperture radar (SAR) satellite has successfully conducted a mission for Earth observation by capturing images of landmarks in major cities, including New York and Dubai. The images were taken by Hanwha Systems’ small SAR satellite [...]
SEOUL, Nov. 22 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of South Korea’s Hanwha Group, said Wednesday it plans to launch a small synthetic aperture radar (SAR) satellite within the year. The company said it plans to deploy the self-developed SAR satellite into space over the southern waters of Jeju Island [...]
SEOUL, July 11 (Korea Bizwire) — Hanwha Systems Co. said Tuesday it has obtained a government license to operate as a satellite internet service provider, as it ramps up to advance into the space internet sector with an eye on military demand. The authorization by the Ministry of Science and ICT allows Hanwha Systems, the [...]
SEOUL, June 23 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of South Korea’s Hanwha Group, said Friday it and the state-run airports operator have signed deals with a Dutch and a British partner to collaborate on urban air mobility (UAM) technologies. Hanwha Systems and the Korea Airports Corp. (KAC) clinched a [...]
SEOUL, May 12 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of South Korea’s Hanwha Group, said Friday it has won a US$34.5 million contract to supply its combat management system (CMS) to the Philippine Navy. Hanwha’s indigenous combat system will be installed in six 2,400-ton offshore patrol vessels, in a deal [...]