Hanwha Systems’ Post

Hanwha Systems announced on 9th that it will supply Multi-Function Radar(MFR) for the Middle-range Surface-to-Air Missile-II (MSAM-II, Cheongung-II)', for which it signed an export contract with Saudi Arabia this Feburary. The contract is valued at approximately USD 867 million, it marks HSC's second overseas export of Cheongung-II MFR following a deal with UAE in 2022.  https://lnkd.in/gpBAP5gH

Hanwha Systems announced that its in-house venture Flexell Space had teamed up with US satellite manufacturer Terran Orbital, paving the way to enter the US market and expand its businesses. https://lnkd.in/g-VZXPUv

Hanwha Systems announced that it has signed a contract with Leonardo S.p.A. (Leonardo), a leading European aerospace and defense company, to supply its Light Combat Aircraft 'Active Electronically Scanned Array Radar' (AESA Radar) antenna. https://lnkd.in/d2SETPXk

Hanwha Systems announced on 13th that its in-house venture, Flexell Space, signed a memorandum of understanding (MoU) with Inha University to strengthen cooperation in satellite and solar panel technology. https://lnkd.in/gZJix-FZ

Hanwha Systems announced that it will hold a groundbreaking ceremony for the Jeju Hanwha Space Center on April 29th. The Jeju Hanwha Space Center, which will be built at Hawon Techno Campus in Seogwipo-si, is a satellite development and manufacturing facility with a total area of about 11,434 square meters. https://lnkd.in/gMhjj4CY

Hanwha Systems released images of various locations on Earth taken by its small SAR satellite on April 18th, successfully launched on December 4th, 2023. https://lnkd.in/gRsuXY8f

The defense affiliates of Hanwha Group, including Hanwha Systems, Hanwha Aerospace, and Hanwha Ocean, will be participating in the World Defense Show 2024 (WDS 2024), held in Riyadh, Saudi Arabia from 4th to 8th Feb. https://lnkd.in/gGswV8cJ

On Dec. 4, Hanwha Systems has successfully launched South Korea’s first domestically designed and manufactured small Synthetic Aperture Radar (SAR) satellite, a low-orbit Earth observation satellite. This marks the first time a South Korean private company has independently developed, launched, and operated an Earth observation satellite. https://lnkd.in/gAf-FWTJ

On Nov. 22, Hanwha Systems said 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 by the end of the year. https://lnkd.in/gyHdUnNr