South Korea’s Hanwha to expand space business portfolio with rocket development
Hanwha Aerospace unveiled the plan Dec. 6, saying it recently held a joint meeting with South Korea's space agency for preliminary requirement review on their envisioned rocket. SpaceNews
Introduction
At Hanwha, we provide solutions to create sustainable infrastructure on Earth and in space by innovating proprietary technologies. We have accumulated expertise in a range of business areas focused on the future of humanity, developing original aerospace technologies including engines for space-launch vehicles, advanced Earth orbit observation, satellite-based communication capabilities and urban air mobility (UAM). But our solutions have a far greater reach. As part of our bold vision for the future, Hanwha is also creating an industrial ecosystem of land- and ocean-based innovations to enhance the safety and enrich the lives of our customers right here on Earth. Our expansive portfolio includes intelligent AI camera and analysis technology, AIoT platform convergent technology and blockchain security as well as shipbuilding expertise, large-scale plant management, and advanced offshore plant construction capabilities.
See also South Korea’s space mission
Ready for liftoff
in the space age
The Hanwha Space Hub is our cutting–edge task force to explore opportunities in the emerging space industry, overseeing research, development, and investments across the aerospace business spectrum. We are actively developing diverse space business models, including space–launch vehicle engines, satellites and antennas, satellite–based communications, and Earth orbit observation. As we focus on vertical integration to propel the industry to new heights, we are vigorously advancing by partnering with key innovators, such as Satrec Initiative, Kymeta, and OneWeb.
Expanding on our proprietary and original application technologies, Hanwha Aerospace, South Korea’s only aircraft engine producer, is steadily growing as a recognized aircraft engine component manufacturer in partnership with top global aviation engine companies such as Pratt & Whitney, GE and Rolls-Royce. Recently, at the Rolls-Royce Global Aerospace Supplier Conference 2022 in the UK, we were awarded the Trusted to Deliver Excellence Award for our highest level of reliability and on-time delivery performance.
Making Waves
in the Marine Industry
With a lineup of advanced technologies and innovations, Hanwha Ocean is pioneering a new era of ocean and marine solutions. Our top-notch facilities, including the world’s largest 1-million-ton dock and 900-ton Goliath crane, produce high-quality ships and offshore plants. Thanks to our expertise in LNG-related technology, our LNG carriers are the world’s most competitive, and have set the industry’s global standards for accurate delivery and first-rate technological prowess. With our IT-based systematized shipbuilding technology, advanced offshore plant construction capabilities, large-scale plant management capabilities, and industry expertise, we offer leading services in the shipbuilding and offshore sectors as a total solutions provider. Looking forward, Hanwha Ocean is expanding our reach to introduce products that will drive positive environmental change. By focusing on smart digital technology and green solutions, we will work tirelessly to pioneer future markets and usher in a new era of energy for the marine industry.
