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Hanwha to develop storable bipropellant thrusters koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Hanwha Systems to launch $1.1 bn rights issue in June Two other Hanwha units as top shareholders to apply for extra issues Jin-seong Kim 2 HOURS AGO Hanwha Systems Butterfly, a personal air vehicle under development with Overair, a US air taxi startup Hanwha Systems Co., which leads the satellite communication and urban air mobility (UAM) businesses of South Korea s Hanwha Group, is set to launch a rights offering next month to raise around 1.2 trillion won ($1.1 billion) as the company is looking for new M&A targets and boosting R&D spending. On May 31, the Hanwha Group unit will price its new 78.7 million shares that amount to 71.3% of its current outstanding shares. The estimated issuance price of 15,800 won apiece is 13% below the current market price. ....
Hanwha teams up with KAIST to establish joint space research center Lim Chang-won Reporter([email protected]) | Posted : May 17, 2021, 14:17 | Updated : May 17, 2021, 14:17 트위터 공유하기 [Courtesy of Hanwha] SEOUL South Korea s Hanwha Group joined hands with a leading state research body to establish a joint space research center that would develop space technologies, starting with low-orbit satellite communication technology that uses lasers to exchange data between satellites. The group said it would inject some 10 billion won (8.8 million) into the center set up by the Korea Advanced Institute of Science & Technology (KAIST) and Space Hub, a group-wide team led by Hanwha Solutions president Kim Dong-kwan, the eldest son of group chairman Kim Seung-yeon. The team will combine different products or services such as satellite components from Hanwha Systems and Satrec Initiative, a domestic satellite company controlled b ....