Hanwha Systems invests $30M in Kymeta for LEO satellite antenna collaboration
Hanwha Systems agreed to invest $30 million in Kymeta and collaborate on low-Earth-orbit satellite antenna solutions.
Evidence notes
- The investment targeted Kymeta's metamaterial-based electronically steerable antenna technology.
- Hanwha Systems and Kymeta planned to develop LEO antenna solutions for South Korea and other markets.
- Hanwha tied the deal to satellite communications and vehicle, vessel, and fixed-platform connectivity.
Company context
Hanwha Systems develops defense electronics, radar, electro-optical systems, C2, communications, satellite, and digital systems for military and aerospace markets.