SEOUL, South Korea — Hanwha Techniques, the South Korean conglomerate that added a bankrupt phased-array antenna maker to its rising portfolio final 12 months, is planning to construct and deploy a constellation of two,000 satellites in low Earth orbit by 2030 to offer connectivity to city cargo-delivery drones and passenger airplanes.
To that finish, the protection and knowledge know-how arm of Hanwha Group will make investments 500 billion South Korean received ($440 million) by 2023 in creating LEO communications satellites, ultrathin electronically steerable antennas and satellite tv for pc management programs.
The corporate unveiled this mission March 29, whereas presenting a plan to boost 1.2 trillion received by issuing new inventory for “preemptive funding” in its future companies.
“The worldwide competitors is heating up over LEO satellite-based communications market, which has enormous development potential,” Choi Jae-woo, a senior govt accountable for Hanwha’s satellite tv for pc communications enterprise, mentioned throughout an internet presentation. “With ample know-how and experience constructed upon 20 years of engagement in navy communications enterprise, we are going to attempt to develop into one of many main gamers available in the market.”
Below its enterprise street map, Hanwha will make investments:
- 190 billion received in “creating communications applied sciences and satellite tv for pc launch”
- 120 billion received in “buying technological property wanted to launch satellite tv for pc communications providers”
- 110 billion received in “constructing manufacturing services”
- 80 billion received in “satellite tv for pc communications applied sciences”
Choi mentioned trial providers will start in 2023, shortly after the primary batch of satellites is launched. Common providers shall be obtainable in 2025 with the objective of recording 5 trillion received in annual gross sales by 2030, based on the chief.
“Between 2023 and 2025, the scope of communications shall be restricted to land and sea. It will likely be expanded to airplanes and City Air Mobility in 2025-2030, and to 6G web by 2030,” he mentioned.
A Hanwha spokesperson mentioned whereas the corporate will depend on overseas launch autos to place its satellites into orbit, the event of satellites, antennas and supporting programs shall be executed primarily with inside sources.
Phased array antennas
Choi mentioned Hanwha Phasor — a division created when Hanwha purchased British antenna maker Phasor Options out of bankrupty in June 2020 — will play a number one function in creating ultrathin electronically steerable antennas that allow high-speed communications in-flight, at sea, or on land. Phasor’s proprietary applied sciences embody flat-antenna-beam steering and semiconductor chip-design know-how required for transmission and reception, accding to Hanwha.
Satrec Initiative (SI) is one other Hanwha affiliate anticipated to play an vital function within the mission. SI — merged into Hanwha Aerospace in January — is the developer of South Korea’s first satellite tv for pc, KITSAT-1, which launched in 1992. The corporate possesses core applied sciences wanted to supply small and medium-size Earth-observation satellites, floor programs and electrooptical payloads.
U.S. satellite tv for pc communications firm Kymeta could be a key trade accomplice for pushing the mission ahead. In December, Hanwha Techniques formed a strategic partnership with Kymeta that requires investing $30 million to again the event of Kymeta’s next-generation options in return for gaining a foothold within the rising LEO antenna market.
“We’re speaking with different superior gamers abroad to make sure the mission’s clean progress,” Choi mentioned.
City cargo-delivery drones
On prime of this, Hanwha Techniques mentioned it can make investments 450 billion received within the unmanned city air cargo enterprise — 250 billion received in corporations with associated applied sciences or providers and 200 billion received in making flying autos, floor services and different infrastructure.
The corporate has two forms of autos into consideration — an unmanned city air cargo automobile that may fly 150-650 kilometers carrying as much as 500 kilograms of payload, and a smaller cargo drone that may fly as much as 50 kilometers carrying as much as three kilograms of payload. The principle driver of this mission could be Overair, a U.S. private electrical air automobile developer owned 30 % by Hanwha Techniques.
“LEO satellite tv for pc communications system and cargo air autos are interconnected, creating synergy for one another,” Choi mentioned. “That’s why we determined to make inroads into the 2 areas on the similar time.”