Hanwha Systems to shut down aviation satellite antenna subsidiary
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3 Articles
Hanwha Systems to shut down aviation satellite antenna subsidiary
Hanwha Systems Co., the defense industry unit of Hanwha Group, plans to shut down its aviation satellite communication antenna subsidiary and focus on the ground-based antenna business for military applications, according to industry sources Thursday.
Phased-array-antenna designer Hanwha Phasor to shut down, citing ‘revised satcom market forecast’ and parent co pivot - Space Intel Report
TUPPER LAKE, NY — Satellite ground antenna manufacturer Hanwha Phasor of Britain and the United States, which has struggled for years to introduce a product but recently promised an electronically steered unit in early 2025, is shutting down operations, according to industry officials and a company memo to employees. The employee memo, dated Dec. 10, cited “a change in [parent company] Hanwha Systems and Hanwha Aerospace’s strategic direction an…
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