Hanwha chairman renews commitment for space business

Hanwha Group Chairman Kim Seung-youn visited Hanwha Systems’ space center on Jeju Island Thursday, renewing the conglomerate’s commitment to its space business. During the visit, Kim expressed gratitude to employees for their efforts for the successful fourth launch of the Nuri rocket. “Following this success, Hanwha will consolidate its status as the leader of Korea’s private space industry by developing a lunar orbiter and the propulsion system for a lunar lander," Kim said. Hanwha Aerospace has billed itself as a private space company by overseeing the manufacturing and assembly process of the Nuri rocket used for the fourth launch in November last year. It also signed an agreement with the Korea Aerospace Research Institute on Dec. 29, 2025, to develop the propulsion system for a lunar lander scheduled to be launched in 2032. “Overcoming challenges to have our satellites monitor climate change on Earth, safeguard national security and contribute to a better life for humanity is the true business value that Hanwha pursues,” Kim said. Kim toured the Hanwha Systems’ Jeju SWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times