![Hanwha Aerospace bets big on space business]()
Hanwha Aerospace, the leading aircraft engine producer in South Korea, is stepping up efforts to expand its space business.
![Hanwha Aerospace claims 30% stake in Satrec Initiative]()
Hanwha Aerospace, South Korea’s largest defense company, announced plans Jan. 14 to invest approximately $100 million to purchase 30% of the shares of satellite manufacturer Satrec Initiative.
