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Hanwha Systems Wins Preferred Bidder Status for SAR Satellite Development

Hanwha Systems Wins Preferred Bidder Status for SAR Satellite Development

BitgetBitget2026/10/30 09:55
  • Hanwha Systems was selected on Oct. 30, 2026, as preferred bidder to develop a constellation of small synthetic aperture radar satellites.
  • The Agency for Defense Development project carries a proposed contract value of KRW 334.97 billion, excluding value-added tax.
  • The proposed contract represents 9.1% of 2025 consolidated revenue.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hanwha Systems Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030801362), on October 30, 2026, and is solely responsible for the information contained therein.

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