[FETV=김창수 기자] Hanwha is fully engaged in the space industry. It is by bringing together core technologies that have been scattered across several companies. Hanwha announced on the 7th that “The’Space Hub’, which will lead the entire space industry, will be launched.”
The role of leading the hub is Kim Dong-gwan, president of Hanwha Solutions. President Kim was recommended as a registered executive of Hanwha Aerospace on the 26th of last month. The team leader at Space Hub is his first seat.
Hanwha Aerospace engineers who participated in the development of the Korean launcher, Nuri, are the center of the hub.
Hanwha Systems’ communication and video equipment specialists, Hanwha’s weapons system specialists, and Setrec I, who recently decided to work with Hanwha, are expected to participate in the future.
President Kim said, “I saw that in order to compete with world-class companies, we need expertise and full support,” and “I will find a shortcut to space with engineers.”
◆’Comprehensive Situation Room’ full of realism… President Kim Dong-gwan meets the engineer head-to-head
Private space development is a global trend. Morgan Stanley predicts that the space industry market will grow to about $1.1 trillion (about 1220 trillion won) in 2040, led by private companies. US SpaceX and Blue Origin are already paying off.
Hanwha plans to monitor trends in overseas private space projects and set research directions and business models through the Space Hub.
Hanwha said, “Hub is not an organization at the top of each company, but a comprehensive situation room in the space sector full of realism.”
The Space Hub will focus on research and investment by dividing into the fields of manufacturing such as launch vehicles and satellites, and services such as communication, earth observation, and energy. It is also planning to actively recruit talented people in the field.
It will also study ways to link the space business with the solar technology of Hanwha Solutions, which is the number one solar module market in the US, and the technology of Shimaron, an American hydrogen and space tank company acquired by Hanwha Solutions.
President Kim Dong-gwan said, “What someone should do is the space industry,” and said, “I will develop with the attitude of fulfilling social responsibilities.”