Catalyst event

Hanwha Systems Co Ltd (272210)

From The Korea Defense Industry Index (KDEF)

Hanwha Systems announced a technology development contract with Hanwha Solution to jointly develop high-efficiency solar cells for satellites, with a KRW 30 billion investment planned until 2028; importance estimated as Low due to size relative to revenue.

Korean translation

한화솔루션과 위성용 고효율 태양전지 공동 개발 기술 계약을 체결하였으며, 2028년까지 300억 원을 투자할 계획임. 투자 규모가 매출 대비 적어 중요도를 낮음으로 예상함.