Hanwha to invest 55 tln won in aerospace, AI by 2040
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Source: South Korea
Published: 2026-07-03 16:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Military & Defence, South Korea, Technology & AI, Financial Markets, Asia Pacific, Technology
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Snippet:
SEOUL, July 3 (Yonhap) -- Hanwha Group, South Korea's largest defense and aerospace conglomerate, said Friday it will invest 55 trillion won (US$35.6 billion) in the aerospace and artificial intelligence (AI) sectors by 2040 to develop launch vehicles, satellites and AI data centers.
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