The second-generation product line U8 for low Earth orbit satellite communication by Kaimeta

The second-generation product line U8 for low Earth orbit satellite communication by Kaimeta

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[Asia Economy Reporter Park Sun-mi] Hanwha Systems announced on the 16th that it has made an additional investment of approximately 11 million USD (13.3 billion KRW) in Kaimea, a US-based leading company in electronic beam steering antenna (ESA) technology.


Kaimea is a technology venture company that commercializes and sells electronic satellite communication antenna products. In addition to Hanwha Systems, Kaimea has successfully raised a total of 84 million USD in investments from figures including Microsoft (MS) founder Bill Gates.


With this investment, Kaimea aims to accelerate the production of next-generation flat-panel electronic satellite communication antennas and expand its product offerings for customers in the low-earth orbit satellite communication and defense industry markets.


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Hanwha Systems made its first investment in Kaimea in December 2020, investing 30 million USD at that time and establishing a strategic partnership.


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