Targeting the B2G and B2B Satellite Communication Markets

Hanwha Systems has completed its registration as a licensed telecommunications carrier with the Ministry of Science and ICT and is launching an attack on the satellite communication market for B2G (business-to-government) and B2B (business-to-business) transactions. It passed the review about a month after applying for the licensed telecommunications carrier registration in June.

Hanwha Systems Completes Registration as Licensed Telecommunications Operator... Accelerates Space Internet Service View original image

On the 11th, Hanwha Systems announced that it had acquired the qualification as a licensed telecommunications carrier capable of providing communication services to businesses and other users. Hanwha Systems is a "licensed telecommunications carrier without line facilities," meaning it does not build its own communication network, but by utilizing OneWeb's low Earth orbit communication network, it can now fully launch its "space internet" service that provides ultra-high-speed internet.


So far, Hanwha Systems has been preparing to enter the low Earth orbit satellite communication market by investing $300 million (approximately 345 billion KRW at the time of investment) in the UK-based OneWeb in August 2021. OneWeb's main business is "space internet," which provides ultra-high-speed internet worldwide by deploying numerous small communication satellites at an altitude of 1,200 km in low Earth orbit. By May, OneWeb had launched all 634 low Earth orbit communication satellites to complete its space internet network and plans to provide global satellite services starting at the end of this year.


Hanwha Systems plans to first promote the construction of a military low Earth orbit satellite communication network. It is concretizing a blueprint that connects the entire battlefield in real time by sharing battlefield situation information detected by ultra-small SAR satellites through low Earth orbit satellite communication and terrestrial networks. It also plans to enter the B2B communication service market that can be used in aircraft, ships, trains, vehicles, and UAM (Urban Air Mobility) aircraft.



Kim Jeong-ho, Head of Hanwha Systems' Aerospace Division, said, "Hanwha Systems is transforming into a 'global hyperspace network' company by entering the low Earth orbit satellite communication field based on its unique defense, communication, and radar technology capabilities," adding, "We will provide satellite IoT (Internet of Things) services in various fields including UAM."


This content was produced with the assistance of AI translation services.

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