What Happened
Korean Firm Expands Aerospace Footprint With Hanwha Aerospace Deal
Lincsolution Co., Ltd. has secured a significant contract with Hanwha Aerospace Co., Ltd. to develop and verify process parameters for additive manufacturing of lunar lander engine and thruster components. The contract, valued at KRW 1.43 billion, will be carried out through in-house production in the Republic of Korea and is expected to enhance Lincsolution’s revenue base and strengthen its positioning in the emerging space manufacturing supply chain. This development was reported by The Globe and Mail.