Hanwha Aerospace has taken full control of the Nuri rocket program, marking a turning point in South Korea’s space ambitions. The Hanwha rocket deal includes the complete transfer of development and operational rights from the national space agency.
The Hanwha rocket deal allows the company to manage everything from rocket design and production to future launch operations. This long-term agreement gives Hanwha exclusive authority to upgrade and launch the Nuri rocket through the next decade.
With this move, Hanwha becomes the first private firm in South Korea to lead the full lifecycle of rocket development. It will oversee the next three Nuri launches, which will strengthen its technical skills and deepen its industry leadership.
Previously, Hanwha Aerospace supported the Nuri program by supplying major components such as liquid-fuel engines. Now, the company will manage all launch stages. It will continue working with Korea’s space agency to transfer know-how and ensure mission success.
The Hanwha rocket deal also supports the company’s goal of becoming a top commercial spaceflight provider. Hanwha aims to lower costs and increase reliability by applying innovative methods and proven defense technologies.
In addition, the company is building a vertically integrated space operation. Hanwha will use its experience in land, sea, and air systems to expand into space services. This strategy helps it deliver complete solutions for clients across defense and commercial sectors.
Hanwha Systems, a major subsidiary, will contribute advanced tools such as radar, cybersecurity systems, and high-speed data processing. These technologies support both national defense and space infrastructure. Hanwha also owns Satrec Initiative, a satellite maker that strengthens its space product line.
By combining rocket and satellite capabilities, Hanwha is setting the stage for long-term growth in the space sector. The Hanwha rocket deal gives it control over Korea’s most important launch program and a strong position in the global market.
