BAE and Hanwha Systems sign MOU to develop satellite system
10/06/2025 09:06
LONDON, June 10 (Reuters) - BAE Systems BAES.L said on Tuesday that it signed a memorandum of understanding with South Korea's Hanwha Systems 272210.KS to develop an advanced multi-sensor satellite system. "Bringing together our pedigree in space with Hanwha Systems’ expertise in (Synthetic Aperture Radar) satellites represents an exciting opportunity," Rachael Hoyle, space director at BAE Systems' Digital Intelligence, said. (Reporting by Sachin Ravikumar, writing by Sam Tabahriti) ((sam.tabahriti@thomsonreuters.com; +447585976686;))
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