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Kymeta and HSC move closer toward the development of Flat Panel Electronically Steered LEO and GEO antenna solutions for South Korean markets and beyond Kymeta Corporation (www.kymetacorp.com)-the
Kymeta — the communications company making mobile global — announced today that Hanwha Systems (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, has signed an agreement to invest $30 million to back the development of Kymeta’s next generation solutions, the Kymeta u8™ and Kymeta Connect™. The investment will further Kymeta’s global market reach, accelerate production of Kymeta products and solutions, and improve the overall growth trajectory of the company. The funding is anticipated to ...
[December 28, 2020] Kymeta Corporation Announces $30 Million Equity Investment by Hanwha Systems to Back Global Mobile Satellite-Cellular Connectivity Kymeta (www.kymetacorp.com) - the communications company making mobile global - announced today that Hanwha Systems (HSC) (www.hanwha.com), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, has signed an agreement to invest $30 million to back the development of Kymeta's next generation solutions, the Kymeta u8™ and Kymeta Connect™. The investment will f...
Kymeta Receives $30M Equity Investment From Hanwha Systems Kymeta, a Redmond, Wash.-based communications company making mobile global, received a $30m investment from Hanwha Systems, a global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure. With the capital investment and upon regulatory approvals, HSC will also receive a seat on the Kymeta Board of Directors. The company intends to use the funds to forther develop its next generation solutions, the Kymeta u8™and Kymeta Connect™, support increased unit production, an...