Hanwha Systems Acquires Phasor Solutions' Satellite Antenna Business and Assets

June 5, 2020

Hanwha Systems acquired the business and assets of Phasor Solutions, Ltd., a U.K. developer of broadband electronically steerable satellite antennas, in a deal announced as of June 5, 2020. The acquisition secures Phasor's engineers, IP, technical data and test equipment to accelerate Hanwha Systems' entry into LEO satellite communication antenna technology and expand its aerospace and satellite communications capabilities globally.

Buyers
Hanwha Systems
Targets
Phasor Solutions, Ltd.
Location
United Kingdom
Transaction Type
Buyout

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