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.
- Industry
- Aerospace & Defense
- Location
- United Kingdom
- Transaction Type
- Buyout
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