Hanwha Techwin Co., defense unit of South Korean conglomerate Hanwha Group, announced Monday that the company signed a 14.1 billion won ($11.7 million) contract with Korea Aerospace Research Institute (KARI) to supply a liquid fuel rocket engine for the state-led Korea Space Launch Vehicle II (KSLV-II).
Under the contract, Hanwha Techwin will supply a 75 ton-class engine and a turbo pump, which supplies fuel to an engine, by the end of this year. This is the second KSLV-II project that the company has participated. It previously developed a turbo pump and the third-stage engine combustion testing facility during the Phase I of the KSLV-II project (2010-2015). The Phase II project is scheduled between 2015 and 2018.
Assembling a liquid fuel rocket engine requires highly advanced technology as the engine has to withstand environmental extremes including high temperature, high pressure and extremely low temperature.
Hanwha Techwin expects it will play a pivotal role in the advancement of the country’s aerospace industry by successfully providing a liquid rocket engine using its indigenous technology.
By Kim Jung-hwan
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]