Korean hardball: How Hanwha acquired satcom antenna designer Phasor at bankruptcy auction

by Peter B. de Selding

PARIS — Call it South Korean hardball.

Hanwha Systems Co. has purchased mobile satcom antenna designer Phasor Solutions Ltd. of Britain, ending a four-month sequence in which Hanwha, consciously or not, played Phasor like a flute. Or maybe it was just Covid-19.

Phasor Solutions of Britain, a 100%-owned subsidiary of Phasor Inc. and the center of its intellectual property development, filed for Britain’s equivalent of Chapter 11, in April, with a sale planned in mid-May: become a subscriber!

You may also like

Our greatest offer yet

You’ve been selected to enjoy 6 months of access to Space Intel Report for just $245.