Clarification - "Hanwha Defense Australia and Hanwha Systems have signed an MoU with AI company 4Zero to work on improving low-Earth orbit satellite communications.
The agreement follows an already existing memorandum of agreement (MoU) between Hanwha Defense Australia (HDA) and Deakin University for work on the same project.
The companies officially sealed the deal [MoU] at the Land Forces International Land Defence Expo that occurred in Brisbane this week.
HDA is seeking to leverage 4Zero’s specialist experience in AI and internet of things technologies to improve their current satellite communications offerings.It will also look to its Korean-based sister company Hanwha Systems, a division of the massive Hanwha Corporation, to provide international solutions and cooperation for the satellite communications project.
Speaking about the deal, the managing director of HDA, Richard Cho, said, “LEO SATCOMs is an exciting space, and we are partnering with some of Australia’s leading companies in this domain.”
“Our recent familiarisation trip to Korea with these organisations was a great chance for everyone to see how we can work together, not just in Australia but more widely,” he said.
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