Every Bulletin story and press release covering Hanwha Group, newest first.
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Hanwha says it will be better positioned to drive improved performance of the company's global supply chain and develop a centre of excellence for the company's engineering and technology investments.
Hanwha will now be responsible for all actuation systems of the VX4. The development of actuation systems includes the design and mass production of the propeller tilt and pitch change mechanisms.
The electromechanical actuators for Vertical’s VX4 electric aircraft will provide tilt and pitch control for the four forward propellers, and aerodynamic control surface actuation on the wing and V-tail.
The total project cost is about 21 billion won over four years, and Hanwha aims to secure core technologies for hydrogen fuel cells for aviation by 2025, such as improving fuel cell performance and reducing system weight.