# Hanwha Systems to acquire 9.1% stake in Kymeta

Hanwha Systems will complete the acquisition of a 9.1% stake in U.S. satellite antenna maker Kymeta for 33.2 billion won on May 28, 2021. The deal includes exclusive distribution rights for Kymeta products in South Korea and joint development of next-generation electronic satellite communication antennas.

- Type: Acquisition
- Announced: 2021-05-25
- Where: United States
- Value: $29.5M (33.2B KRW)
- Status: announced
- Products: satellite antennas
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hanwha Systems](https://endata.com/companies/55380.md) (acquirer)
- [Kymeta](https://endata.com/companies/55381.md) (target)

## Sources

- [sedaily.com](https://www.sedaily.com/article/13080188), 2021-05-25: "한화시스템은 이날 카이메타 지분 9.1%(332억 원)인수에 대해 24일 미국 외국인투자심의위원회 승인을 완료했고 28일 최종 인수 작업이 완료된다고 공시했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.