Hanwha Aerospace Company

Hanwha Aerospace is South Korea's only manufacturer of aircraft engines, focusing on the development, production, and maintenance of advanced gas turbine solutions. The company operates through two primary divisions: aircraft engines and aero mechanical systems. The aircraft engine division specializes in precision machining to create and maintain high-quality engines, while the aero mechanical systems division provides essential components such as hydraulic parts, flight control actuators, and fuel systems to aerospace and defense companies. Hanwha Aerospace aims to establish itself as a leader in the industry by prioritizing customer satisfaction through competitive quality, pricing, and delivery.

Hyun-woo Shin

CEO and Chairman

7 past transactions

Shield AI

Series F in 2025
Shield AI Inc is a San Diego-based company that specializes in developing artificial intelligence systems for national security and first responders. Founded in 2015, the company creates products that enhance safety for service members and civilians through advanced AI technologies. Its prominent offerings include Nova, an autonomous quadcopter drone equipped with lidar technology, capable of navigating in GPS-denied environments to provide real-time imagery and mapping for military operations. Additionally, the company’s Hivemind software allows various unmanned vehicles, including drones and aircraft, to operate autonomously without GPS or human intervention, thereby maintaining maneuverability in contested settings. Shield AI also incorporates the V-BAT, a vertical takeoff and landing aircraft, which has demonstrated resilience in challenging regions such as the Black Sea and the Middle East. The company aims to transform defense operations through innovative machine learning applications, enabling unmanned systems to perform complex tasks in dynamic and unscripted environments.

DynaMac Holdings

Secondary Market in 2024
Dyna-Mac Holdings specializes in the filed of engineering, procurement, fabrication, construction of offshore FPSO and FSO.

Forge Nano

Series C in 2023
Forge Nano Inc. specializes in manufacturing nano material coatings primarily for lithium-ion battery and catalyst applications. The company provides precision coatings for cathode and anode powders, addressing key degradation issues in lithium-ion batteries, such as transition metal dissolution and active material instability. Its offerings include lab-scale tools, industrial-scale tools, toll coating services, and ready-to-use products. Utilizing proprietary Atomic Layer Deposition techniques, Forge Nano achieves angstrom-thick coatings that are fast, affordable, and commercially viable for various materials and applications. Founded in 2013 and based in Louisville, Colorado, Forge Nano was formerly known as PneumatiCoat Technologies.

infiniDome

Series A in 2023
Infinidome Ltd. is a wireless security company that specializes in developing solutions to protect connected and autonomous vehicles, unmanned aerial vehicles (UAVs), and critical infrastructure from jamming and spoofing attacks targeting Global Positioning System (GPS) and other wireless communication signals. The company produces GPSdome, a non-military device designed to safeguard trucks, UAVs, and various infrastructures from GPS interference. Additionally, Infinidome offers OtoSphere, an add-on module that enhances the protection of GPS positioning, navigation, and timing systems. Founded in 2016 and based in Caesarea, Israel, Infinidome aims to provide effective and easily installable GPS protection, akin to antivirus software, allowing users to defend against low-cost jamming threats.

Hanwha Munitions

Acquisition in 2023
Hanwha Munitions is a manufacturing company operating in the defence sector that develops advanced ammunitions and military products.

Fortem Technologies

Venture Round in 2023
Fortem Technologies, Inc. specializes in developing and manufacturing AI-enabled solutions for airspace security and safety, focusing on intrusion detection and detect-and-avoid systems for drones and unmanned aircraft vehicles (UAVs). The company offers a range of products, including advanced radars designed for aircraft integration, the ThreatAware AI analysis engine for real-time data assessment, and the DroneHunter, which provides perimeter intrusion detection and protection. Fortem’s technologies support organizations in safely transitioning their unmanned operations beyond visual line of sight, enhancing situational awareness and enabling comprehensive airspace management. Founded in 2016 and headquartered in Provo, Utah, Fortem Technologies is backed by various investors and aims to provide innovative solutions that meet industry and regulatory standards.

Overair

Series B in 2022
Overair is a company that designs, develops, and manufactures electric vertical takeoff and landing (eVTOL) aircraft, primarily for air taxi and aerial mobility operations. Founded in 2019 and based in Santa Ana, California, Overair's aircraft are characterized by their ability to land vertically and operate from small landing pads. With a maximum speed of 200 mph, these all-electric vehicles are powered solely by batteries, offering a new mode of aerial transportation that aims to alleviate traffic congestion. By providing a safe, affordable, and reliable means of travel, Overair seeks to transform urban mobility and enhance the efficiency of transportation networks.
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