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Korea Aerospace Industries
Korea Aerospace Industries, Ltd. (KAI; ) is a South Korean aerospace and defense manufacturer. It was originally established as a joint venture of Daewoo Heavy Industries' aerospace division, Samsung Aerospace, and Hyundai Space and Aircraft. p. 97 During 1999, KAI became more independent of its founding members, acquiring their aerospace interests at the behest of the South Korean government following the financial troubles of these companies that had resulted from the 1997 Asian financial crisis. KAI has developed various aerospace products, including the Korean Space Launch Vehicle-II (KSLV-II) and various satellites. It has been involved in the production of several foreign-designed aircraft via licensing arrangements, such as the MBB/Kawasaki BK 117, MBB Bo-105 KLH, and the KF-16. KAI has also developed and produced its own aircraft designs, including the KT-1 Woongbi and T-50 Golden Eagle training aircraft, the KC-100 Naraon general aviation aircraft, and the KU ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Export–Import Bank Of Korea
The Export–Import Bank of Korea, also commonly known as the Korea Eximbank (KEXIM), is the official export credit agency of South Korea.Overview – Korea Eximbank Export–Import Bank of Korea Overview The bank was first established in 1976. Its primary purpose is to support South Korea's export-led economy by providing loans, financing mega projects and thereby facilitating economic cooperation with other countries.Government funds The bank manages the following government funds: * Economic Development Cooperation Fund (EDCF): The EDCF e ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MBB/Kawasaki BK 117
The MBB/Kawasaki BK 117 is a twin-engined light Utility helicopter, utility–transport helicopter. It was jointly developed and manufactured by Messerschmitt-Bölkow-Blohm (MBB) of Germany and Kawasaki Heavy Industries, Kawasaki of Japan. MBB was later purchased by Daimler-Benz and eventually became a part of Eurocopter, which was later rebranded as Airbus Helicopters. On 25 February 1977, MBB and Kawasaki signed a cooperative agreement to abandon their independent efforts to design twin-engined general purpose helicopters in favour of a collaborative venture to development of a new rotorcraft for that role. While the programme's costs were shared equally, the workshare was divided into certain areas of the design. MBB utilised their expertise with the rigid rotor system used on the earlier MBB Bo 105, Bo 105 to develop the majority of the dynamic systems and flight controls, while Kawasaki focused on the airframe, structural elements, and various other components. On 13 June 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Licensed Production
Licensed production is the production under license of technology developed elsewhere. The licensee provides the licensor of a specific product with legal production rights, technical information, process technology, and any other proprietary components that cannot be sourced by the licensor. This is an especially prominent commercial practice in developing nations, which often approach licensed production as a starting point for indigenous industrial development. While licensed production in developing nations provides stimulus to the production and technical capabilities of local industry, in many cases it remains at least partly dependent on foreign support. History The four most common applications of licensed production have historically been automotive engines and parts, weaponry, aircraft, and pharmaceuticals. During World War I, it was more common for licensing agreements to take place between companies in the same country; for example, Opel was granted a license to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Satellite
A satellite or an artificial satellite is an object, typically a spacecraft, placed into orbit around a celestial body. They have a variety of uses, including communication relay, weather forecasting, navigation ( GPS), broadcasting, scientific research, and Earth observation. Additional military uses are reconnaissance, early warning, signals intelligence and, potentially, weapon delivery. Other satellites include the final rocket stages that place satellites in orbit and formerly useful satellites that later become defunct. Except for passive satellites, most satellites have an electricity generation system for equipment on board, such as solar panels or radioisotope thermoelectric generators (RTGs). Most satellites also have a method of communication to ground stations, called transponders. Many satellites use a standardized bus to save cost and work, the most popular of which are small CubeSats. Similar satellites can work together as groups, forming constellatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuri (rocket)
Nuri (; , meaning 'world' in native Korean language, Korean), also known as KSLV-II (Korean Space Launch Vehicle-II), is a Multistage rocket, three-stage launch vehicle, the second one developed by South Korea and the successor to Naro-1 (KSLV-1). It is developed by Korea Aerospace Research Institute (KARI). All three stages use indigenously developed launch vehicle engines, making Nuri the first indigenously developed South Korean orbital launch vehicle (the Naro-1 launch vehicle used a Russian-made first stage). History The South Korean government has striving to develop relatively cheap and reliable rockets competitive enough for the commercial launch market. On 21 October 2021, Nuri made its initial orbital launch attempt at 08:00 UTC and it launched a dummy satellite payload into what was planned to be a Sun-synchronous orbit (SSO). However, despite the payload reaching the targeted apogee (700 km), the third stage shut down about 46 seconds earlier than planned a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Asian Financial Crisis
The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid, and worries of a meltdown quickly subsided. Originating in Thailand, where it was known as the ''Tom yum, Tom Yum Kung crisis'' () on 2 July, it followed the financial collapse of the Thai baht after the Thai government was forced to floating currency, float the baht due to lack of list of circulating currencies, foreign currency to support its currency fixed exchange rate, peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, other Southeast Asian countries and later Japan and South Korea saw slumping currencies, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korean Government
The government of South Korea () is the national government of the Republic of Korea, created by the Constitution of South Korea as the executive, legislative and judicial authority of the republic. The president acts as the head of state and is the highest figure of executive authority in the country, followed by the prime minister and government ministers in decreasing order. The Executive and Legislative branches operate primarily at the national level, although various ministries in the executive branch also carry out local functions. Local governments are semi-autonomous and contain executive and legislative bodies of their own. The judicial branch operates at both the national and local levels. The South Korean government's structure is determined by the Constitution of the Republic of Korea. This document has been revised several times since its first promulgation in 1948 (for details, see History of South Korea). However, it has retained many broad characteristics; wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Land, Infrastructure And Transport (South Korea)
The Ministry of Land, Infrastructure and Transport (MOLIT; ) is a cabinet-level division of the government of South Korea. Its headquarters is in the Government Complex, Sejong, Sejong Government Office in Sejong City. Previously the agency was headquartered in the 4th building of the , in Gwacheon, Gyeonggi Province, Gyeonggi-do. The main tasks are establishing and coordinating national territory policy and basic laws related to national territory, preserving and developing national territory and water resources, construction of urban, road and housing, construction of coastal, river and land reclamation. History The ministry was originally the Ministry of Construction and Transportation. The Ministry of Oceans and Fisheries, Ministry of Maritime Affairs and Fisheries was merged into the construction and transportation agency. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerospace Manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of Aircraft design process, designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the Industry (economics), industry supporting aviation by building aircraft and manufacturing aircraft parts for their aircraft maintenance, maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry". Market In 2015 the aircraft production was worth US$180.3 billion: 61% airliners, 14% business and general aviation, 12% military aircraft, 10% military rotary wing and 3% civil rotary wing; while their aircraft maintenance, MRO was worth $135.1 Bn or $ Bn combined. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
