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 an artificial intelligence robotics company based in San Diego, California, focused on developing advanced AI-powered systems for national security and first responders. Incorporated in 2015, the company specializes in creating technologies that enhance the safety of military personnel and civilians. Its flagship products include Nova, an autonomous quadcopter drone equipped with lidar technology that operates effectively in GPS-denied environments, and Hivemind, an AI framework that allows various unmanned vehicles to learn from real and synthetic experiences, enabling autonomous operations without direct human control. Additionally, Shield AI has developed the V-BAT, a vertical takeoff and landing aircraft that can navigate contested environments and has been utilized in regions like the Black Sea and the Middle East. The company aims to transform defense operations by leveraging cutting-edge AI and machine learning technologies to execute complex tasks in dynamic and denied environments.

DynaMac Holdings

Secondary Market in 2024
DynaMac Holdings is an investment holding company that provides services primarily for the marine and oil and gas industries. The company specializes in engineering, procurement, fabrication, and construction of offshore floating production storage and offloading (FPSO) and floating storage offloading (FSO) topside modules. Additionally, it engages in the development of onshore plants and various subsea products. DynaMac's operations are divided into two main segments: Module business and Ad-hoc projects, with the Module business segment generating the majority of its revenue. This segment focuses on detailed engineering, procurement, and construction of topside modules for FPSOs and floating liquefied natural gas (F-LNG) facilities. Through its comprehensive offerings, DynaMac plays a significant role in supporting the infrastructure of the oil and gas sector.

Forge Nano

Series C in 2023
Forge Nano Inc. is a materials science company based in Louisville, Colorado, specializing in the development of precision nano-coating technology for various applications, including lithium-ion batteries and catalysts. Founded in 2013 and previously known as PneumatiCoat Technologies, Forge Nano employs Atomic Layer Deposition (ALD) techniques to create angstrom-thick coatings. These coatings enhance the performance and longevity of materials by protecting against common degradation mechanisms, such as transition metal dissolution and electrode-electrolyte interactions. The company offers a range of products and services, including lab-scale and industrial-scale tools, toll coating services, and ready-to-use solutions, making their technology fast, affordable, and commercially viable across multiple industries.

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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