The company said it signed a teaming agreement, or TA, with Hanwha Ocean and Spartec at ‘CPSP Partners Day’ held April 28 (local time) in Montreal to strengthen competitiveness for Canada’s next-generation submarine program, known as CPSP. Kolon Spaceworks said the agreement establishes a cooperation framework with a local partner that has manufacturing capabilities and helps secure localization capacity needed to carry out the project.
Under the CPSP effort, Kolon Spaceworks said it will work with Spartec, a Canadian composites company, to expand in North America based on its own technology. Spartec is headquartered in Erin, Ontario, and has more than 40 years of experience producing composite parts for the automotive, industrial and defense sectors, the company said.
Kolon Spaceworks said it plans to use the agreement to find additional local partners and broaden cooperation with institutions, strengthening its mid- to long-term business base in the North American defense market.
CEO Ahn Sang-hyun said the deal will reinforce the company’s cooperation network with Canadian partners and contribute to improving competitiveness across Canada’s defense industry. He said Kolon Spaceworks aims to have its core technologies, proven through domestic submarine projects, recognized in global markets and to expand cooperation into aviation and space.
* This article has been translated by AI.
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