Hyundai Rotem Plans 300 Billion Won Aerospace Production for Ramjet Engines
Hyundai Rotem is advancing ducted ramjet and dual-mode ramjet propulsion by running intensive performance validation at South Korea’s only Seosan liquid rocket engine test site and using test data to refine engine design and manufacturing. It plans to invest 300 billion won by 2034 to build an aerospace production facility for ducted and dual-mode ramjet R&D and production, supporting related long-range missile development needs.