Corvus Technology Solutions, an Australian high-tech defence company, has recently inaugurated a new office in Gyeonggi-do, near Seoul, South Korea.
The company is currently in the final stages of negotiations with Hanwha Defence Australia, a subsidiary of Hanwha Aerospace Systems based in South Korea, to spearhead the manufacturing of nearly 2,000 suspension units for the Australian Army’s Redback Infantry Fighting Vehicle.
Upon finalisation, this agreement will position Corvus Technology Solutions as one of the principal suppliers to Hanwha Defence Australia for this significant project, the company said in a media release.
Each of the suspension units, of which 14 are integrated into every Redback vehicle, aims to enhance ride quality, comfort, and maneuverability in challenging field conditions.
Moreover, these units boast superior under-vehicle blast resistance and vehicle survivability, setting them apart from alternative designs by eliminating the need for torsion bars.
The newly inaugurated office, operational since March 5, will oversee the seamless transfer of technology from South Korea to Bayswater in Victoria, where manufacturing will be carried out.
Corvus said this move is expected to generate approximately 40 technical jobs throughout the project’s lifespan.
Furthermore, the establishment of the new office will facilitate Corvus Technology Solutions’ integration into South Korea’s dynamic technology, advanced manufacturing, and defence sectors.
This initiative aims to foster future collaborations and explore potential synergies, particularly in projects related to guided missile manufacturing.
Martin Ripple, CEO of Corvus Technology Solutions, expressed enthusiasm about the technology transfer from South Korea and the prospects that lie ahead.
“Having a footprint on the ground will be really important for building relationships with one of our key defence partners, and creating further opportunities for manufacturing here in Australia,” he remarked.
Nick Williams, general manager of Corvus Technology Solutions, echoed Ripple’s sentiments, describing the inauguration of the new office as a crucial moment for the company. ‘
He said, “We’re looking forward to growing the strategic relationships that will enable us to deliver and learn from some of the best Korean manufacturers.”
Corvus Technology Solutions specialises in the development and manufacturing of precision assemblies and automated electro-mechanical defence systems.