(January 27, 2026, 07:51 GMT) — South Korea’s Hanwha Group announced on Tuesday that two of its affiliates, Hanwha Ocean and Hanwha Systems, have entered into memoranda of understanding with five Canadian companies, including the artificial intelligence firm Cohere and satellite communications provider Telesat. This collaboration aims to enhance cooperation in the fields of AI and telecommunications.
The agreements, revealed in an official statement, outline a three-way partnership among Hanwha Ocean, Hanwha Systems, and Cohere to develop large language models and advanced multimodal models. These technologies are set to be optimized for the entire shipbuilding cycle, as well as for systems integration in submarine operations. This strategic move reflects a growing trend of integrating AI capabilities into traditional industries such as shipbuilding, where efficiency and precision are paramount.
In addition to the partnership with Cohere, Hanwha Systems has also aligned with Telesat to explore opportunities within the low Earth orbit telecommunications sector. This collaboration is particularly timely, given the increasing global demand for robust satellite communications infrastructure, which is crucial for both commercial and military applications.
The development of large language models has seen significant advancements in recent years, particularly in how AI can process and generate human-like text. By leveraging these models, Hanwha aims to enhance operational efficiency and decision-making processes within its shipbuilding and defense operations. This initiative signals a larger commitment from Hanwha Group to embrace cutting-edge technology in its business endeavors.
As companies increasingly seek to incorporate advanced technologies into their operations, the partnerships formed by Hanwha could serve as a model for others in the industry. The integration of AI into traditional sectors is not only about enhancing current practices but also about creating new opportunities for innovation and growth. The collaboration with a leading AI firm like Cohere positions Hanwha to potentially lead in the development of intelligent systems that can transform the shipbuilding landscape.
Furthermore, the agreement with Telesat underscores the importance of satellite communication in modern defense strategies and commercial operations. With the proliferation of small satellites and the expanding capabilities of low Earth orbit networks, Hanwha Systems is poised to capitalize on these advancements, further cementing its role in the telecommunications infrastructure market.
In conclusion, the memoranda of understanding between Hanwha Group and its Canadian partners represent a significant step forward in the intersection of traditional industries and emerging technologies. As these collaborations progress, they could pave the way for innovative solutions that address complex challenges in shipbuilding and telecommunications, showcasing the transformative potential of AI and satellite technology in shaping the future of these sectors.
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