The chief of South Korea’s space agency has vowed to spin off near-term applications to the private sector and refocus the agency on long-term investments that “won’t pay off until 2050.”
President Moon Jae-in of South Korea has vowed to launch the nation’s first robotic lunar lander on a domestically developed rocket by 2030.
The March 22 launch of South Korea’s CAS500-1 remote sensing satellite has marked the beginning of the country’s journey toward the domestic satellite industry being driven by the private sector.
A Soyuz rocket launched 38 satellites from 18 countries on Monday, including South Korea’s CAS500-1 remote sensing satellite, in the first all-commercial rideshare mission GK Launch Services has arranged without a Russian government satellite onboard.
The launch of a Soyuz-2.1a rocket carrying a South Korean remote sensing satellite and three dozen smaller satellites was delayed Saturday due to a problem with the rocket’s upper stage.