Perigee Aerospace of Daejeong, South Korea, has raised around $12 million from Samsung Venture Investments, LB Investment and others to develop Blue Whale 1, a small launcher capable of carrying 50 kilograms to a 500-kilometer sun-synchronous orbit, CEO Yoon Shin said in an interview.
Arianespace completed its final Ariane 5 launch of 2018 and penultimate overall mission for the year on Dec. 4, carrying a satellite for India and another for South Korea to geostationary transfer orbit.
Tuesday's briefing begins with ILS being chosen to launch Korea's Kompsat-6 satellite on an Angara 1.2 rocket.
The Geostationary Environment Monitoring Spectrometer (GEMS) that Ball Aerospace is building for South Korea’s multipurpose Earth-observing Geo-Kompsat 2B satellite passed its critical design review in February.
The launch, which had been delayed because of Dnepr availability, is the latest sign that despite the year-long hostilities between Russia and Ukraine, cooperative efforts that generate hard currency, such as Denpr, are being maintained despite occasional statements to the contrary in Russia.