South Korea signed the Artemis Accords May 27, becoming the 10th signatory to the pact that governs norms of behavior for those who want to participate in the NASA-led Artemis lunar exploration program.
With Artemis Accords on the table, South Korea, U.S. to widen cooperation in space exploration, security
The commitment to work toward South Korea becoming a formal signatory of the Artemis Accords was part of a broader agreement reached between the two leaders in the field of space during a U.S-South Korea summit May 21 at the White House.
South Korea is in last-minute negotiations with the United States to join NASA’s Artemis program, a South Korean news outlet reported May 18, citing government sources.
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.”
Space will command nearly 45 percent of the $1.9 billion Korea Aerospace Industries (KAI) has set aside for a broader five-year growth plan.
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.
Kencoa Aerospace Corp., a South Korean aircraft assembler and parts supplier that has NASA, SpaceX and Blue Origin as clients, is planning to expand its U.S. parts manufacturing plant in Georgia.
South Korea will spend 615 billion won ($553.1 million) in 2021 on space activities aimed at bolstering its capacity to produce satellites, rockets and other key equipment.
SpaceX’s customer for the Anasis-2 mission was Lockheed Martin on behalf of the government of South Korea.
Arianespace completed its third launch of the year Feb. 18, sending a Japanese communications satellite and a South Korean weather satellite into geostationary transfer orbits.
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.