HELSINKI — South Korea has approved new space strategies, including plans for reusable launch vehicles, as it seeks to become one of the world’s top five space powers. The Korea […]

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South Korea’s KSLV-2 rocket put seven satellites, including one equipped with synthetic aperture radar, into sun-synchronous orbit May 25, although an eighth cubesat is believed to have not deployed properly.

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South Korea’s homegrown KSLV-2 rocket is slated to launch May 24, carrying a 180-kilogram technology demonstration satellite and seven cubesats. 

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South Korea’s homegrown rocket KSLV-2 successfully put satellites into low Earth orbit for the first time in its second flight June 21.

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South Korea is boosting its space spending this year by 19% over 2021 levels as it seeks to bounce back from October’s failed attempt to prove it can put up a satellite without Russian rocket hardware. 

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The failed October debut of South Korea’s KSLV-2 rocket is being blamed on improperly anchored helium tanks inside the three-stage rocket’s upper stage. 

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South Korea’s KSLV-2 rocket reached its intended altitude in its maiden flight Oct. 21, but its third-stage engine shut down 46 seconds early, releasing its 1,500-kilogram dummy payload at less than orbital speed.

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In a bid to nurture its nascent domestic space sector, South Korea is seeking a 640 billion won ($553 million) annual space budget for 2022. If granted in full, it would amount to a 4 percent increase from this year’s 615 billion won.

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Hackers linked to North Korea broke into the network of a South Korean aerospace company last month that holds confidential rocket propulsion technologies developed for the nation’s first indigenous space launch vehicle KSLV-Ⅱ, the state spy agency said July 8.

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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.”

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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.

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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.

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