The World Radiocommunication Conference-23 (WRC-23), an international negotiation event for the international distribution of frequencies, successfully identified candidate frequencies for the development of 6th generation (6G) mobile communication. In particular, three of the four candidate bands p
Korea Aerospace Industries (KAI) and Hyundai Rotem announced on Oct. 19 that they have signed a memorandum of understanding (MOU) for future space sector cooperation at Seoul International Aerospace & Defense Exhibition (Seoul ADEX 2023) on Oct. 18.KAI has earmarked its space mobility venture as one
Hanwha Group will localize key satellite components imported from overseas.Hanwha Corp. announced on June 28 that it will invest 8 billion won by 2025, together with the Korea Aerospace Research Institute, to develop a hypotonic bipropellant thruster. A thruster controls a satellite’s position and a
Korea Development Bank (KDB) has become the first Korean bank to participate in a project finance arrangement for a satellite project.KDB recently signed an agreement with HSBC, Banco Santander and the Asia Infrastructure Investment Bank to jointly arrange a US$431 million loan for the Indonesian go
Korea Aerospace Industries (KAI) announced on Feb. 3 that it has launched the New Space Task Force at its headquarters in Sacheon, South Gyeongsang Province, to preemptively respond to changes in the space industry.KAI has set the goal of completing a value chain for the space industy to secure futu
The authors are analysts of NH Investment & Securities. They can be reached at jinmyung.choi@nhqv.com and hyundong.lee@nhqv.com, respectively. – Ed. Korea is a late-starter in the space development arena. The annual budget allocated for the Korea Aerospace Research Institute (KARI), a leading govern
ANASIS-II, the first military-only communication satellite of South Korea, was successfully launched at 06:30, July 21. As a result, South Korea has become the 10th country in the world that has its own dedicated military satellite.About 32 minutes after the launch, the satellite-launch vehicle sepa
The successful launch of the Cheonrian 2B, an environmental and marine observation satellite developed by Korea's own technology in the morning of Feb. 19 (Korean Standard Time) is expected to further solidify Korea's position as a geostationary satellite powerhouse with three geostationary
The Korean government has started transporting Cheollian Satellite 2B, a complex geostationary orbit satellite, to an overseas launch site for its liftoff on Feb. 19.Cheollian Satellite 2B has left the Korea Aerospace Research Institute (KARI) and will be transported in a vibration-free constant-tem
The Korea Aerospace Research Institute (KARI) has recently released a report on major research and development plans that it will carry out in 2020.According to the report, Korea is expected to make a big leap in the commercial, military and scientific satellite sectors this year. First, the Chollia
EDISOFT, a Lisbon-based software developer, has been selected as provider of a unified software solution for the leading defense company LIG Nex1, in Korea, the Portuguese company announced on April 3.EDISOFT has been developing RTEMS by EDISOFT since 2006 for several leading aerospace projects, inc
Korea Aerospace Industries Ltd. (KAI) will build a space center to accelerate the development of space technology. The company plans to boost its annual space business sales from the current 200 billion won (US$177.46 million) to 1 trillion won (US$887.31 million) by 2030.KAI and Sacheon City of Sou
With the successful launch of Cheollian Satellite 2A, South Korea has stepped up to a next level of technology independence for geostationary satellite development. Geostationary satellites refer to the satellites that travel at the same speed as the Earth's rotation in a certain orbit for conti
The Korea Space Launch Vehicle-2 Nuri was successfully test-launched on Nov. 28, with the test fire burning for 151 seconds, which exceeded the targeted duration of 140 seconds.The launch vehicle, which is scheduled to be formally launched in 2021, is a three-stage rocket developed on South Korea’s
The South Korean government postponed the launch of the Korea Space Launch Vehicle (KSLV) from December 2019 to February 2021 and postponed the landing of its lunar module to 2030. Still, it is going to launch a test vehicle in October this year and launch a lunar orbiter in 2020 by using a foreign
Korean technology and capital will build its own global positioning system (GPS) which Korea has used by fully depending on advanced countries such as the United States. The Ministry of Science and ICT is planning to finalize the third space development promotion plan including the construction of t
KT SAT announced a successful launch of Koreasat 7 in Guiana, France on May 5 (local time), which now allows KT SAT to have four communications satellites including Koreasat 5, Koreasat 6, and Koreasat 8 which is a condosat.Koreasat 7 is expected to reach its geostationary orbit on May 15 and begin
The Korean government and the Korea Aerospace Research Institute (KARI) will accelerate satellite technology independence and industrialization this year. This is a strategy to lay the foundation for the development of private satellites through the independent development of satellites and a transf
Korea is actively seeking to take the initiative in discussions to standardize the 6GHz frequency band, in an effort to lead the 5G standard frequencies discussion. The nation is also aiming to increase its influence in international organizations by leading discussions on frequencies for the next-g
Korea plans to develop a space vehicle on its own and launch it during the first half of 2020, and send up a lunar orbiter and a lunar lander for itself before the end of the same year. In the longer term, it is planning to explore Mars, asteroids, and deep space to join the ranks of space industry