DECEMBER 6, 2022 INSIGHT: NORTHEAST ASIA South Korea enters space race, launches new aerospace agency THE TAKEAWAY Following the successful launches of Naro, Nuri, and Danuri, the South Korean space industry formally South Korean President Yoon Suk-yeol’s meeting demanded the national government create a national with SpaceX CEO Elon Musk — and Yoon’s release aerospace agency to kick-start a new s. [...] On November 28, Yoon released a road map for the space industry and South Korea launched its first space rocket, Korea announced that the South Korean government would Space Launch Vehicle (KSLV)-I “Naro,” in 2013 with establish the Korea Aerospace Agency (KAA) by the a first-stage rocket booster developed by Russian latter half of 2023. [...] South Korea first became serious about developing The feat made South Korea one of the few countries space launch vehicles in the late 1990s in response able to place practical satellites above a tonne in to North Korea’s attempts to launch space rockets orbit by themselves. [...] If against the North, South Korea seeks to use the the KAA is established in Sacheon as expected, the space industry as a new engine for national nascent space industry could help balance South economic development. [...] experts are demanding that the KAA be established as The advancement of South Korea’s space technologies a presidential agency to effectively deal with cross- is expected to be a boon to many related industries, ministry affairs, rather than having the KAA under including the defence industry, and the provision of the Ministry of Science and ICT.
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