Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
SK Square’s Swiss unit joins EU quantum satellite project
A Swiss company owned by South Korea’s SK Square Co. has joined a European project to develop a quantum communications satellite, the company ...
Korea's SeAh poised to supply satellite parts to SpaceX
SeAh Changwon Integrated Special Steel Co. is in negotiations with SpaceX to supply steel used for rockets and satellites to become South Korea's fi...
Korean Air launches development of Korean regional GPS system
South Korea's national flag carrier Korean Air Lines Co. on Tuesday announced the start of its development of the Korean Positioning System (KPS), a...
Hanwha takes over satellite technology from gov't institute
The state-run Korea Astronomy and Space Science Institute (KASI) said on Monday it had transferred to Hanwha Systems Co. the technology for satellit...
Hyundai Motor, KT in $540 million share swap deal for future mobility
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
SK Geo Centric to build high value-added material plant in China
South Korea’s major petrochemical company SK Geo Centric Co. is set to build an ethylene acrylic acid (EAA) plant in China with a local partne...
S.Korea ushers in new space era with rocket launch success
GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...
Korea composite materials maker to expand aerospace biz
South Korea’s top advanced composite materials producer aims to speed up its expansion in the aerospace sector with the acquisition of an airp...
UK satellite firm OneWeb to provide services in Korea
UK’s satellite company OneWeb plans to provide services for airlines and ships in South Korea where its geographic conditions kept the existin...
Hancom to launch South Korea’s first private satellite
Hancom InSpace, an affiliate of Hancom Group, announced on Wednesday it will launch South Korea’s first private satellite for Earth observatio...
Hanwha invests another $11 mn in US communications firm Kymeta
Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...
Defense giants eager to bolster satellite business
In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...
Korea closer to independent satellite technology
South Korea has developed its own signal control system for a radar reconnaissance satellite to be launched next year, the system being a key techno...
North Korea can make more uranium for nuclear bombs than previously thought
SEOUL—North Korea has the capacity to make more base ingredients for nuclear bombs than previously believed, according to new research, sugg...
Korea Aerospace Industries, Airbus to jointly enter satellite business
Korea Aerospace Industries Ltd. and Airbus SE, a European multinational aerospace company, are jointly entering the satellite business to capture ...
Korea’s Nuri: Mission unaccomplished, but one step closer to space
South Korea has launched its first domestically designed and developed space rocket Nuri, but failed to put a satellite into orbit, thwarting its bid ...
Hanwha-invested OneWeb’s internet satellites launched into orbit
A Soyuz rocket has launched 36 new internet satellites operated by London-based OneWeb, in which South Korea’s Hanwha Systems Co. has a stake,...
Korean military fund targets medium-risk global assets
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...
SIA analyzes satellite data for companies, government and ESG
There are about 2,000 satellites in space, orbiting the earth and generating countless images without being confined to geographical boundaries. And...
Software giant Hancom joins space race with satellite launch
South Korean software and ICT conglomerate Hancom Group will be the first private company in the country to launch a micro-satellite, or a satellite...
Hanwha Systems invests $300 million in UK satellite firm OneWeb
Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communications firm OneWeb ...
SpaceX to launch S.Korea’s next-generation satellite
Elon Musk’s SpaceX and Korea Aerospace Industries (KAI) have joined hands to develop next-generation mid-sized satellite projectiles, suggesti...
Hanwha to make satellite thrusters with Korea's aerospace institute
Hanwha Corp. will develop the bipropellant thruster, a key component for adjusting the satellite’s position in orbit, together with Korea Aero...
KT to build high-speed satellite network in Indonesia
KT Sat Co., a satellite subsidiary of South Korea’s telecom giant KT Corp., will set up a high-speed satellite telecom network in Indonesia&rs...
Hanwha seeks to acquire Overair; invest in satellite, drone companies
Hanwha Systems Co., the defense and information technology service unit of Hanwha Group, is seeking to purchase the entire stake of US air taxi star...
Hanwha to buy controlling stake in Korean satellite maker
Hanwha Aerospace Co., an aircraft engine components maker, will acquire a 30% stake in a South Korean Earth observation satellite maker for 109 bill...
Satellite launcher startup raises over $7 mn in Series A funding
South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of ...
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