At the early hours today, South Korea's first domestically developed rocket - Nuri (KSLV-II) completed its fourth launch and successfully placed the Medium Satellite No. 3 and 12 CubeSats into a sun-synchronous orbit. Nuri is a three-stage liquid-fueled medium-class launch vehicle, independently manufactured and assembled by Hanwha Aerospace, and it also operates the launch management center. Before 2027, the company will collaborate with the Korea Aerospace Research Institute to complete two more launch missions.
To encourage Hanwha's subsequent launches, the Korea Space Agency will provide a budget support of 500 million KRW (approximately 24.15 million RMB) to motivate private enterprises to participate in space missions.
Hanwha Aerospace is part of the Hanwha Group, one of South Korea's top ten chaebols, ranking seventh in assets in 2025. In the field of South Korean aerospace, the company is an absolute monopolist, covering everything from engines, launch vehicles, satellites to military drones. This year, Hanwha Aerospace also signed a preliminary development contract with the Korea Space Agency for a "Korean version of Starlink" low-orbit mega-constellation, aiming to launch 6,000-10,000 low-orbit communication satellites.
Original: www.toutiao.com/article/1849927403025408/
Statement: The article represents the views of the author himself.