• 2026.07.04 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

South Korea Unveils Bold Space Ambitions: Aiming for Sovereign Low-Orbit Satellite Network by 2035

KO YONG-CHUL Reporter / Updated : 2026-07-04 09:39:49
  • -
  • +
  • Print


SEOUL — The South Korean government has announced an ambitious "Space and Aerospace Industry Development Strategy," aimed at securing the nation's position as a global leader in space technology. The plan, finalized at the National Space Committee meeting presided over by President Lee Jae-myung, outlines a roadmap to expand the nation's economic territory into space.

Building a Sovereign Satellite Network

At the center of the strategy is the construction of a homegrown low-Earth orbit (LEO) satellite communications network. By 2035, Korea plans to launch hundreds of satellites to establish a sovereign communication infrastructure. Oh Tae-seok, Administrator of the Korea Aerospace Administration (KASA), emphasized the strategic significance of this project, stating, "A LEO satellite network is essential for national security and communication sovereignty, serving as a vital backbone for the upcoming 6G era."

Advancing the Moon Landing Timeline

Korea is also accelerating its lunar exploration goals. The government announced plans to launch a private small-scale lunar lander using the Nuri launch vehicle by 2030, two years ahead of the previously planned 2032 schedule for a next-generation launch vehicle mission. This is part of a broader vision that includes launching a lunar orbital communications satellite in 2029 and a terrestrial-lunar scientific probe in 2031.

"Landing on the moon remains one of the most challenging technological feats in the world, with only five nations having succeeded to date," said Administrator Oh. "While it is a difficult challenge, we will steadily accumulate the necessary technology every year to build a solid foundation for the future space economy."

Creating a Southern 'Aerospace Belt'

To foster industrial growth, the government plans to establish an "Aerospace Belt" across the southern coastal region, connecting major hubs such as Changwon, Sacheon, and Jinju in Gyeongsangnam-do, and Suncheon and Goheung in Jeollanam-do. The initiative includes building public-private research centers near the KASA headquarters in Sacheon and creating an aerospace hub designed to attract new businesses and innovation.

The government aims to leverage these strategies to make the aerospace industry a key driver of Korea's future economic growth, effectively expanding the nation's economic reach beyond Earth's boundaries.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #Hormuz Impasse
  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyos
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities

  • Chungbuk Province Achieves $4.92 Million in Export Contracts at Thailand International Food Exhibition

  • Star Historian Choi Tae-sung and 2NE1’s Sandara Park Appointed as Honorary Ambassadors for the Overseas Koreans Agency (OKA)

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065573500140784 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • The Unyielding History of Women Readers: How Women Claimed the Joy of Reading Against Centuries of Prohibition
  • Europe Gripped by Deadly Heatwave: Over 2,000 Deaths Reported in France and Spain
  • Samsung Foundry Gains Momentum: Anthropic in Talks for AI Chip Production
  • Hanwha Announces 55 Trillion Won Investment to Propel South Korea as a Global AI Space Powerhouse
  • Poland Warns of Potential Russian Military Provocation: "Critical Months Ahead"
  • NATO Declares European Allies Have Largely Offset US Troop Reductions

Most Viewed

1
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
2
The Rediscovery of Pakistan: Mediating Between the United States and Iran
3
Masayoshi Son: AI-Driven Cyber Threats Pose "Worst Crisis for Japan Since the Black Ships"
4
Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput
5
Canada’s Multi-Billion Dollar Submarine Race: Economic Benefits Take Center Stage as Decision Looms
광고문의
임시1
임시3
임시2

Hot Issue

South Korea Unveils Bold Space Ambitions: Aiming for Sovereign Low-Orbit Satellite Network by 2035

NATO Declares European Allies Have Largely Offset US Troop Reductions

German Prosecutors Accuse Ukrainian Government of Orchestrating Nord Stream Pipeline Bombing

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers