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South Korea Maps Out Plan to Become Major Space Player by 2045

South Korea launched its first home-grown rocket, Nuri, in October 2021. The government plans to increase the country’s share of the global space economy to 10% by 2045.

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  • South Korea launched its first home-grown rocket called Nuri in October 2021.
  • The nation has about 1,000 personnel, among them 250 researchers, at its Naro Space Center base.
  • The government is looking to increase South Korea’s share of the global space economy to 10% by 2045 from the current estimated 1%.
  • In June 2022, South Korea launched Nuri again and deployed the test satellite.
  • In May, Nuri is set to deploy eight working satellites into Sun-synchronous orbit.
South Korea Maps Out Plan to Become Major Space Player by 2045
South Korea’s giant leap into space started with a small step on the internet.
BloombergSangmi Cha

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