H. Yoo
Research expert covering South Korea
Space industry in South Korea - statistics & facts
South Korea is the seventh country in the world to launch a satellite weighing over one ton into orbit. In June 2022, the nation successfully launched the Nuri rocket into space, which was developed entirely domestically. This highlights the results of investments made by the South Korean space industry. Compared to leading countries like the United States or Russia, South Korea is a relative newcomer to the industry. Hence, a focus on research and development is evident when allocating funds.
