This photo provided by Perigee Aerospace Inc. shows the the construction site for its offshore launch platform.
SEOUL, May 10 (Korea Bizwire) — South Korean space service startup Perigee Aerospace Inc. said Monday it has signed a memorandum of understanding (MOU) with the Jeju provincial government to construct and operate the country’s first offshore launch platform.
Perigee has been working on the development of BW-1, a rocket that uses liquid methane as a fuel.
The company is currently constructing a barge offshore launch platform for the test flight of the upper part of the BW-1, which is expected to take place at the end of this year.
Previously, Perigee conducted three test launches of a science rocket called BW 0.1 on the coast of Hangyeong-myeon in Jeju in 2021.
The company presented the current state of construction and a 3D video of the offshore launch platform, Cetacea 1, which is currently under construction, and also unveiled plans to establish a launch center in Jeju.
Kevin Lee (kevinlee@koreabizwire.com)
