This image, provided by Hyundai Motor Co., shows the concept of a rover. (Image courtesy of Yonhap)
SEOUL, Nov. 6 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it has launched a project to develop homegrown space rovers amid the growing global competition for lunar exploration.
The government has reached an agreement with 13 institutions and companies, including Hyundai Motor Co., to develop around 10 key rover components with a combined budget of 23 billion won (US$16.6 million), according to the Ministry of Trade, Industry and Energy.
Through the project, South Korea aims to develop motors, robotic arms and other essential rover parts capable of operating under extreme conditions, such as low temperatures and high radiation.
“South Korea has great potential in the space industry, based on its industrial competitiveness in future cars, robotics and ICT industries,” Industry Policy Deputy Minister Lee Seung-ryeol said in a statement.
“The ministry will continue efforts to develop homegrown technologies for key materials, parts and equipment in areas including space, aviation and defense,” Lee added.
(Yonhap)
