SEOUL, Nov. 30 (Korea Bizwire) – The South Korean government said Thursday it will begin a public tendering process to select a company to lead the country’s space project worth 2.01 trillion won (US$1.6 billion) to develop a next-generation space vehicle. Under the project, South Korea aims to develop a vehicle with enhanced transportation capacity [...]
DAEJEON, Aug. 25 (Korea Bizwire) – The Korea Aerospace Research Institute (KARI) announced Thursday that its EAV-3, a solar-powered drone, completed a successful 90-minute flight in the Earth’s stratosphere, some 18.5 kilometers above the surface of the earth, on August 12. This also made the aircraft the world’s third of its kind to successfully enter [...]
SEOUL, Aug. 10 (Korea Bizwire) – The South Korean government has set a concrete strategy for technology development related to drones and autonomous vehicles, and will implement the plans by next year. The Ministry of Science, ICT and Future Planning announced that it held a meeting on August 9 where high officials of nine central government [...]
SEOUL, April 14 (Korea Bizwire) – A new step in the development of Korea’s unmanned aerial vehicle technology has been reached with the introduction of a tilt-rotor drone that can take-off and land vertically like a helicopter, but is also capable of fast flight like an airplane. On April 10, the Korea Aerospace Research Institute (KARI) introduced the [...]
SEOUL, Dec. 19 (Korea Bizwire) — The Ministry of Science, ICT and Future Planning (MSIP) announced that it is going to develop and launch two medium sized 500 kg satellites with Korean technology before 2020. The purpose of this program is the expansion of the Korean space industry, and the speedy commercialization of aerospace technology in [...]