space technology Archives | Be Korea-savvy

S. Korea to Invest 1.6 Trillion Won in Space Technology Development over Next Decade

SEOUL, Sept. 3 (Korea Bizwire) — South Korea will invest around 1.6 trillion won (US$1.38 billion) over the next 10 years to expedite the development of key space technologies after the full lifting of U.S.-imposed restrictions on missile development, the arms procurement agency said Friday. Under the plan, diverse defense projects, such as the development [...]

S. Korea to Invest 45 bln Won to Develop New Technologies to Monitor Space Objects

SEOUL, Jan. 27 (Korea Bizwire) — South Korea will invest 45 billion won (US$41 million) in the next five years to develop next-generation technologies to track and monitor space objects, a state-run research center said Wednesday. The new laser-based technologies are aimed at better monitoring objects that fly over the Korean Peninsula amid an increase [...]