Hanwha Aerospace selected as next-gen launcher operator

The company will work with KARI to develop a space rocket to succeed Nuri, to launch in 2032

Nuri rocket lifts off for its third launch on May 25, 2023 (Courtesy of Ministry of Science and ICT)
Nuri rocket lifts off for its third launch on May 25, 2023 (Courtesy of Ministry of Science and ICT)
Sang Hoon Sung 1
2024-03-21 14:04:00 uphoon@hankyung.com
Aerospace & Defense

South Korea’s Hanwha Aerospace Co. announced on Wednesday that it was selected as the next-generation launch vehicle KSLV-III operator, following the KSLV-II Nuri rocket.

The company will join the government-issued project Total Manufacturing of the Next-Generation Launch Vehicle Development and develop KSLV-III with the Korea Aerospace Research Institute (KARI).

This project aims to develop a new launch vehicle capable of carrying major payloads such as lunar landers to space.

It signifies the involvement of a private company, from design to launch and operation, in partnership with KARI.

The next-generation launch vehicle will be developed with improved performance compared to Nuri to launch large satellites and space exploration.

The vehicle is expected to conduct a total of three launches to deploy a lunar lander by the year 2032.

The company plans to use the technology and experience gained from this project to establish a foundation for a private-led space industry ecosystem and enter the global launch service market.

Write to Sang Hoon Sung at uphoon@hankyung.com
#Hanwha Aerospace #next-gen launcher operator #KSLV-III #Nuri rocket #KARI

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