South Korea will develop a new microsatellite system to monitor North Korean activities and strengthen national security response capabilities by 2030, Seoul’s defense procurement agency said Thursday.

The $1.13 billion (1.42 trillion won) project will span multiple ministries and into the private sector, according to a Defense Acquisition Program Administration (DAPA) press release. It will focus on synthetic aperture radar (SAR) and electro optic (EO) microsatellites.

“It will be possible to swiftly acquire video information regarding North Korean nuclear threats and crises in waters around the Korean Peninsula” once the system is up and running, DAPA said following an