Despite ambitions to explore final frontier, Seoul’s investment into its space program lags far behind
South Korea has a clear path to developing new missile ranges and payloads, thanks to Washington and Seoul’s decision to scrap missile limits during Moon Jae-in’s final year in office. While the national security implications of this decision are perhaps the most salient, the ROK space sector stands to benefit enormously from new development capabilities.
But as money flows into the industry and technology is transferred from the government to the private sector, it is unclear if a strategy has emerged to penetrate an increasingly crowded international market.
South Korea has a clear path to developing new missile ranges and payloads, thanks to Washington and Seoul’s decision to scrap missile limits during Moon Jae-in’s final year in office. While the national security implications of this decision are perhaps the most salient, the ROK space sector stands to benefit enormously from new development capabilities.
But as money flows into the industry and technology is transferred from the government to the private sector, it is unclear if a strategy has emerged to penetrate an increasingly crowded international market.
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