KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home South Korea

KAI Partners with SpaceX to Launch Next-Gen No.4 Satellite Projectile

Minseo Park by Minseo Park
PUBLISHED: July 20, 2021 UPDATED: July 23, 2021
in South Korea, Tech Industry
0
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.

KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.

0
SHARES
67
VIEWS
Share on FacebookShare on Twitter

Korea Aerospace Industries (KAI), the only aircraft manufacturer in South Korea, formed a strategic alliance with Space Exploration Technologies Corp. (SpaceX), an industry-leading space technology company.

Thanks to this new partnership, KAI continues to lead the country’s space industry, further elevating the private aerospace sector. Moreover, KAI signed an agreement with SpaceX to launch No.4, a next-generation mid-sized satellite projectile.

As KAI stated, it took on the deal since the US-based space transportation company has constantly delivered high success rates and reasonable costs. Furthermore, Kim Jung-ho, KAI’s Chief Financial Officer, discussed the deal’s details and SpaceX’s entry into markets across Asia.

Commercializing Satellite Businesses in South Korea

KAI is currently participating in the next-gen mid-sized satellite national development program spearheaded by the Korea Aerospace Research Institute (KARI). Founded in 1989, KARI is a government-led aeronautics and space agency providing public service and strengthening nationwide security.

In particular, the project with KARI aims to develop numerous standardized 500-kg satellite platforms using South Korean technologies. Previously in March, KAI and KARI co-developed and co-launched satellite No.1, which successfully orbits the Russian Soyuz rocket.

The two South Korean companies also plan to introduce more satellite projectiles next year. KAI would manage the satellite system’s development, including the body design, manufacture, assembly, trials, and final launch. Meanwhile, KARI would utilize its advanced technologies and extensive know-how.

KAI also unveiled its plans to conduct the development and launch of the remaining satellites, the No.2 and No.3. If the plan follows through, the aerospace company could significantly elevate Korean company-developed projectiles, reinforcing the domestic space industry.

On a similar note, KAI recently unveiled South Korea’s first locally developed fighter jet, the KF-X, in April. Besides being a milestone in the local aerospace sector, the prototype launch demonstrates the country’s advanced technological capabilities.

Fostering Aerospace Sector Growth Engines

KAI also aims to send the No.4 and No.5 satellites to space before 2025. South Korea would use No.4, the central SpaceX partnership factor, to actively monitor crop and other agricultural statuses. On the other hand, the country would utilize No.5 to keep track of forests, water reserves, and abnormal weather conditions.

Additionally, KAI plans to foster future growth engines for the aerospace industry, which currently amounts to 500 trillion won. At present, KAI is the only local company with comprehensive aerospace development expertise.

KAI President Ahn Hyun-Ho also shared that KAI plans to conduct mergers and acquisitions and establish more strategic partnerships in the future. According to the KAI President, the move would enable KAI to analyze more satellite images and deliver high-value services, including land and climate management.

Similarly, KAI and SpaceX announced that they would form more future partnerships to enhance the fast-growing global aerospace sector. Following KAI’s SpaceX collaboration announcement, its shares’ trading price increased by 2.92%.

Check out other must-read articles from KoreaTechToday:

  • Korea Strengthens National Defense with Space Exploration
  • Hanwha Partners with KAIST To Co-Develop Space Technology Research
  • South Korea and NASA to Jointly Create a Space Telescope
  • South Korea MSIT Invests 220 Billion Won For Next-Gen 6G R&D
Tags: KAIKorea Aerospace Industriesnext-gen satellite projectilesNo. 4 satelliteSouth Korean agriculturespaceX

Related Posts

South Korea Prepares Fourth Launch of Homegrown Nuri Rocket
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
Government

South Korea Prepares Fourth Launch of Homegrown Nuri Rocket

October 1, 2025
South Korea, BlackRock Team Up to Build Hyperscale AI Data Center Hub
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
Data Center

South Korea, BlackRock Team Up to Build Hyperscale AI Data Center Hub

October 1, 2025
Samsung AI Forum 2025: Could its AI Agents Change How We Interact with Technology?
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
AI

Samsung AI Forum 2025: Could its AI Agents Change How We Interact with Technology?

September 25, 2025
Global API Standardization Gets a Push with SK Telecom–Aduna Partnership
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
AI

Global API Standardization Gets a Push with SK Telecom–Aduna Partnership

September 23, 2025
South Korea Trains Civil Servants in AI to Drive ‘Super-Innovation Economy’
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
AI

South Korea Trains Civil Servants in AI to Drive ‘Super-Innovation Economy’

September 18, 2025
$12B Crypto Wave: How Young Koreans Are Shaping Global Markets
KAI formed a strategic alliance with SpaceX to launch the mid-sized next-generation No.4 satellite to actively monitor South Korea’s agricultural state.
Cryptocurrency

$12B Crypto Wave: How Young Koreans Are Shaping Global Markets

September 1, 2025
No Result
View All Result

Most Popular

  • Ride-Hailing Rivalry: Kakao and Uber Bet on Membership Services in Korea

    0 shares
    Share 0 Tweet 0
  • Korea’s Navigation Battle Heats Up: Naver and Kakao vs. Google maps

    0 shares
    Share 0 Tweet 0
  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Naver Launches 3D Street View for Immersive Navigation Experience

    0 shares
    Share 0 Tweet 0
  • KakaoTalk to Adopt Instagram-Style Feed in Major 2025 Redesign

    0 shares
    Share 0 Tweet 0
  • South Korea Commits $2.9 Billion to Build National AI Computing Hub by 2030

    0 shares
    Share 0 Tweet 0
  • South Korea Unveils $735 Billion Plan to Build Sovereign AI Built on Korean Data

    0 shares
    Share 0 Tweet 0
  • South Korea Invests $1.1B to Build National AI GPU Infrastructure

    0 shares
    Share 0 Tweet 0
  • LG’s Return to Smartphones: A New AI Collaboration with Samsung

    0 shares
    Share 0 Tweet 0

PRODUCTS

[ads_amazon]

TOPICS

  • Naver
  • Kakao
  • Nexon
  • Netmarble
  • NCsoft
  • Samsung
  • Hyundai

FREE NEWSLETTER

FOLLOW US

  • About Us
  • Cookie policy
  • home
  • homepage
  • mainhome
  • Our Services
  • Privacy Policy
  • Terms of Use

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |