The Ministry of Science and ICT has completed the registration of Starlink Korea, a local subsidiary of US space company SpaceX, as a common telecommunications business. According to the ministry on Friday, the government decided to grant the license to the US company after it reviewed its financial and technical capabilities, and plans to protect users, as part of the registration requirements ...

Nara Space has received the highest level of technical-readiness certification from the US National Aeronautics and Space Administration for its onboard computer, also known as OBC, technology. The startup’s OBC, which works as the brain of a satellite to control various operations, was able to capture the ejection moments of the four cube satellites launched into orbit on Korea’s homegrown Nuri ...

HD Korea Shipbuilding & Offshore Engineering, an intermediate holding company of South Korean heavy industries conglomerate HD Hyundai, has bagged 12 orders for liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carriers worth 2.79 trillion won ($2.08 billion) in a span of less than a week. According to the shipbuilder, HD KSOE on Tuesday signed a contract with an Oceanian customer to...

The South Korean government plans to unveil its industry strategy for advanced robots before the end of the first half of the year as the country looks to foster its robotics sector and competitiveness on the global stage, according to Trade Minister Lee Chang-yang. “The Korean government will provide support for strengthening the competitiveness of cutting-edge robot companies, creating a new m...

Yi advised that space projects should not be rushed as she watched how space experts with more experience approach various tasks and projects. “When I met space experts from other countries, they were preparing from a long-term point of view instead of looking to achieve results in the short term. It’s important to do certain things well and in a hurry, but it’s also important to take some time ...

Despite the conditional approval with the corrective measures restraining business management, Hanwha said it decided to accept the authorities’ conditional approval as it seeks to quickly normalize DSME, which has long suffered from continuing losses, and strengthen the country’s competitiveness by fostering the shipbuilding industry. DSME’s losses have amounted to 3.4 trillion won over the past...

SK On will invest 470 billion won ($352 million) in expanding its domestic research and development capabilities through 2025, the South Korean battery maker said Monday. According to SK On, the company will upgrade its existing R&D foothold in Daejeon, also known as the Institute of Battery Technology, and newly establish a pilot plant for developing next-generation batteries and a global valid...

Hankook Tire & Technology said Monday that the South Korean tire maker inked a supply contract with Chinese all-electric vehicle manufacturer Leapmotor, expanding the company’s presence in one of the world’s biggest EV markets. According to the Korean company’s announcement, Leapmotor’s sports utility vehicle C11 will be equipped with Hankook Tire’s Ventus S1 evo3 ev, a high-performance tire spe...