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June 21, 2022, marks the turning point for Korea s space industry. KSLV-2, better known by its Korean name “Nuri,” is a Korean-made three-stage launch vehicle that shot through the sky of Goheung County in South Jeolla Province and successfully released a test satellite into a 700 kilometers-high orbit. Following the failed first attempt in October the previous year, the accomplishment made Korea the world seventh country to possess a working space launch vehicle technology capable of carrying a 1 kilogram or heavier satellite - following the U.S., Russia, the European Union, India, Japan and China. ....
German crypto Neobank Nuri has shut down its operations after filing for insolvency. The firm has not been able to find new investors or acquirers. ....
South Korea has decided to cancel plans to launch satellites using Russian rockets later this year amid the international community s sanctions on Russia s space program over the Ukrainian war, a government document showed Wednesday. ....
South Korea has decided to cancel plans to launch satellites using Russian rockets later this year amid the international community s sanctions on Russia s space program over the Ukrainian war, a government document showed Wednesday. ....