Startups

South Korea Joins Space Race in Tech Drive as Russia's Isolation … – Bloomberg


South Korea is preparing a domestic rocket development program as part of an ambitious drive to carve out a larger slice of the global space economy following the implosion of its partnership with Russia.

Seoul last month revoked a contract with Moscow in favor of a European operator to launch a satellite into space. Having relied on Russia for years to send its probes into orbit, the move is a tangible impact of sanctions on the Kremlin over its invasion of Ukraine.



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