What Happened
Seoul Enters Low-Earth Orbit Constellation Era
The South Korean government plans to launch 44 microsatellites by 2030 as part of its effort to develop a low-Earth orbit satellite communications network, marking a significant shift towards constellation-based satellite systems. The initiative includes demonstrating a Space Data Center and satellite life-extension technology, with the goal of fostering a national strategic asset. According to BigGo Finance, this move is expected to open up opportunities across the entire supply chain, encompassing launch vehicles, satellite bodies, and ground stations, as reported by Unknown Source.