The government believes Korea has the capacity to eventually manufacture and export small to medium satellites, and that’s why they are planning to inject around 800 million dollars into the development of next-generation satellites that weigh less than 500 kilograms. Satrec Initiative is a Korean start-up, and it’s the only one company in the country currently exporting home-made satellites abroad. It specializes in manufacturing small satellites for research and Earth observation. Read More
