US EditionKorea approves methane-powered reusable launch vehicle project by 2034
South Korea allocates 2.3 trillion won to develop a single methane engine for reusable rockets aiming to support a 2032 lunar lander mission and complete by 2034.
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Korea approves methane-powered reusable launch vehicle project by 2034
The government has approved a project to develop a reusable space launch vehicle powered by a methane rocket engine by 2034 as part of its long-term space exploration road map, the country's space agency said Monday. The 2.3 trillion-won ($1.6 billion) program was sanctioned by a government funding assessment committee under the Ministry of Economy and Finance, according to the Korea AeroSpace Administration (KASA). Under the project, the govern…
[Digital Daily Reporter Baek Ji-young] The Korea Aerospace Industries (KAIA) announced on the 22nd that the project plan to convert the next-generation launch vehicle to a "methane propellant-based reusable launch vehicle" has been finalized. This was announced after the Ministry of Strategy and Finance's Financial Project Evaluation Committee deliberated and approved the results of a "re-examination of the feasibility of the project plan" regar…
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