Korea's science ministry says it has secured over 17 million U.S. dollars for its lunar exploration project.
In phase one of its two-year plan, the ministry envisions sending an orbiter to the moon, followed by a landing vessel.
In phase two, it will send up an independently developed launch vehicle.
The ministry also plans to develop an orbiter and a ground station using domestic technology.
Korea will coordinate with foreign agencies including NASA to develop the payloads.
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