Korea Aerospace Industries, the South Korean defense contractor and the country's sole aircraft manufacturer, will spend nearly 1.9 billion U.S. dollars in the space industry over five years to capture burgeoning demand abroad.
KAI is also one of the 300 Korean private firms that were involved in the development of the KSLV-II, the Nuri that blasted off into space late October putting together all some 370,000 parts of the space rocket.
Opening the "New Space" era.
Let's talk about it.
I have in the studio with me LEE Chang-han, Director of Space Business at Korea Aerospace Industries. Thank you for joining us.
Let's begin with KAI's involvement in the development of KSLV-II, the Nuri. What was KAI responsible for in the making and developing of the Nuri?
So, what we know thus far about the flight of Nuri is that while it did successfully complete the first two stages of the flight and reach the target altitude of 700 kilometers, but failed to place the 1.5 ton dummy satellite into orbit.
From the very initial stages of development and design to production, in hindsight, what are some lessons we can learn from the Nuri launch? What should be improved next time?
KAI's project, of course, is not limited to the Nuri. Korea Aerospace Industries very recently successfully demonstrated the KF-21 virtual test flight and future technology at ADEX 2021.
KAI's key export models include the FA-50, KF-21, the Surion, UAV, and UAM.
What sets KAI apart from other especially foreign private space organizations? What are its comparative advantages and strengths over them?
Does KAI also collaborate with foreign countries and space organizations?
KAI is active in pursuing satellite projects. It is currently working on developing the next-generation medium-sized CAS500-2 satellite, the first of its kind developed by a private aerospace company. This is the second of a five-part series of CAS500 being developed. This is set to open an era of "New Space" in Korea. What does this mean
Speaking of satellites, a few months ago, KAI signed a contract with SpaceX to develop the "No. 4" next-generation, medium-sized satellite. KAI plans to send four midsize satellite into orbit by 2025 and SpaceX rocket will carry the No. 4. How did you get to collaborate with SpaceX?
In August, last year, KAI has opened the nation's first private large-scale satellite production facility. How can we interpret this?
Lee Chang-han, Director of Space Business at Korea Aerospace Industries thank you for speaking with us tonight.