Bae Kyung-hoon

Stories

South Korea's Nuri rocket deploys five NEONSAT microsatellites

Pledged continued government support for private-led launches

South Korea's homegrown Nuri rocket lifted off from Naro Space Center on Oct. 7 and dropped five NEONSAT microsatellites into orbit, its first multi-satellite mission. All five confirmed healthy in initial checks and began a 2-3 month orbit adjustment to form a constellation.

Updated 5 days ago

South Korea directs $880 billion private buildout into chips and AI data centers

Money Moves

Leading the 'physical AI' pillar

On June 29, 2026, Seoul ordered Samsung and SK Hynix to build four new memory fabs in the southwest, the core of an $880 billion, 10-year buildout. On July 6, the government picked Gwangju Military Airport as the site, but the base also serves the US Air Force, and Washington now wants a say before Seoul can relocate it.

Updated Aug 9