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Korea Next-Generation Space Launch Vehicle Development

Sector: Aerospace & Defense • Location: Seoul, South Korea

Source: Business Korea

Project
Under Development

The Korea AeroSpace Administration (KASA) is developing a next-generation domestic space launch vehicle with a budget of 2 trillion won to launch lunar landers by 2032 and Mars missions by 2045. The project aims to enhance launch vehicle performance to carry 10 tons to low Earth orbit and 23 tons for Mars exploration, including the development of kick stages for precise probe deployment.

Status
Prospective
Sector
Aerospace & Defense, Government
Location
Seoul, South Korea
Updated
22 Jul 2026
Source
Business Korea

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Project Information

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The project “Korea Next-Generation Space Launch Vehicle Development” is an infrastructure initiative in the Aerospace & Defense sector, located in Seoul, South Korea. Taiyo aggregates data on it from Business Korea.

Participants

Sponsoring Agency

Status

Original status

under development

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Korea AeroSpace Administration (KASA) is developing a next-generation domestic space launch vehicle with a budget of 2 trillion won to launch lunar landers by 2032 and Mars missions by 2045. The project aims to enhance launch vehicle performance to carry 10 tons to low Earth orbit and 23 tons for Mars exploration, including the development of kick stages for precise probe deployment.

Original sector

Science/Tech

Budget

Location

Country

South Korea

City

Seoul

Source

Source

Business Korea

URL

More Details

Record type

Project

Sector

Aerospace & Defense, Government

Article published date

2025-12-18

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