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South Korea's fourth space rocket launch successful, sends satellites into orbit
The Economic Times | English | News | Nov. 28, 2025 | UndeterminedTech Development/Adoption
South Korea successfully launched its fourth homegrown space rocket, Nuri, on Thursday, placing more than a dozen satellites into orbit. This launch marked the country’s first space mission conducted jointly with a private company, Hanwha Aerospace, which led the manufacturing and assembly using technology transferred from the government.
The rocket lifted off from the Naro Space Center at 1:13 a.m. local time, carrying one main commercial-grade satellite along with 12 cube satellites. The launchpad operations were managed by another South Korean company, HD Hyundai Heavy. Both Hanwha Aerospace and HD Hyundai Heavy saw their shares rise 1.6% in morning trading, outperforming the broader market.
South Korea started the Nuri rocket program in 2021 and plans to conduct a total of six test launches by 2027. The government’s technology transfer to Hanwha Aerospace aims to strengthen the private sector’s capabilities in space technology and improve national competitiveness in the aerospace industry.