We are also developing a reusable launch vehicle model [Now in Space]
Our country has begun research on a reusable launch vehicle system model. Reusable launch vehicle-related technologies are groundbreaking technologies that reduce launch costs and are leading the global trend in the space sector.
After several failures, SpaceX in the US has succeeded in developing reusable launch vehicle technology. By recovering and reusing rockets that were launched once, they have significantly reduced space launch costs. This is considered SpaceX's greatest competitive edge.
The Korea Aerospace Research Institute (KARI) (Director Youngbin Yoon) has designated 2025 as the 'first year of private-led reusable launch vehicle development' and held the first planning task initiation meeting for the development of reusable launch vehicles in Daejeon on the 3rd.
At the 1st National Space Committee Meeting (May 30, 2024) held immediately after the launch, the KARI announced that it will promote the development of reusable launch vehicles as a policy direction to drastically reduce space access costs.
The space agency plans to begin full-scale development of core technologies and system development exploratory research to specify the roadmap for the development of reusable launch vehicles starting this year.
SpaceX's reusable rocket Falcon 9 is being launched at the Kennedy Space Center in Florida, USA. [Photo = NASA/SpaceX]
In order to select a competitive system model, the space agency recently promoted two planning projects. The first planning project is a study linking the mission performance and economic feasibility analysis of reusable launch vehicles, which will begin in 2024. The
second planning project is a study to select a reusable launch vehicle system model based on a commercialization model of a private company, and will be conducted under the auspices of the Korea Space Technology Promotion Association starting with this kickoff meeting.
Seven experts from the government, research institutes, and universities attended this kickoff meeting and had in-depth discussions on the public-private partnership plan for selecting a business model for a reusable launch vehicle from a private company and the direction of the planning project.
During the research process, it was decided to continuously collect various opinions to specify a plan for the system development of a private-led reusable launch vehicle.
Park Soon-young, head of the Space Agency's Reusable Launch Vehicle Program, said, "In order to accelerate the development of domestic private-led reusable launch vehicles, it is important to discover a business system that fits the business model of private companies and to integrate rapid innovation from the private sector." He added, "We plan to establish a win-win and cooperative strategy based on a consensus between the private and public sectors."
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