Hanwha Aerospace starts assembling prototype for reusable rockets

Hanwha Aerospace has started assembling a prototype for reusable rockets, a key step in developing launch vehicles that can land vertically like SpaceX's Falcon 9. This move is significant for the space industry in South Korea, as it could help the country develop its own reusable rocket technology. The project, led by the Korea Aerospace Research Institute, aims to complete technology demonstrations by 2028, which could pave the way for future space missions and potentially boost the country's space industry.

Why it matters

Hanwha Aerospace is developing reusable rocket technology, which could boost Korea's space industry. This innovation could attract investors and create new opportunities for the sector.

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