Korea Joongang Daily
Korea JoongAng Daily

Hanwha Aerospace has good year, net up 83.2%

Hanwha Aerospace, a Kospi-listed aircraft engine manufacturer, enjoyed double-digit growth in sales and profit last year as demand for jet engines rose.

2022-02-25

Glitch in Nuri-ho traced to faulty tanks

The failure of a Korean rocket's payload to stay in orbit in October was due to a faulty design of an oxidizer tank, which led to the shutting down of the third-stage engine, the Ministry of Science and ICT said. On Wednesday, the ministry and ...

2021-12-29

A historic liftoff

The Korea Space Launch Vehicle-II (KSLV-2), also known as the Nuri-ho, lifted off at 5 p.m. on Thursday from the Naro Space Center in Goheung County, South Jeolla. The moment the staff at the Korea Aerospace Research Institute...

2021-10-21

Korean space companies set to benefit from launch of rocket

With 2021 set to become a defining moment for Korea’s aerospace industry thanks to the planned launch of a rocket developed with homegrown technology, investors became bullish about private space companies linked with the project.

2021-02-21