Investment guidance text

The Korea AeroSpace Administration will proceed with procedures to open the Naro Space Center to the private sector. On the 19th, the Korea AeroSpace Administration held a meeting at its office chaired by Deputy Administrator Noh Kyung-won with representatives from private companies hoping to use the Naro Space Center. This meeting

Failed on the first try, succeeded on the second. The private crewed space launch startup ‘Unastella,’ which is carrying payloads from KARI and others and focusing on developing electric pump engines, succeeded in launching a test rocket. In its first attempt last November

According to Unastella on the 29th, at 11:28 p.m. on the 22nd, Unastella attempted the first test launch of the “Una Express No. 1” near the Naro Space Center in Goheung County, South Jeolla Province. However, the engine propulsion sys

Hosted by the Korea AeroSpace Administration and the Ministry of Foreign Affairs… More than 40 domestic space companies participated; met with procurement and contracting officials… Held 60 meetings with overseas space agencies

Park Jae-hong, CEO of domestic space launch vehicle startup Unastella, said this in a recent interview with E-Daily. Founded in February 2022, Unastella is a next-generation company aiming to develop crewed and uncrewed space launch vehicles

On April 23, 2025 at 6:00 PM, Unastella, at our launch site located in Yeompo Village, Oenarodo, Goheung-gun, Jeollanam-do, carried out the static firing test, the final milestone before the second launch campaign (Static

It has been confirmed that the private crewed space launch startup ‘Unastella’ failed in its test launch. Unastella plans to immediately prepare for a second test launch, using this failure as a lesson.

As you saw earlier, from Jeonnam’s perspective, this Nuri launch, led mainly by the private sector, drew more attention. That’s because Goheung holds the potential to become the center of the space launch vehicle industry.

At 11:50 PM on May 28, a test launch of a small launch vehicle, 9.45 m long and weighing 2 tons in total, equipped with a 5-ton-thrust engine, was successfully conducted at its own launch site located in Bongnae-myeon, Goheung-gun, Jeollanam-do.

At 3 a.m. on November 23, 2024, Unastella’s first launch campaign since its founding was concluded. As the first case of an attempt to launch a private rocket within the territory of the Republic of Korea, two years since its establishment

On the 25th, Unastella, Korea's first private crewed launch vehicle startup (CEO Park Jae-hong), announced that it had secured Series A investment worth 19.5 billion won. The cumulative amount of investment is 28 billion won.