As SpaceX counts down to what could be the largest IPO in history, the race to build the next generation of launch vehicles is heating up. Asia wants in. Startups across Australia, India, Japan, and South Korea are racing to establish themselves in a market long dominated by the U.S. and China.

One of them is Unastella, a four-year-old South Korean startup that just closed a $24 million Series B, bringing its total funding to $44 million. The company launched its own rocket, the Una Express-I, from South Korean soil in May 2025.

Hosted by the Korea AeroSpace Administration and the Ministry of Foreign Affairs… Over 40 domestic space companies participated
Met with procurement and purchasing managers… Held 60 meetings with overseas space agencies

As you saw earlier, from the perspective of South Jeolla Province, this Nuri launch, carried out with a private-sector focus, drew more attention. That is because Goheung has the potential to become the center of the space launch vehicle industry. What efforts are needed for success? Visiting K news anchor Kim Dae-young listened to voices from the scene.