The erector is lowered from the Korea Space Launch Vehicle-II (KSLV-II), also called Nuri, on the launch pad at Naro Space Center in Goheung, South Jeolla Province, southwestern South Korea. Photo by YONHAP / EPA
June 29 (Asia Today) -- South Korea's space agency released guidelines Monday for private companies seeking to use the Naro Space Center, beginning preparations for the country's first dedicated commercial launch facilities.
The Korea AeroSpace Administration said the guidelines outline a four-stage consultation and approval process, methods for calculating fees and safety and security requirements.
They also establish procedures and fee standards for private companies seeking to use testing facilities at the space center in Goheung, South Jeolla Province.
The government plans to open the commercial launch site in two stages, beginning in the third quarter of 2027 and expanding it in the first quarter of 2031.
