Overview

• LG and KASA officials met on June 27 to discuss expanding private sector roles in South Korea’s space industry
• LG is evaluating various space technologies, having outlined support measures for domestic aerospace startups
• The group showcased a successful lunar rover mobility test in collaboration with startup Unmanned Exploration Laboratory
• LG Energy Solution was tapped by NASA in 2016 to supply lithium-ion batteries for astronaut spacesuits intended for deep space exploration
• The group plans to back the fourth and fifth Naro rocket launches scheduled for late 2025 and 2026 as it aims for a lunar landing by 2032