Seoul: The Korea AeroSpace Administration (KASA) unveiled an ambitious vision on Thursday to develop a competitive space transportation system and a forward-looking exploration strategy, aiming to join the elite ranks in the global space race. Yoon Young-bin, head of South Korea’s National Space Agency, emphasised the goal of creating a space economy by building a cost-effective transportation system by the 2030s, Yonhap news agency reported. He said KASA will build a “space passageway” and develop an orbital transfer vehicle and reentry vehicle to lower the cost of space transportation in low Earth orbit to under $1,000 per kilogram. South Korea’s current homegrown space rocket, Nuri, has
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