30
May
Seoul, May 30 (IANS) South Korea's new national space agency on Thursday said it will work to develop small reusable space rockets in collaboration with the private sector and explore one of the stable Lagrange points in a bid to become a top-five global space power. In a press briefing, Rho Kyung-won, deputy chief of the Korea AeroSpace Administration (KASA), said KASA plans to assign the reusable rocket development project to the private sector, Yonhap news agency. These reusable rockets will be capable of launching a 500-kilogram payload into an orbit with an altitude of 500 kilometres, aligning with the…