Ministry of Science and ICT, ‘Partial Amendment of the Enforcement Decree of the Space Development Promotion Act’ Legislative Notice
The government discloses information on space development infrastructure owned by public institutions to prepare for the space economy era and promote private space development.
The Ministry of Science and ICT announced on the 18th that the Ministry of Science and ICT announced on the 18th that it would announce the legislative notice of the ‘Partial Amendment of the Enforcement Decree of the Space Development Promotion Act’, which was revised in June and stipulates the mandated matters of the Space Development Promotion Act, which will be implemented in December.
This amendment includes the definition of a semi-orbital launch vehicle, expansion of the opening of space development infrastructure, limits on delay compensation, and procedures for designation of new space technologies and space industry clusters.
First, the scope of the sub-orbital launch vehicle mandated by the law was defined as an artificial space object designed and manufactured to rise to a height of 100 km or more above sea level by a self-propelled body and then descend again.
In addition, in order to support the space industry, which is in the early stage of industrial development, information on the space development infrastructure owned by public institutions will be disclosed and the opening performance will be checked to maximize the use of infrastructure.
In consideration of the high technical difficulty of space technology, the limit of the total amount of compensation for delay in contract performance caused by the introduction of the contract method into the space development project was stipulated as an amount equivalent to 10/100 of the contract amount.
The designation procedure entrusted by the law, such as the examination deadline for designation of new space technology, examination cost, and issuance of a designation certificate, was stipulated in order to activate the technology development of companies through the preferential use of the designated technology according to the designation of new space technology.
It also includes procedures for designation requirements, de-designation requirements, and notification to related organizations to create a self-sustaining industrial ecosystem by establishing a technological cooperation value chain between launch vehicle and satellite-related companies and research institutes.
In addition, in order to adjust the overlap problem in advance according to the increase in the demand for national satellites, the contents of securing and adjusting the Earth orbit and satellite frequencies were added to the space development promotion plan and implementation plan.
Kwon Hyun-joon, director of large public research policy at the Ministry of Science and ICT, said, “The launch of the Korean launch vehicle Nuri was successful in June, and the lunar orbiter Danuri launched in August, securing an opportunity for the space industry to take a leap forward.” We will prepare for the space economy era by systematically nurturing the private space industry by amending the enforcement ordinance of the Promotion Act.”
The Ministry of Science and ICT will collect opinions submitted during the legislative notice period, conduct a review by the Ministry of Legislation, etc.
Hello. Reporter Jinhee Kim |