News & Notice

MOU for ISRU Signed by Multiple Reserch Institutes & Hanwha Aerospace
  • NameKICT
  • Date2021/09/08 00:00:00
  • Hit178

Six government-funded research institutes(including the KICT) and Hanwha Aerospace Co. Ltd., signed a public-private multi-party MOU for in-situresource utilization (ISRU) at the Korea Institute of Geoscience and Mineral Resources in Daejeon, Korea.

In attendance at the signing ceremony were: KICT President Kim Byung-suk; Korea Research Institute of Standards and Science President Park Hyun-min; Korea Institute of Geoscience and Mineral Resources Acting President Kim Kwang-eun; Korea Aerospace Research Institute President Lee Sang-ryul; Korea Institute of Energy Research President Kim Jong-nam; Korea Atomic Energy Research Institute President Park Won-seok; and Hanwha Aerospace CEO Shin Hyun-woo.

The MOU contains cooperative provisions for: in-situresource utilization, such as through the Artemis Program; the mutual developmentof imaging systems for resource collection; and the installation of factories forthe utilization of resources on the Moon and Saturn.

"In-situ resource utilization" refers to technologies and facilities employed to utilize resources found on planets in space. Instead of transporting water, oxygen, batteries, construction materials, and fuel from Earth to a location in space for use and development, resources and supplies are sourced locally (i.e. resources found in space are used in space). ISRU is a core technology that is at the heart of humanity's space development efforts.

Some of the goals of the Artemis Program are to land anastronaut on the Moon by 2024 and to establish a sustainable human presence there by 2030. So far, the program has been supported through partnerships with space agencies from 12 countries worldwide. The Korean government officially committed to the Artemis Program in May 2021 and soon after announced plans to land aspacecraft on the Moon.