Nuri launch 5: What would change if it succeeds? [Globe Guest Interview]

This video is an interview with Hanwha Aerospace team leader Jeong Gyu-jin about launch vehicles and the space industry ahead of Nuri’s fifth launch in October (month 10). He explains that launch vehicles are complex, multidisciplinary systems, making systems integration—which brings together 37 ten-thousand components and around 300 companies—essential, and that stage assembly will move to Suncheon starting with FM6. He says launch 5 is a reliability verification step during the transition to New Space, with the goal of placing 15 satellites, including ultra-small constellation satellites, into precise orbits. He explains that launches 4~7 provide practice in how a company can manufacture the prototype proven by the Korea Aerospace Research Institute cheaply and efficiently, while pursuing commercialization through Falcon 9-style simplification and rideshare sales. He says Hanwha is building a space ecosystem through vertical integration of launch vehicles, satellites, data centers, and AI, along with a satellite production base on Jeju. Regarding profitability, he explains that securing sovereign capability comes first, and that he sees opportunities in gaps caused by SpaceX delays, customized services, data and AI downstream businesses, and component supply chains. He describes a two-track approach: developing next-generation launch vehicles from small to large with reuse in mind, while verifying key technologies through a demonstrator. All outlooks concerning future directions are the speaker’s conditional judgments, not definitive predictions of short-term prices.