Launch Is Just the Beginning... The World Is Already Competing in "Sp…

Orbital transfer vehicles (OTVs)—spacecraft that move satellites to final orbits and extend their operational life—are now a commercialised service in the US and Europe, with companies like Impulse Space, Rocket Lab, Northrop Grumman, and D-Orbit operating in the market. South Korea is investing 40 billion won to develop its own OTV capability by 2029 to enhance launch service competitiveness and enable lunar missions. South Korea just committed 40 billion won to build OTV capability by 2029—a capability that Impulse Space, Rocket Lab and Northrop Grumman already sell to customers. If you make propulsion, docking mechanisms, power systems or thermal management for satellite servicing, Korean government and launch operators will need to buy from you.