Next-Generation Launch Vehicle Manufacturer Bid Fails... Reannouncement on the 23rd
Hanwha Aerospace Sole Bid Submission
The bid for the general contractor of the next-generation launch vehicle development project, promoted by the Ministry of Science and ICT, was canceled due to no valid bids.
According to the Ministry of Science and ICT and the Public Procurement Service on the 21st, Hanwha Aerospace was the sole bidder in the bid that closed that day. Korea Aerospace Industries (KAI), which was expected to compete with Hanwha Aerospace, did not participate. When there is a single bidder, the bid is canceled.
The Korean launch vehicle Nuriho (KSLV-II), designed and manufactured entirely with domestic technology, is soaring into space with flames erupting from the launch pad at Naro Space Center in Goheung-gun, Jeollanam-do, on June 21, 2022. Unlike the first launch, which carried only a non-functional dummy satellite, the second Nuriho launch included a performance verification satellite and four CubeSats.
/Goheung=Photo by Joint Press Corps
KAI stated in a press release that it decided not to participate in the selection of the lead company for the next-generation launch vehicle development project in order to establish an independent space mobility business plan.
The Public Procurement Service plans to reannounce the bid on the 23rd, but if KAI does not change its position, it is expected that Hanwha Aerospace will proceed with a private contract.
This project aims to develop a two-stage launch vehicle with more than three times the performance of Nuriho, for space exploration including large satellite launches and lunar lander launches. The total bid amount is 950.5 billion KRW. The goal is to conduct three launches in 2030, 2031, and 2032.
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The Ministry of Science and ICT explained that if the reannouncement also results in a single bid, they will immediately proceed with a private contract to ensure that the development schedule is not delayed.
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