South Korea is close to completing the termination of a satellite launch contract with Russia.
"The Korea Multipurpose Satellite 6 and the next-generation mid-size satellite Compact Advanced Satellite 500-2, both developed by Korea, were initially scheduled to be launched into space using Russian launch vehicles," South Korea's Ministry of Science and ICT (Information and Communication Technology) said in a statement, The Korea Times reported on Oct. 10.
"But due to the war between Russia and Ukraine and the subsequent international sanctions against Russia, there were uncontrollable circumstances that prevented the use of Russian launch vehicles."
South Korea and Russia have since been attempting to negotiate terms of termination of the launch contract. That process is now nearly complete, according to the report. Details of the contracts and talks have not been disclosed.
Russia has lost a number of commercial launch contracts and space partners in the wake of its war on Ukraine. The country is now looking to countries including Iran, also under a sanctions regime, for business.
Arirang 6, also known as Korea Multipurpose Satellite 6, will now be carried to orbit by Arianespace's Vega-C rocket as early as December 2024, while Korea's science ministry has a preferred bidder to launch the CAS 500-02 satellite.