Hyundai Rotem partners with Korea Aerospace University to strengthen space business

By Kim Hee-su Posted : May 11, 2026, 11:35 Updated : May 11, 2026, 11:35
Hyundai Rotem CEO Lee Yong-bae (left) and Korea Aerospace University President Huh Hee-young posing for a photo after signing a memorandum of understanding on cooperation in space industry technology development on May 11, 2026. Courtesy of Hyundai Rotem
SEOUL, May 11 (AJP) - Hyundai Rotem has signed a memorandum of understanding with Korea Aerospace University to cooperate in the space industry, the company said Monday.

The agreement, signed on Friday, is aimed at building an industry-academia cooperation platform in the space sector through joint research, networking and talent development.

Under the MOU, the two sides will work together on joint research and commercialization of next-generation space technologies, establish a virtuous cycle of technology and academic information sharing, and foster future space professionals through field-based training programs.

As part of efforts to strengthen joint research and commercialization capabilities, Hyundai Rotem and Korea Aerospace University will cooperate in planning and carrying out national research and development projects, while the university’s expert groups will support technical verification of Hyundai Rotem’s projects. 

The two sides also plan to jointly utilize research infrastructure.

“We expect this partnership with Korea Aerospace University’s expert groups and research infrastructure to help strengthen our space technology capabilities,” a Hyundai Rotem official said. “We will put strong momentum behind our space business and build a virtuous cycle of shared growth with partners contributing to the development of Korea’s space industry.”

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