A contract for the first of five spy satellites for South Korea is expected to be signed in October.
Managed by South Korea’s Agency for Defence Development (ADD) it is the initial step in a plan to launch five military satellites by 2022 to help monitor North Korea.
The satellites will be equipped with either a high-resolution synthetic aperture radar (SAR) or electro-optic infrared devices. The ADD will contract a private company to develop and produce the first satellite, with $928.2 million allocated. The first satellite should launch in 2020.
An ADD official told Yonhap: ‘The spy satellite, which is