Published: 1 June 2026 at 12:12 Europe/London

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Episode notes

South Korea’s Unastella just landed $24 million—bringing their total to $44 million—to build rockets that launch small satellites from home soil. Their Una Express-I rocket, launched in May 2025, proved their tech works. Using a kerosene-oxygen engine like SpaceX’s, they cut costs by replacing a heavy turbo pump with a lighter electric motor—similar to Rocket Lab’s approach. Founder Jae Park, a veteran rocket engineer, is building everything in-house for full control. Their next launch, Una Express-II, targets 100 kilometers and could unlock big partnerships. With government backing and Asia’s rising space race, Unastella is poised to become a major player.

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