Seoul: South Korea's aerospace agency said Thursday it has formally requested a government review to revise the development plan for its next-generation space launch vehicle, aiming to shift toward a reusable rocket system.

According to Yonhap News Agency, the Korea AeroSpace Administration (KASA) submitted a request to the finance ministry last week for a feasibility reassessment of the project revision. KASA announced in February that it plans to modify its next-generation space rocket into a reusable system and acquire such technology by 2035.

In its reassessment request to the ministry, the administration said the envisioned change will be part of its broader strategy to respond to the rapidly shifting landscape of the global space industry. "The transition to a reusable launch vehicle is crucial to enhance competitiveness and respond to emerging trends in space launch development," KASA said in a statement. "We expect this reassessment to serve as a turning point in the project."

KASA said it will work closely with the ministry to ensure the revised project plan is thoroughly prepared without any delays.