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Korea is entering the space ages to manufacture satellites and to use them for space applications. In the Space Launch Vehicle field, KSLV-I is now under development in cooperation with Russia. With Space Center in Goheung which is almost completed, Korea will be able to launch satellites with its own launch vehicles in its own land. Korea has successfully launched KOMPSAT-2 in July 2006. KOMPSAT-3 and KOMPSAT-5 are now under development and will be launched from 2009 in due oder. In this paper, Korean space development program including satellites, space center and launcher will be explained.