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    "headline": "South Korea Approves 31.29 Billion Won Plan for Next-Gen National Satellites",
    "dek": "South Korea approves a 31.29 billion won project for Landsat 3 and 4 satellites using a new private procurement model.",
    "prose": "The South Korean Ministry of Land, Infrastructure and Transport announced on April 4 that the preliminary feasibility study for the Landsat 3 and 4 satellite development project has passed. [^1]\n\nA 59.27 square meter apartment in the Geumcheon Lotte Castle Gold Park 2nd phase complex in Doksan-dong, Geumcheon-gu, Seoul, was sold for 1.05 billion won. [^2]\n\nThe government plans to invest a total of 312.9 billion won to develop the Landsat 3 and 4 satellites. [^3]\n\nThis project introduces a new procurement method where private companies will directly develop and manufacture the satellites for the government, marking the first time this model is used for a public satellite mission in South Korea. [^4]\n\nThe sale price of 1.05 billion won is classified as a record high compared to transactions within the same complex and unit size over the past three years. [^5]\n\nThe transaction was recorded in the Ministry of Land, Infrastructure and Transport's real estate transaction system on September 3, 2026. [^6]\n\nThe apartment sale took place on August 22, 2026, for a unit located on the 34th floor of Building 202. [^7]",
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