A disintegration occurred in July 1975, closing one of the most successful satellite projects of the 20th century.
Thanks to big satellite projects, connections for high-speed Internet, telephone and video will be commonplace in six years or so.
This new satellite project is estimated to cost up to 500 million dollars according to Yonhap news agency.
But Japanese negotiators have been insisting that virtually all satellite projects fall under the definition of basic research.
The firm has produced a wide range of products, including components for the European satellite project.
And what the company has committed to is that the satellite project will not impact our commitments on liquidity.
Experts say such experiments could serve as technological stepping stones to huge solar satellite projects.
Cablevision has been looking for a potential partner to help share the financial load of the satellite project.
On balance, we believe that these factors support a national-interest waiver for this satellite project.
Complications Experts say the satellite project is feasible, but could be restricted by technical limitations.