South Korean government has promoted the KPS plan with the goal of providing ultra-precision PNT (position, navigation, and timing) information to areas surrounding the Korean Peninsula, thereby increasing the stability of transportation and communication infrastructure operation and fostering new industries.

The plan is to build an independent satellite navigation system that will be used across the economy and society, including transportation and communications, finance, national defense, agriculture, and disaster response.

The government expects that once the KPS is completed, the accuracy of location information around the peninsula will greatly increase.

[1] In June 2021, the 19th National Space Committee hosted by the Ministry of Science and ICT deliberated and confirmed the 3rd Amendment to the Basic Plan for Space Development Promotion containing the KPS promotion plan.

In October 2024, the Korea Aerospace Research Institute and the Korea AeroSpace Administration decided to partially delay the satellite development plan at the KPS Preliminary Design Review.