Kick stage of Rocket Lab's Electron rocket which will carry NEONSAT-1, Korea's homegrown earth observation nanosatellite later to be a part of a satellite constellation, is seen in this photo, provided by the Ministry of Science and ICT, April 23. Yonhap

Korea is set to launch a homegrown earth observation nanosatellite into space this week, as part of its plan to create the country's satellite constellation by 2027, the science ministry said Tuesday.

The nanosatellite, the first unit of the envisioned satellite constellation, will be launched from Rocket Lab's spaceport in Mahia, New Zealand, at around 10:08 a.m. Wednesday (local time), according to the Ministry of Science and ICT.

The satellite, named NEONSAT-1, will be launched on Rocket Lab's Electron rocket along with the Advanced Composite Solar Sail System created by the U.S. National Aeronautics and Space Administration. NEONSAT stands for New-space Earth Observation SATellite constellation for national safety.

NEONSAT-1, less than 100 kilograms in weight, will be the first among 11 nanosatellites to form a satellite constellation to monitor and take images of the Korean Peninsula and its surrounding waters.

Korea plans to launch five more nanosatellites into the space in June 2026 and five more in September 2027, according to the ministry. (Yonhap)