Posted September 15, 2018 09:03:52Inside Planet Industries, the company behind the new Mars colonization venture, has finally launched a fully-fledged manufacturing plant in South Korea.
The company has been in negotiations with the South Korean government for years, but now it has been awarded an exclusive license to start building the plant.
The plant is located in a cluster of residential buildings in the outskirts of the country’s capital, Seoul.
The company says the plant will employ about 1,000 people, including 1,200 manufacturing engineers, 1,500 sales representatives, and 1,100 support workers.
It also plans to hire 500 more engineers to help build the factory’s infrastructure.
The move is an important one, as Inside Planet Industries has been lobbying the South Koreans for the rights to build the plant, but has struggled to secure the permissions needed for the plant to begin operations.
South Korean officials have said that while the South is a large country with a high tech industry, it does not have the ability to build and operate a large plant like the one proposed for Mars.
The U.S. space agency is funding the project, which will be called the Advanced Mars Manufacturing Plant.
The $1 billion Mars mission is the first in a series of rovers and landers to explore the Red Planet, and the facility will allow for further exploration.
Inside Planet, the largest privately-held manufacturing company in the world, is building a large manufacturing plant that will produce parts for the Mars colonization project.
The new plant is in a small industrial park on a hilltop overlooking the city of Jeju.
Inside Planet, which has more than 30 employees in South Korean factories, plans to use its facility to create the next generation of parts for its products.
“It’s an incredible milestone for us, to be able to say this is happening,” CEO Stephen J. Sargent said in a statement.
“This is a critical moment for us to launch our mission to Mars.
Our first manufacturing plant will provide an amazing opportunity to build a future of jobs, innovation and creativity for our workforce.
The world is waiting for us.”
Inside Planet’s manufacturing plant is designed to make parts for new, highly-advanced vehicles that will be used to build new spacecraft.
The plant will also help the company develop its manufacturing processes for future missions.
Sargent is optimistic that the new plant will be ready for operation by 2020.
The Mars program has so far required more than $2 billion in federal funding.
But the company faces hurdles in securing the necessary permits to build its plant.
South Korea is the world leader in building advanced manufacturing facilities, but the country has not had a plant built in the past five years.
The country has also been the target of a number of legal challenges, including a lawsuit from Inside Planet in 2017, which resulted in a $1.2 billion judgment.
The court ruled that the company’s claim that it could not be required to pay taxes on its investment in the factory was invalid.
The case was settled in 2020 for an undisclosed amount, and Inside Planet is still awaiting approval for a new factory in the United States.