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Overview
Yoon & Yang’s Aerospace Practice Group advises on legal issues across the full spectrum of the space industry, including satellite and launch vehicle manufacturing and space data utilization, as well as the broader aviation industry, including aircraft manufacturing, MRO, and future air mobility such as UAM and drones. Comprised of seasoned professionals with deep industry knowledge, the Group provides structured and strategic counsel to help clients manage complex legal risks and identify new business opportunities.
Yoon & Yang’s Aerospace Practice Group brings together key experts from the public sector, including former senior officials who have served as President of the Korea Communications Agency, Team Head of the Aircraft Program Department at the Defense Acquisition Program Administration, Director General of the National Industrial Security Center at the National Intelligence Service, and secretariat-level officials from the Ministry of Science and ICT and the Korea Communications Commission. The Group also includes counsel to the Korea AeroSpace Administration and the Korea Aerospace Industries Association, as well as attorneys with prior experience at leading aerospace companies such as Hanwha Aerospace and Hyundai Rotem.
With a deep understanding of the unique characteristics of the space and aerospace industries, the Group offers highly tailored and sophisticated legal services spanning the entire sector, including legislative and government regulatory matters, international rules and standards, intellectual property, public contracts, finance, and tax. In addition, through close collaboration with the firm’s related practice groups, including corporate advisory, defense and government contracts, broadcasting and telecommunications, and financial services, the Group delivers an integrated one-stop solution across the entire industry lifecycle, from company formation and day-to-day operations to regulatory response and dispute resolution.
Yoon & Yang’s Aerospace Practice Group brings together key experts from the public sector, including former senior officials who have served as President of the Korea Communications Agency, Team Head of the Aircraft Program Department at the Defense Acquisition Program Administration, Director General of the National Industrial Security Center at the National Intelligence Service, and secretariat-level officials from the Ministry of Science and ICT and the Korea Communications Commission. The Group also includes counsel to the Korea AeroSpace Administration and the Korea Aerospace Industries Association, as well as attorneys with prior experience at leading aerospace companies such as Hanwha Aerospace and Hyundai Rotem.
With a deep understanding of the unique characteristics of the space and aerospace industries, the Group offers highly tailored and sophisticated legal services spanning the entire sector, including legislative and government regulatory matters, international rules and standards, intellectual property, public contracts, finance, and tax. In addition, through close collaboration with the firm’s related practice groups, including corporate advisory, defense and government contracts, broadcasting and telecommunications, and financial services, the Group delivers an integrated one-stop solution across the entire industry lifecycle, from company formation and day-to-day operations to regulatory response and dispute resolution.
Key Services
A. Regulation, Licensing and Policy
- Advising on international frameworks such as the Outer Space Treaty and domestic laws and regulations, including the Space Development Promotion Act and related legislation
- Advising on licensing, permits and compliance for satellite launch and operation
- Advising on registration requirements, technical standards and public interest review under the Telecommunications Business Act in the satellite communications sector
- Advising on frequency use authorization under the Radio Waves Act in the satellite communications sector
- Advising on policy, legislation and regulatory response involving the Korea AeroSpace Administration and other relevant government ministries and agencies
B. Public Procurement, National R&D and Defense Industry Matters
- Advising on bids, contracts and agreements for aerospace projects commissioned by the government and public institutions
- Advising on participation in national research and development projects, related agreements, administrative sanctions and challenges thereto
- Advising on defense industry, security and industrial technology protection matters
C. Transactions, Investment and International Cooperation
- Advising on company formation and financing in the space industry
- Advising on M&A transactions and joint ventures involving aerospace companies
- Structuring international cooperation arrangements and contracts for space exploration projects
- Advising on export and import controls, economic sanctions and international trade
D. Technology, Data and IP
- Advising on IP protection, licensing, joint development and technology transfer relating to space technologies
- Advising on the use of space data, including satellite imagery, remote sensing data and location information
- Advising on industrial technology protection, trade secrets and security controls
E. Tax and Disputes
- Advising on tax strategy for the aerospace industry
- Representing clients in international arbitration and domestic litigation in the aerospace sector
Representative Cases
- Advised on the development of legislation and administrative rules to introduce a new technology designation regime under the Space Development Promotion Act and related regulations.
- Advised on proposed amendments to the Special Act on the Establishment and Operation of the Korea AeroSpace Administration, including legislative review and support.
- Advised space sector clients on regulatory compliance, contract structuring and risk management for development projects.
- Advised on merger filings, technology transfer and intellectual property management in connection with an M&A transaction between a satellite communications operator and an aerospace company.
- Advised on bidder qualification, contract terms and negotiation strategy for a satellite-based augmentation system project.
- Drafted a launch services agreement in line with international standards and advised on related legal and commercial risks.
- Reviewed a joint research agreement with NASA and advised on technology transfer and intellectual property protection.
- Advised on regulatory requirements under the Telecommunications Business Act and the Radio Waves Act in connection with the launch of satellite communications services.
- Advised on responses to regulatory inspections relating to the collection of location information and the provision of location-based services.
- Advised on appeals against administrative sanctions, including participation restrictions under the National Research and Development Innovation Act
