South Korea will launch its first satellite equipped with a domestically developed global positioning system(GPS) in late June.

The Ministry of Land, Infrastructure and Transport announced on Thursday that the satellite will be launched around June 22 to 23 from the Guiana Space Center in French Guiana in South America.

The ministry will hold a meeting of civilian experts and officials from related organizations on Thursday to check the preparations for the launch.

Since 2014, the government has pursued the Korea Augmentation Satellite System(KASS), designed to reduce the margin of error to one to three meters in finding a precise location using GPS, which in turn can provide accurate data for flights.

The satellite will be put into service in December and provide full coverage for Korea on a trial basis before going into full operation at the end of next year after testing of the system's reliability.