Bubblegum Crisis
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But of course ! ^^
Quote 1 :
Eurosatory 2016: South Korea's Hanwha reveals ballistic target system
Richard D Fisher Jr, Paris and Neil Gibson, London - IHS Jane's Defence Weekly
14 June 2016
South Korean business group Hanwha revealed its Korea Ballistic Aerial Target System (K-BATS) for the first time at Eurosatory 2016 in Paris. Likely to be developed into a new multi-payload tactical ballistic missile (TBM), K-BATS is "almost ready for export," a Hanwha official told IHS Jane's , explaining that the group's intent in displaying the system at the international defence and security exhibition was to "demonstrate" that the Republic of Korea has the capability to make ballistic missiles.
K-BATS has a 0.6 m diameter, is 4 m long, and weighs 1.5 tonnes. While being coy about its use as the basis for a tactical ballistic missile, Hanwha officials insist that K-BATS was first developed as a target system for training: the missile designed to emulate the trajectory of various TBM.
Hanwha briefing materials say the system would offer a compatible target for Lockheed Martin's Patriot Advanced Capability 3 (PAC-3) interceptor or South Korea's KM-SAM (its Korean name is Cheongung and its developmental name is Cheolmae-2 ) that was developed by LIG Nex1.
Hanwha also advertises that K-BATS has a ballistic range of 180 km and offered images of the missile being fired from a twin missile launcher. While the twin missile launcher is "fixed", company officials said it could fitted onto a mobile platform.
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Quote 2 :
K-BATS simulates ballistic missiles
David Donald, 16 June 2016
Hanwha Corporation (Hall 5, Stand K397) has brought its K-BATS ballistic aerial target system to Eurosatory for the first time. Launched from a canister, the vehicle replicates a ballistic missile and provides a target for operators of surface-to-air missile systems during trials.
With a range of 180km, the K-BATS vehicle is 4m long and has a body diameter of 0.6m.
It weighs around 1.5 tonnes. It has the ability to mimic several types of trajectory, and is guided throughout its flight by an inertial/GPS system. Telemetry equipment relays crucial data back to a control centre to warn if the target is veering off track, allowing correction updates, while an explosive command destruct function is incorporated in case an errant vehicle threatens lives or infrastructure.
K-BATS has been proven while acting as a target for Korean surface-to-air missile programmes. It can also be used to evaluate the performance of in-service systems such as the Patriot PAC-2 GEM/T and forthcoming PAC-3 systems.
IHS Jane's Defence Weekly
‘K-BATS’ used for successful interception test of ‘M-SAM Block 2’ Anti-Ballistic Missile interceptor
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So probably we won't have a working European-based SAM for a good 5-6 years, hence why they're calling this "medium term". 
