In 2025, South Korea’s National Space Agency will invest a total of 806.4 billion won ($562.5 million) in research and development (R&D), marking a 43.3% increase from the previous year.

• Rocket Technology Development: Korean rocket advancement (147.8 billion won), next-generation rocket development (150.8 billion won), and reusable rocket technologies (500 million won).
• Satellite Technology: Microsatellite swarm development (24.9 billion won) and geostationary orbit communication satellites (35 billion won).
• International Collaboration and Exploration: Joint lunar environment monitoring with NASA (7.3 billion won) and independent lunar spacecraft development (45 billion won).
• Support for Research Institutes: Funding for the Korea Aerospace Research Institute and Korea Astronomy & Space Science Institute (187.4 billion won).

This initiative aims to position South Korea among the top five global aerospace leaders by fostering private-led innovation and expanding space exploration capabilities.

* Article source : https://www.koreaherald.com/article/10404467