Seungmock Oh

Feb 14, 2024 | ionanalytics.com | Seungmock Oh |Kate Kim |Manu Rajput |Keane Hoo

South Korean government plans to establish in May the Korea Aerospace Administration (KASA), a Korean version of the US National Aeronautics and Space Administration (NASA), are raising hopes of investment and M&A activity taking off in the sector. Korea aims to “significantly” boost state investment in the aerospace industry, fostering more than 2,000 companies in the process, according to the Ministry of Science and ICT (MSIT).