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General discussion => Satellite industry news => Topic started by: NewsHound on March 31, 2023, 10:46 AM
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South Korea sets record space budget to bolster industry, develop new rocket
South Korea will spend 874.2 billion won ($674 million) on space programs this year to expand its domestic space industry, develop a next-generation launch vehicle, and bolster space defense capabilities. It is a 19.5 percent increase from the previous year, and the most South Korea has ever budgeted for space.
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Source: South Korea sets record space budget to bolster industry, develop new rocket (https://spacenews.com/south-korea-sets-record-space-budget-to-bolster-industry-develop-new-rocket/)