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The scale of the Korean space industry is less than 1% of the world’s, so it is imperative to nurture ‘star companies’ outside the government’s leadership.

The global market competition for hegemony in the space industry has entered a different phase than in the past. It is analyzed that the space industry has reached a new turning point with the active participation of private companies, including startups, while stripping away the old days of the closed ecosystem led by the government. The domestic space industry is also calling for an opportunity to make another leap forward.

▶ The U.S. shifts the lead to the private sector

Reference-www.mk.co.kr

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