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South Korea’s space bureaucracy attempts to encourage private sector development

South Korea’s space agency, the Korea Aerospace Administration, has announced a new effort to encourage that country’s private sector in developing rockets and satellites.

[A] plan will be established to link the National Space Council, the highest policy decision-making body overseeing government space policy, with the Aerospace Development Policy Review Committee. Systems will also be established for workforce training in aerospace and the designation of a space development mission center.

To establish an aerospace economic ecosystem, the participation of the private sector in the development and utilization of launch vehicles and satellites will be expanded. In the aviation sector, future aircraft technologies, including urban air mobility (UAM), will be secured, and localization of aircraft materials and components will be supported. To encourage smooth research and development (R&D) investments in aerospace corporations, the aerospace fund will be revitalized with improvements to regulations and support for overseas expansion.

Overall, a lot of this sounds like meaningless bureaucratic gobbledygook. The goal might be to expand the private sector, but the program still has the space agency running everything, from its new government-built Nuri rocket to its other satellite development programs.

Nonetheless, the desire to encourage the private sector is good. It could simply be that South Korea’s private sector is not mature enough yet to take the lead, and the agency by this announcement is working to push it forward.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 

The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

One comment

  • Dick Eagleson

    This seems more than a bit like the Japanese private sector initiative anent future space stations noted in a separate post below. The intent is good, but how things work out in practice – if they work out at all – very much remains to be seen. Still, good luck and here’s hoping.

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