The South Korean government today announced the establishment of its own version of NASA, dubbed the Korea AeroSpace Administration (KASA), with what appears to be a focus on establishing a long term space program and using this to foster an aerospace commercial sector.
KASA was established under a special law passed by the National Assembly in January to unify government organizations in charge of space policy and projects. Based in Sacheon, South Gyeongsang Province, KASA has an annual budget of 758.9 billion won ($556 million) this year. The agency currently has around 110 employees and will eventually have a total of 293.
In March, the government established the 2024 Space Development Promotion Action Plan and set five major missions — including space exploration, space transportation, space industry, space security and space science.
In line with the government’s policy, KASA will establish a roadmap for Korea’s space exploration and plans to promote reusable launch vehicles, development of the country’s own global positioning system (GPS) and a lunar lander program. In particular, it plans to develop a lunar lander with a goal of landing on the moon in 2032, and to design and develop engines to enter the commercial launch service market.
A second South Korea news report quotes the head of this new agency as follows:
“Until now, the country’s space development projects have been led by the government,” Yoon Young-bin, KASA’s inaugural chief, said earlier. “The most important role of the space agency will be supporting the private sector to lead space development.”
He pointed out that the world’s space industry is moving toward the so-called “new space” era, where private companies are actively leading innovation in space technologies with more economic feasibility. “The global paradigm is shifting,” Yoon said, noting that top space companies, such as SpaceX, have developed reusable space rockets and launched a group of small satellites with capabilities similar to medium- and large-sized satellites.
If KASA maintains this approach, then South Korea’s future as a space power is bright. If instead KASA moves to control all space development, including the design and ownership of its rockets and spacecraft, then that program will be stifled, as America’s was by NASA for forty years after the 1960s space race.