South Korea to Launch $39 Million Fund for Space Startups

The Korean Government is set to establish a fund to support private space startups, according to local sources. According to …
South Korea to Launch $39 Million Fund for Space Startups

The Korean Government is set to establish a fund to support private space startups, according to local sources. According to the South Korean Ministry of Science and ICT, the Government will create a 50-billion-won fund ($38.5 million) by 2027 to invest in the private space sector. The Korea Venture Investment Corp will operate this fund.

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