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Evolution and Dynamics of the Space Industry in South Korea

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Asie Visions
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The advent of the 21st century has witnessed the rise of the space industry as a pivotal arena of technological innovation, economic opportunity, and geopolitical significance. Amidst this global landscape, South Korea has emerged as an increasingly influential player in space exploration and technology.

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Astronaut in a spacesuit places a flag of their country on the planet's surface. A spaceship flying among the stars. Man in open space. Silhouette. Flag of South Korea. Vector.
Astronaut in a spacesuit places a flag of their country on the planet's surface. A spaceship flying among the stars. Man in open space. Silhouette. Flag of South Korea. Vector.
© Maria Gaman
Corps analyses

This paper comprehensively examines South Korea’s strategic approach to its space industry, covering growth patterns, governmental policies, and international positioning.

First, while discussing recent legislative changes and the Korean Aerospace Agency (KASA) establishment, we focus on the space industry ecosystem to highlight a shift to a market-oriented model for sustained growth. The shift in the space industry in South Korea hinges upon various factors, such as well-established governance, the private sector’s capital investment, and legal reforms.

Second, South Korea’s evolving space strategy, spanning three phases and aiming for global space economic power by 2045, is incorporated in the “Space Development 2.0” initiative that outlines goals to integrate space exploration with economic infrastructure. Also, South Korea’s military space strategy, outlining a three-stage plan for enhanced capabilities and institutional restructuring, has emerged as a new component of South Korea’s space strategy. The international cooperation strategy, including a strengthening space alliance with the U.S. and collaborations with emerging space nations, underscores South Korea’s commitment to a global and collaborative approach.

In conclusion, the paper provides a multifaceted analysis, offering insights into South Korea’s trajectory as a critical player in the evolving space landscape, covering legislative, economic, technological, and international dimensions. 

 

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ISBN / ISSN

979-10-373-0820-7

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Evolution and Dynamics of the Space Industry in South Korea

Decoration
Author(s)
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Asia Map
Center for Asian Studies
Accroche centre

Asia is a nerve center for multiple global economic, political and security challenges. The Center for Asian Studies provides documented expertise and a platform for discussion on Asian issues to accompany decision makers and explain and contextualize developments in the region for the sake of a larger public dialogue.

The Center's research is organized along two major axes: relations between Asia's major powers and the rest of the world; and internal economic and social dynamics of Asian countries. The Center's research focuses primarily on China, Japan, India, Taiwan and the Indo-Pacific, but also covers Southeast Asia, the Korean peninsula and the Pacific Islands. 

The Centre for Asian Studies maintains close institutional links with counterpart research institutes in Europe and Asia, and its researchers regularly carry out fieldwork in the region.

The Center organizes closed-door roundtables, expert-level seminars and a number of public events, including an Annual Conference, that welcome experts from Asia, Europe and the United States. The work of Center’s researchers, as well as that of their partners, is regularly published in the Center’s electronic journal Asie.Visions.

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Date de publication
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Accroche

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Taiwan’s Rising Space Program: Building Up Industry, Supporting National Security

Date de publication
13 November 2024
Accroche

Taiwan, known for its leadership in semiconductors and information and communications technology (ICT), is now making significant strides in the space industry. While historically modest, Taiwan’s space program has seen a transformation since 2020, driven by President Tsai Ing-wen’s commitment to expanding the country’s space capabilities. Key milestones include the passage of the Space Development Act and the creation of the Taiwan Space Agency (TASA), which has bolstered the resources and visibility of Taiwan’s space ambitions.

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AI and Technical Standardization in China and the EU: Diverging priorities and the need for common ground

Date de publication
31 October 2024
Accroche

Given the highly disruptive potential of AI, global cooperation on AI safety and governance is imperative, and yet the deeply transformational potential of AI also ensures that a high level of competition and systemic rivalry is likely unavoidable. How can the EU best manage its complex relationship with China in the field of AI so as to ensure a necessary level of cooperation in spite of competition and rivalry?

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China’s Quest for a Quantum Leap

Date de publication
22 October 2024
Accroche

The global race to harness quantum science is intensifying. Recognizing the strategic potential of quantum technology for economic, military, and scientific advancement, China is focusing on quantum breakthroughs as a way to shift the balance of power, especially in its competition with the United States. President Xi Jinping has emphasized the importance of scientific innovation, particularly in quantum fields, to fuel national development and ensure security.

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Astronaut in a spacesuit places a flag of their country on the planet's surface. A spaceship flying among the stars. Man in open space. Silhouette. Flag of South Korea. Vector.
© Maria Gaman

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Evolution and Dynamics of the Space Industry in South Korea