South Korea to spend $553 million on space projects in 2021

Source: SpaceNews
Date Published: 02/25/2021

South Korea will spend 615 billion won ($553.1 million) in 2021 on space activities aimed at bolstering its capacity to produce satellites, rockets and other key equipment. The Ministry of Science and ICT announced the budget on Feb. 8, representing 16 government bodies involved in space development.