South Korea's Aerospace R&D Budget
This is a South Korea news story, published by MSN, that relates primarily to KASA news.
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Korea Aerospace Research InstituteYonhap News Agency
•Science
Science
Nat'l space agency to invest 806.4 bln won in R&D projects this year
87% Informative
South Korea will invest 806.4 billion won ( US$562.5 million ) in research and development projects this year .
The agency's R&D budget for 2025 marks a 43.3 percent increase from that of last year .
KASA will also invest 24.9 billion won in developing a microsatellite swarm, 35 billion won for geostationary orbit communications satellite.
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