What Happened
South Korean Conglomerate Invests in Next Generation Space Leaders
Hanwha Group is hosting an open conference for its youth space talent program, Ujuui Joyakdol, on Aug. 29. The program, run in partnership with KAIST, provides space science education and mentorship to middle school students. Hanwha has invested $38.2 billion in the aerospace and AI industries by 2040 and raised its stake in Korea Aerospace Industries to 14 percent. The company aims to build a Korean SpaceX model and nurture the next generation of space leaders. This development was reported by The Korea Herald.