What Happened
Four-Week Intensive Support for Space Startups in South Korea
Amazon Web Services (AWS) has launched a four-week accelerator program for South Korean space and satellite startups, in partnership with the Korea AeroSpace Administration and MegazoneCloud. The program provides cloud and AI technology training, hands-on labs, technical mentoring, and business coaching, with participating companies receiving up to $100,000 in cloud credits. This initiative comes as the South Korean government increases its space and aerospace budget by 47%, reflecting a broader push towards a private-sector-led industrial ecosystem. The program was first reported by Unknown Source.