What Happened
Korea AeroSpace Administration To Clarify Role And Improve Efficiency
South Korea’s Space Agency Chief Oh Tae-seok has announced plans to restructure the Korea AeroSpace Administration (KASA) to clarify its role as a support agency and improve efficiency. The agency was launched two years ago, but its ambiguously designed organizational structure has led to problems with duplication and lack of internal cooperation. Oh Tae-seok aims to raise South Korea’s global aerospace market share to 3% by 2035 and has outlined plans to build a space highway, establish a low-Earth orbit satellite communication network, and foster the future aviation industry. This development was first reported by BigGo Finance.