2024-06-27
The Korea AeroSpace Administration (KASA), under the Ministry of Science and ICT, was inaugurated in Sanam-myeon, Sacheon city, Gyeongsangnam-do, South Korea on May 27, 2024. The newly established KASA serves as the control tower for South Korea's aerospace policies, R&D, and related industrial promotion. The Korea Aerospace Industries (KAI) in Sacheon city has led the aerospace industry for the past 40 years.
With this inauguration, government-funded research institutions, including the Korea Aerospace Research Institute and the Korea Astronomy and Space Science Institute, have been transferred to be under the jurisdiction of KASA. These research institutes will continue their existing projects and directly conduct R&D.[
Source: https://www.hellodd.com/news/articleView.html?idxno=104221
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