Kang Seok-jin, Chairman of Jungjin Gong, "Supporting the Global Growth of Domestic Aerospace Companies"

Accelerating Support for Promising Aerospace SMEs
Chairman Kang Seok-jin Visits Space Solution in Daejeon
Discusses Global Market Entry and Support Measures

The Small and Medium Business Corporation announced that Chairman Kang Seok-jin visited Space Solution, a space aerospace parts specialized company located in Daejeon, on the 26th to inspect the site and have a communication session with company officials.

This on-site communication was arranged to observe the current status of small and medium ventures leading technological innovation in the advanced manufacturing sector and to listen to the difficulties faced by companies in order to seek practical support measures.

Jungjingong

Space Solution is a company with outstanding technological capabilities in the aerospace and precision manufacturing fields. Since 2010, it has participated in the Korean space launch vehicle ‘Nuriho’ project, developing related valves, tanks, and thruster attitude control systems.

In particular, in 2023, it gained attention by being selected as the first investment destination of the country’s first ‘Space Mother Fund,’ and recently, it has been promoting entry into the overseas satellite parts market and expanding cooperation with global aerospace companies.

On that day, Chairman Kang Seok-jin personally toured the company’s production facilities and research and development (R&D) sites to check core technologies and products, and discussed global market entry strategies and support plans from the Small and Medium Business Corporation.

Lee Jae-heon, CEO of Space Solution, said, “Participating in domestic space development projects has given us confidence that ‘we can do it too,’” and added, “We plan to actively enter the global aerospace market going forward.”

In response, Chairman Kang Seok-jin said, “The aerospace industry is a representative future new industry, and the current domestic technology level is steadily advancing, so further leaps are highly anticipated,” and added, “The Small and Medium Business Corporation will take the lead in providing unwavering support so that companies with excellent technology in the aerospace field can grow into global enterprises.”