Korea Aerospace Agency Finalizes Mid- to Long-Term Space Economy Implementation Plan Through 2045

Presenting Goals for Space Resource Utilization, Lunar and Martian Base Construction, and Creation of New Industries

The "Korea Space Exploration Roadmap" has been finalized, aiming to expand the space economy, utilize space resources, build lunar and Martian bases, and create new industries to vitalize the space industry ecosystem.

The Korea Aerospace Agency announced on September 4 that it held the 6th Space Development Promotion Working Committee in writing from August 28 to September 4, during which the roadmap was reviewed and approved.

The final assembly site of the Korean Launch Vehicle Nuriho, scheduled for its fourth launch in November. Provided by the Korea Aerospace Agency. Photo by Yonhap News Agency

The roadmap, which outlines mid- to long-term goals and implementation plans through 2045, includes objectives such as the continuous utilization of space resources for exploration and habitation to expand the territory of the space economy, the construction of lunar and Martian bases, and the creation of new industries to vitalize the space industry ecosystem.

Based on the roadmap, the Korea Aerospace Agency will establish policies to systematically support space exploration, and the specific details will be shared with the public through a separate briefing session.

Yoon Youngbin, Commissioner of the Korea Aerospace Agency, stated, "We will actively pursue space development and the realization of the space economy based on the finalized roadmap," adding, "We will identify and support key areas that will strengthen space exploration capabilities and drive the space economy, enabling the industry to take a leading role in growth."