<기사제목>Ministry of SMEs and Startups Partners with ANSYS to Foster Space Startups

Global Leading Company in Engineering Simulation
Meeting to Support Startups in the Space and Aerospace Sectors

The Ministry of SMEs and Startups is partnering with Ansys, a global leader in engineering simulation, to support startups in the space and aerospace sectors.

The Ministry announced on the 21st that it held a meeting with Ansys to support startups in the space and aerospace fields. Ansys, headquartered in Pittsburgh, USA, is a global leading company that develops and sells engineering simulation software. It has a broad portfolio of solutions including structural, fluid, electromagnetic, system and circuit, and optical simulations. Ansys' solutions play a crucial role in the development of various technologies and products ranging from satellites and rockets to mobile devices.

Since 2021, the Ministry and Ansys Korea have jointly operated the global corporate collaboration 'ASK Program,' nurturing startups in smart mobility, electronics and electrical, and mechanical fields. From 2021 through last year, 20 startups annually, totaling 60 startups, received support from Ansys Korea through the ASK Program for productivity innovation and global market entry, attracting a total investment of 38.6 billion KRW and filing 220 intellectual property rights.

Based on the operational achievements so far, the Ministry and Ansys Korea have added 'space and aerospace' to the ASK Program's support sectors starting this year, expanding the support scale to 25 startups including 5 in the space and aerospace fields. Separately, the Ministry has also prepared a specialized support program for the selected space and aerospace startups in cooperation with the Korea Aerospace Research Institute.

At the meeting, promising startups in the space and aerospace sectors, along with companies participating in the ASK Program, attended and conveyed their needs for support to the Ministry and Ansys. Furthermore, the Ministry, Ansys, the Space Agency, the Korea Aerospace Research Institute, and other related organizations present at the meeting reaffirmed their commitment to collaborate in fostering space and aerospace startups. Prior to the meeting, Minister Oh Young-joo of the Ministry held a discussion with Ajay Gopal, CEO of Ansys, who visited Korea, to discuss collaboration plans for nurturing startups in the space and aerospace sectors.

Minister Oh stated, “As the space industry is gaining attention as a new future growth engine, the Ministry plans to focus on nurturing promising startups in the space sector that can become game changers,” adding, “Through cooperation with global companies, the Ministry will spare no effort to support domestic space startups to grow into key players of a space powerhouse.”

This content was produced with the assistance of AI translation services.