"Full-Fledged Space Economy Cooperation with India"... Korea Aerospace Administration Hosts 'Korea-India Space Day'

South Korea and India have elevated their space industry cooperation from the stage of "exchange" to "commercialization." On April 20, the Korea Aerospace Administration announced that it co-hosted the "Korea-India Space Day" in Bengaluru, India, together with India's National Space Promotion and Authorization Center.

The event was organized to go beyond simple discussions of cooperation and to achieve tangible outcomes, such as technology exports and joint development. In particular, with over 80 Indian companies applying to participate in advance, it is being evaluated as having confirmed strong local demand and expectations for Korean space companies.

Photo to help understand the article. On September 23 last year (local time), the space launch vehicle 'PSLV' stood at the Sriharikota Space Center in Andhra Pradesh, India. Courtesy of ISRO.

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This event marks the first concrete follow-up action to the memorandum of understanding (MOU) signed with the Indian Space Research Organisation (ISRO) in October last year. The focus was on transforming the "space cooperation" agreed upon between the leaders of both countries into real industrial collaboration.

The event was divided into policy·research sessions and industry sessions. In the policy·research sessions, both countries shared their space industry promotion policies and investment environments, while the Korea Aerospace Research Institute and the Korea Astronomy and Space Science Institute presented their research priorities and potential areas for cooperation.

In the industry session, nine Korean space companies, including Korea Aerospace Industries and Innospace, and nine Indian companies participated to introduce their core technologies and business capabilities.

During the subsequent one-on-one business meetings, concrete cooperation plans were discussed, including technology transfer, joint development, and market entry strategies. A notable feature was the "one team" structure involving government, industry, and research institutions, which expanded the scope of cooperation across policy, research, and industry sectors.

Tae seog Oh, Administrator of the Korea Aerospace Administration, stated, "India is a major space power and the first in the world to succeed in landing at the lunar south pole, making it an extremely important partner." He added, "Through complementary cooperation that combines the strengths of both countries, we will lead the global space economy."

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