11/27/2022, 3:26 PM (Source: TeleTrader)
more TeleTrader news

Yoon plans to establish NASA-like agency in S. Korea

South Korean President Yoon Suk-yeol will on Monday present a road map for a "future space economy" that includes ideas for creating an agency comparable to the National Aeronautics and Space Administration (NASA), Yonhap reported, citing his office.

"We will lay a cornerstone so that it becomes an engine for the future growth of the Republic of Korea," deputy presidential spokesperson Lee Jae-myoung was quoted as saying.

Creating an aerospace agency was one of Yoon's campaign trail pledges.

Baha Breaking News (BBN) / NL