Bengaluru: Space authorities of South Korea and India held a joint industry event Monday to expand cooperation and explore space-related business opportunities between the countries, Seoul's space agency said.
According to Yonhap News Agency, the Korea AeroSpace Administration (KASA) co-hosted the Korea-India Space Day event with IN-SPACe, India's space industry promotion and regulatory agency, in Bengaluru. This event was part of the follow-up measures to a memorandum of understanding signed last year between KASA and the Indian Space Research Organization. It coincided with South Korean President Lee Jae Myung's visit to India for a summit with Prime Minister Narendra Modi.
The event featured nine South Korean firms, including Korea Aerospace Industries Ltd. and Innospace Co., delivering keynote presentations on their core capabilities, alongside nine Indian companies. "India, which successfully achieved the world's first landing near the moon's south pole, is an important partner for us," said Oh Tae-seog, head of KASA. He added that the two countries plan to strengthen cooperation to build a leading partnership in the global space economy.