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Incheon to ‘nurture’ the future space industry beyond the aviation industry

Selected for the ‘Future Space Education Center’project in the aerospace sector

Incheon City, which leads the aviation maintenance business (MRO), willalso play a leading role in the space industry.

Incheon City and Inha University were selected for the ‘Future SpaceEducation Center’ project in the aerospace field, which was openly recruited bythe Ministry of Science and ICT.

The “Future Space Education Center” trains young space experts who cansolve future space problems and lead new technologies. An education center isinstalled at the Aerospace Industry-Academic Convergence Center located inSongdo, and it is operated together with the Department of AerospaceEngineering at Inha University. Through the selection of this open recruitment,5 billion won in government funds will be secured for five years until 2026.

To attract this project, Incheon City has formed a total of 22 consortiumsincluding universities, research institutes, and companies.

In the future, the education center plans to train 45 professionals a yearwith master's and doctoral degrees with expertise to conduct future spacetechnology research.

In addition, it plans to develop autonomous precision celestial navigationtechnology required for lunar exploration through industry, academia, researchand government cooperation, lunar exploration rover and electrolytic thrusterto mine water resources buried on the moon, and core space technologies thatcan be directly used in the domestic lunar probe development project scheduledfor 2030.

▲ Scenarios for resource utilization of lunar poles and Mars exploration

The Aerospace Industry-University Convergence Center is a specializedinstitution composed of 50 specialized research personnel to create anindustry-university convergence district through aerospace convergence and composition,to foster new future industries, and to nurture R&D and aviationprofessionals.

The city expects that this education center will greatly contribute to theadvancement and diversification of local industries linking the aviationindustry and the aerospace industry as well as nurturing space expertsrepresenting Korea in the aerospace industry.

As interest in space development has recently increased around the world,experts predict that the space industry, currently worth  USD 385 billion, will grow to USD 1.1 trillionby 2040.

▲ Space exploration and resource utilization process

Also in Korea, in order to foster the space industry, R&D projectsworth KRW 5 trillion will be promoted nationally for the next 10 years.

Incheon is the birthplace of domestic rocket research, and research in thespace field is being conducted steadily at Inha University, Incheon University,Polar Research Institute, and Korea Institute of Industrial Technology.

 

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