On August 21, the Ministry of Science, ICT and Future Planning announced that it formed the Moon Exploration Cooperation Committee in preparation for the moon exploration business with twelve government-funded research institutions.
The Committee will have its first meeting on the 23rd to discuss ways to create synergy in the development of science and technology for moon exploration.
The participating institutions are as follows: the Korea Research Council of Fundamental Science & Technology, Korea Research Council for Industrial Science & Technology, Korea Institute of Science and Technology, Korea Institute of Machinery & Materials, Korea Institute of Industrial Technology, Korea Atomic Energy Research Institute, Korea Electrotechnology Research Institute, Electronics and Telecommunications Research Institute, Korea Institute of Geoscience and Mineral Resources, Korea Astronomy & Space Science Institute, Korea Research Institute of Standards & Science, and Korea Aerospace Research Institute.
The Ministry of Science, ICT and Future Planning announced, “Moon exploration will bring together technologies from all industries in the nation and provide an opportunity to take a step forward in technology and space science.” They added that they “expect such technologies to spread to related industries.”
The Ministry of Science, ICT and Future Planning is currently conducting a preliminary feasibility study for the moon exploration business and will establish an action plan by the end of this year.