🚀 From Space Day Controversy to Investment Promotion Zones: Complete Overview of Korea's Space Industry
📅 Analysis Period: April 19, 2025 - April 21, 2025
📌 Controversy Over Space and Aerospace Day Ceremony Location
A controversy has emerged regarding the venue for the first Space and Aerospace Day (May 27) ceremony. Gyeongsangnam-do Governor Park Wan-soo expressed strong regret that the ceremony will be held in Gwacheon, Gyeonggi-do, rather than in Sacheon, Gyeongsangnam-do, where the Space and Aerospace Administration is located.
- Governor Park: "First Space and Aerospace Day ceremony should be held in Sacheon"
• Emphasizes symbolic significance of Space and Aerospace Administration's location
• Article Link | 2025.04.21 - Gyeongnam Governor Park Wan-soo: "Regret over Space Day ceremony in Gwacheon"
• Argues for ceremony to be held in Sacheon where Space Administration is located
• Article Link | 2025.04.21 - Governor Park Wan-soo: "Deeply regret Space Day ceremony in Gwacheon"
• Promises to convey local residents' position to government
• Article Link | 2025.04.21 - Gyeongnam protests 'Space Day ceremony in Gwacheon'
• Local pushback against government's decision to hold ceremony in Gwacheon
• Article Link | 2025.04.21 - Governor Park: "First Space and Aerospace Day should naturally be in Sacheon"
• Highlights the 1st anniversary of Space Administration's opening
• Article Link | 2025.04.21
📌 Legal Framework Established for Space Industry Investment Promotion Zones
The Space and Aerospace Administration announced that the 'Space Development Promotion Act Amendment' and its enforcement decree will take effect from April 23, enabling the designation and management of investment promotion zones for the space industry. This is expected to stimulate investment in space industry clusters and aerospace industry specialized complexes.
- Space Administration: 'Investment Promotion Zone' law amendment to take effect on April 23
• Establishes foundation for strategic development of space industry
• Article Link | 2025.04.21 - Space Administration designates 'Jeonnam, Gyeongnam, Daejeon' as space investment promotion zones
• Announces regional space industry development plans
• Article Link | 2025.04.21 - Space Administration establishes basis for space industry investment promotion zones
• Creates procedures for designation, change, and management of promotion zones
• Article Link | 2025.04.21 - Space industry 'Investment Promotion Zones' to be created
• Expected to attract private companies and activate investments
• Article Link | 2025.04.21 - Space-Aerospace investment promotion zones to offer tax benefits for investments over 500 million won
• Incentives for Gyeongnam, Jeonnam, and Daejeon space industry clusters
• Article Link | 2025.04.21
📌 Space-Aerospace Foundry Business and Cooperation Framework
Collaboration among aerospace-related companies centered around KT Cloud is becoming more active, and international cooperation in the aerospace industry is strengthening, including the partnership between Gyeongsangnam-do and Maryland.
- Gyeongnam-Maryland cooperation agreement signed... 'High expectations' for aerospace industry development
• Collaboration with Maryland, home to NASA research centers
• Article Link | 2025.04.21 - 'Space-Aerospace business' Bitsro Nextec applies for preliminary listing review... targeting IPO in second half of year
• High value-added aerospace technology company prepares for listing
• Article Link | 2025.04.21 - Daejeon City grows as defense, space-aerospace semiconductor industry hub
• Agreement with Hanbat University for defense and aerospace talent development
• Article Link | 2025.04.21 - HS Hyosung successfully synthesizes aerospace-grade high-performance carbon fiber from plant-based materials
• Development of bio-based aerospace-grade materials
• Article Link | 2025.04.21 - "Goal is to enter top 5 aerospace nations"... Leap forward with AI and cloud technology
• Enhancing industry competitiveness through cutting-edge technology
• Article Link | 2025.04.21
📌 Regional Space Industry Cluster Development
Efforts to designate and foster space industry clusters in regions such as Jeonnam, Gyeongnam, and Daejeon as specialized regional industries are becoming more active. In particular, Sacheon City in Gyeongsangnam-do has been designated as an aerospace industry specialized complex and is expected to receive focused development.
- Support for space industry investment promotion zones... 500 million won investment threshold
• Expanded support for regional space industry clusters
• Article Link | 2025.04.21 - Space industry investment promotion zone laws to take effect... Applicable from April 23
• Support for regional industry development and residential environment
• Article Link | 2025.04.21 - Space Administration to fully launch 'Space Industry Investment Promotion Zones' from April 23
• System established to attract private investment
• Article Link | 2025.04.21 - "Support for space companies and talent attraction" Legal basis for investment promotion zones applies from April 23
• Strengthened regional talent attraction and company support
• Article Link | 2025.04.21 - Space industry investment in full swing, Daejeon, Gyeongnam establish legal basis for 'investment promotion zones'
• Expectations for activating regional space industry investment
• Article Link | 2025.04.21
📌 Space Industry Technology Innovation and Tourism
Technological innovations in aerospace, such as the development of eco-friendly aerospace-grade carbon fiber using plant-based materials and high-performance bio-based materials, are progressing, while space-related tourism centered around the Naro Space Center is also being activated.
- HS Hyosung Advanced Materials accelerates development of 'carbon fiber' for aerospace from bio-based materials
• Development of high-performance carbon fiber from eco-friendly materials
• Article Link | 2025.04.21 - HS Hyosung implements 'aerospace-grade' carbon fiber from bio-based materials
• Securing competitiveness through eco-friendly material technology
• Article Link | 2025.04.21 - Taste space food and tour rocket launch sites
• Activation of space tourism centered on Naro Space Center
• Article Link | 2025.04.21 - Space Development Promotion Act amendment to take effect from April 23... Industry development expected
• Fostering future growth engine centered on aerospace industry
• Article Link | 2025.04.21 - Space industry investment promotion zone foundation law implemented... Investment criteria established
• Specific procedures for designation, change, and management of promotion zones
• Article Link | 2025.04.21
📈 AI-Based Stock Recommendation
| Company Name | Recommendation Reason |
|---|---|
| HS Hyosung Advanced Materials | Expected to lead the eco-friendly aerospace material market with plant-based high-performance carbon fiber development for aerospace grade applications |
| Bitsro Nextec | Engaged in high value-added technology businesses including aerospace and nuclear fusion energy; growth momentum with upcoming IPO |
| KT Cloud | Expanding aerospace foundry business and integrating AI and cloud technologies to strengthen market competitiveness |
| Hanwha Aerospace | Expected to benefit from government support and tax incentives as a leading domestic aerospace company in the newly designated investment promotion zones |
| Gyeongnam region tourism-related stocks | Expected to benefit from space tourism activation centered around Sacheon, home to Space Administration, and the Naro Space Center |
🔑 Key Keywords
Space and Aerospace Day, Investment Promotion Zones, Space Administration, Sacheon, Space Development Promotion Act, Carbon Fiber, Clusters, Bio-based Materials, Maryland Cooperation, Tax Benefits