Quantcast

FDH Aero partners with Sacheon City to boost South Korea's aerospace sector

FDH Aero partners with Sacheon City to boost South Korea's aerospace sector
Policy
Webp 4icawwvtg7mupp051grumj0ndq6y
JSX Aircraft | Official Website

In a significant initiative to advance South Korea’s aerospace industry, FDH Aero has signed a cooperation agreement with Sacheon City to promote the country’s emerging space sector.

The country established the Sacheon-based Korea Aerospace Administration (KASA) in May this year to support its ambitious plans to send robotic landers to the moon and Mars within the next two decades. It also aims to pursue emerging space technologies, such as asteroid mining and satellite data utilization.

FDH, a California-based provider of supply chain solutions for aerospace and defense customers, will deliver consulting services for Korea's nascent space industry and lead the development of joint space projects both in the region and globally. The agreement takes effect immediately and will last at least two years.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

“Our operations in the region have seen tremendous growth in recent years, and we are committed to leveraging our knowledge and connections to foster industrial cooperation and establish a global supply chain for Korea’s aerospace and defense industry,” said Cody Ho, FDH Aero's managing director for the Asia-Pacific region.

Dae-Woong Jeong, director general of Sacheon City Bureau Aerospace Industry, said the partnership with FDH will “accelerate the growth of Korea’s space industry expertise.”

The Korean government has announced plans to form joint projects with other space research organizations, including NASA, and explore economic cooperation with emerging countries that do not yet have formal space programs. It hopes that KASA will lead to the creation or further development of more than 2,000 aerospace companies, create 500,000 quality jobs, and establish a significant presence in the global market estimated at $291 billion.

Organizations Included in this History
More News

Airbus has released its order and delivery statistics for May, revealing that the company did not secure any new orders during the month.

Jun 9, 2025

Wizz Air is set to increase its capacity by approximately 20% in the year leading up to March 2026, despite facing challenges with a portion of its fleet being grounded due to Pratt & Whitney GTF engine issues.

Jun 9, 2025

ITA Airways is reportedly planning to expand its operations by launching over a dozen new long-haul routes in the next five years.

Jun 9, 2025

The Federal Aviation Administration (FAA) plans to suspend airline operations at Ronald Reagan Washington National Airport on the evening of June 14.

Jun 9, 2025

Wizz Air Abu Dhabi, a joint venture between Hungary-based Wizz Air and Abu Dhabi Developmental Holding Company (ADQ), has experienced significant changes since its launch in January 2021.

Jun 9, 2025

Southwest Airlines, the fourth-largest airline in the United States, has reported a total of 4,194 daily movements for June.

Jun 9, 2025