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KOREAN GOVT INCREASES BUDGET FOR INVESTMENT IN SPACE TECHNOLOGY.
SEOUL, Feb 1 Asia Pulse - The government decided Thursday to increase its budget for space technology investment to 128.5 billion won (US$101.9 million), up 56 percent from last year, the Planning and Budget Ministry said.
The government aims to raise Korea's global ranking in the space industry to within the top 10 by 2015.
As part of that measure, the government will endorse the development of a second Korean Multipurpose Satellite (KOMPSAT), a broadcast satellite and a ...
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