In the midst of the climate crisis and the economic crisis caused by COVID-19, the space industry is recognized as a sustainable industry in all over the world. In addition, the paradigm of the space industry is shifting from government and large corporations to private and small startups. As more and more countries and companies are participating in the space industry, it is time to have a discussion for cooperation to utilize the universe peacefully as an international public land. Against this backdrop, it is very meaningful to seek a cooperative strategy for space industry development at the 17th Jeju Forum, which is held under the main theme of coexistence and cooperation.
Jeju island is the best place for launch and satellite management and is expected to play an important role in the development of Korean space industry. In preparation for this New Space era, Jeju’s policy direction and strategy for developing the space industry should be established. This forum can be a crucial discussion for making the space industry a core future industry in Jeju.