The Korea AeroSpace Administration, the new government space agency, recently commenced operations with the aim of propelling the country into the top five global space leaders. Steve Chien, an experienced artificial intelligence specialist at NASA, emphasized the need for a "balanced portfolio" in the space sector, involving government, large and small companies, and universities. He highlighted the importance of understanding the relative strengths and weaknesses of each player in the space industry. Chien, who has been with NASA's Jet Propulsion Laboratory since 1990, pointed out the agility of smaller companies in contrast to government entities, emphasizing their ability to act quickly without the need for extensive approval processes. He expressed optimism about the establishment of KASA and the potential of Korea's space sector, citing the country's exceptional engineering talent. The KASA has ambitious targets, including accounting for 10 percent of the global aerospace market, fostering over 2,000 aerospace firms, and creating 500,000 jobs by 2045. Chien also emphasized the importance of defining clear goals for the space agency, highlighting the distinction between specific missions and fostering the aerospace industry. The KASA has outlined seven strategies, including plans to enter the new space launch service market, forming a satellite ecosystem, expanding space exploration to Mars and deep space, and establishing leadership in the aerospace industry. Additionally, the agency aims to set up an industrial ecosystem for space, strengthen the government's role as a national aerospace policy control tower, and expand global influence in the aerospace sector.