Panelists and guests of the Space Frontier Forum hosted by SpaceRadar and STIC Ventures pose at the event in Seoul, Thursday. From left are Mirae Asset Capital Managing Director Lee Choong-hwan, KT SAT CEO Choi Kyeong-il and Korea Times President-Publisher Oh Young-jin. Sixth from left are SpaceRadar CEO Park Si-soo and Korea AeroSpace Research Institute Research Fellow Baek Ki-tae. Ninth from left are STIC Ventures CEO Chung Bo-ra, STIC Ventures Director Do Jae-won and Nara Space CEO Park Jae-pil. Korea Times photo by Nam Hyun-woo

Korean space industry consulting firm SpaceRadar and venture capital firm STIC Ventures hosted the inaugural Space Frontier Forum on Thursday, creating a platform for space industry startups, researchers and policymakers to explore new opportunities.

Under the theme, "Understanding and Growing the Space Industry Ecosystem Together," the forum brought together over 150 participants, including officials from Korean space companies, startups, the Korea AeroSpace Research Institute (KARI), the foreign ministry and venture capital firms.

"For the space industry to grow, it is essential for companies, researchers and policymakers to communicate and collaborate," SpaceRadar CEO Park Si-soo said. "We hope today's forum will serve as the starting point."