Singapore injects additional S$60m to develop space capabilities over next two years
Singapore will pump in an extra S$60 million to develop space capabilities over the next two years. Deputy Prime Minister Gan Kim Yong said space technologies have immense benefits across industry, economies and society, and it's timely for Singapore to chart the development strategy for its space sector. The new funds are on top of the S$150-million investment in 2022 for speeding up growth of the space technology ecosystem.
Singapore will pump in an extra S$60 million to develop space capabilities over the next two years. Deputy Prime Minister Gan Kim Yong said space technologies have immense benefits across industry, economies and society, and it's timely for Singapore to chart the development strategy for its space sector. The new funds are on top of the S$150-million investment in 2022 for speeding up growth of the space technology ecosystem.
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