AAIS and the Korean SMEs and Startups Agency (KOSME) signed a Memorandum of Understanding (MOU) on 20 Mar 2024 to facilitate business cooperation between AAIS members and promising Korean startups. The MOU was inked by Mr Kang Seog Jin, President, KOSME and Mr Wong Yue Jeen, President, AAIS.

In his opening remarks, Mr Wong noted that the aviation and aerospace industries placed great store on leveraging technology, fostering innovation, and attracting talents as ways to develop a more resilient and sustainable aerospace ecosystem. Mr Kang likewise expressed hope that the MOU would lead to greater cooperation between Korean SMEs and Startups and Singapore industry, adding to the ongoing efforts of K-Startup Center Singapore.

Following the discussion and MOU signing, Mr Kang signed the guest book and together with Korean delegates, was briefed on developments at Seletar Aerospace Park.