The Science and Technology Policy Institute (STEPI) is a South Korean global think tank that contributes to solving global challenges and promoting national competitiveness through in-depth policy research on science, technology, and innovation (STI). STEPI's activities include policy research, planning and management of national R&D, and coordination of international S&T cooperation. They also have a Korea Space Policy Research Center which researches and supports national space development policy. STEPI partners with organizations like the Rwanda Space Agency and Korea Aerospace University to foster space-related growth and initiatives.
All verified mentions of this organization in source documents.
Science and Technology Policy Institute research fellow An Hyoung-joon indicated that reaching a 1.5 trillion won space budget by 2027 would require annual budget expansion of 15 to 20 percent.
Bhavya Lal of the Science and Technology Policy Institute questioned growth rates as high as 11% per year being consistent with observed trends and the markets needed to achieve a trillion-dollar space economy by 2040.
The Science and Technology Policy Institute concluded that a human Mars mission in 2033 was not feasible using NASA’s current architecture.
Bhavya Lal of the Science and Technology Policy Institute led a study mandated by the 2017 NASA authorization act that concluded a 2033 human mission to Mars was not feasible and that the earliest possible dates for such a flight are 2037 or 2039.
NASA contracted with the Science and Technology Policy Institute to prepare a technical and financial assessment of a Mars human space flight mission to be launched in 2033 as directed by Congress in the 2017 NASA authorization act.
The Institute for Defense Analyses’ Science and Technology Policy Institute performed a study concluding it is unlikely that a commercial space station could generate a profit in 2025.