South Korea plans to increase the Korea AeroSpace Administration's 2027 budget by 47% to 1.6491 trillion won, up 529 billion won from 1.1201 trillion won this year. The spending plan prioritizes launch vehicles and lunar exploration, with the government seeking at least one Nuri rocket launch annually before developing a privately led system capable of two to three or more launches a year. Lunar exploration funding will rise 180.1% to 279.4 billion won, including 106.3 billion won for a domestically developed small lunar lander targeting a 2030 landing and technology demonstration. Space transport will receive the largest allocation, 562.9 billion won, while next-generation launch vehicle funding will rise 2.4-fold to 291.6 billion won, supporting reusable first-stage and heavy-lift technology. The plan also covers satellites, a space AI data center, future aviation, talent development and 184.5 billion won for a private aerospace industrial ecosystem. Administrator Oh Tae-seok said the request aims to connect government technology development with corporate growth and industrial competitiveness.