Megazone Cloud announced on the 14th that it is recruiting participating companies for 'AWS Space Accelerator: Korea 2026' in collaboration with AWS and the Korea Aerospace Administration (KASA) targeting domestic space and satellite startups.
The AWS Space Accelerator is a global program by AWS that provides cloud technology and business mentoring to support the technical development capabilities and business growth of startups in the space industry sector.
Now in its sixth year since its launch in 2021, the program has supported the establishment and expansion of space startups based on cloud technology in various countries including the United States, Australia, India, and Japan. This year's program in Korea will be jointly conducted by AWS, KASA, and Megazone Cloud, with Megazone Cloud supporting all aspects of program operations, including hands-on labs and one-on-one technical mentoring by experts.
This year's program will select 15 to 20 domestic startups in fields such as satellite manufacturing and operation, Earth observation, launch vehicles, orbital services, space communications, space-related AI, and space software. Startups located in Korea that are at the early stage up to the pre-Series B stage and plan to develop space systems based on AWS can apply. Selected companies will receive cloud and AI technology sessions, hands-on labs, business coaching, and networking opportunities with investors and industry stakeholders.
Applications for participation will be accepted until October 2 and can be submitted through Megazone Cloud's tech blog, Aiting. After selection and onboarding in October, the program will begin on October 27 and continue operating cloud and AI technology sessions, hands-on labs, business coaching, etc., until November 13. Following this, overseas space event-linked pitching, a final pitching day, and a graduation ceremony are also planned.
As a partner, Megazone Cloud will support all aspects of program operations including onboarding for participating companies, hands-on labs, and one-on-one technical mentoring by experts. AWS will provide up to $100,000 worth of cloud credits, technical support, and business coaching from industry experts through AWS Activate, while KASA will support the discovery of promising domestic space startups and facilitate connections with government and industry networks.
Selected companies will receive business coaching by space industry experts on topics such as funding, market entry, and pitching, along with networking opportunities with venture capital firms and demand-side companies. Global exchange opportunities utilizing the AWS Global Space Accelerator alumni network will also be provided.
Yeon Dong-hoon, CEO of Megazone Cloud, stated, "We will support domestic space and satellite startups to enhance their technological competitiveness by leveraging cloud and AI technologies and connect them to actual business growth." He added, "We hope this program becomes an opportunity for promising startups to grow into domestic and international markets by connecting with investors, customers, and the industrial ecosystem."
in TECH
