Korean Aerospace Research Institute (KARI)
On 10 October 1989, the Korean Aerospace Research Institute (KARI) was created, along with the Korean Research Institute of Ships and Ocean Engineering (KRISCO), as part of the national development plan for establishing a strong technology basis for the Republic of Korea. Both research institutes were created as new subsidiaries to that of the existing Korean Institute of Machinery and Metals (KIMM), which was established in December, 1976. KARI was established as a leading Korean research institute to promote advanced aerospace research activities. KARI has a specific responsibility of advancing the level of Korean aerospace research to the world class and helping to create a very competitive aerospace market place in Korea.
As of 1994, KARI had a total workforce of 180 people with 120 people in four research divisions. Of 120 researchers, 56 are PhD holders. As far as the budget is concerned, KARI's funding level had increased every year and is expected to increase in Fiscal Year 1995 due to the construction of about 20 test facilities which were scheduled for completion by 1995.
