2015 – South Korean Government Space Budget – Snapshot

The Korea Aerospace Research Institute (KARI) had a 2015 budget of 618.7 billion won (US$553.2 million), an increase of 21.4% from its budget in FY 2014 of 509.6 billion won (US$503.7 million). In February 2015, the South Korean government announced plans to develop South Korea into a major space po...