2017 – South Korean Government Space Budget – Snapshot

The Korea Aerospace Research Institute (KARI) had a 2017 budget of 659.3 billion won (US$576.0 million), a decrease of 13% from its 2016 budget of 746.4 billion won (US$646.7 million).1 Throughout the year, the government continued development of a Korean-made launch vehicle and improvement in the c...

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