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Displaying items by tag: Korea Aerospace Research Institute

Government of South Korea to Invest US$ 0.9 billion in Drone (UAV) Industry by 2022

/16th October 2017, Cho Jin-Young/ The Ministry of Land, Infrastructure & Transport holds a public hearing on drone industry development with the Korea Transport Institute and the Korea Aerospace Research Institute, reported from BusinessKorea. According to the ministry’s plan to that end, approximately one trillion won (US$0.9 billion) shall be invested for drone technology research and development until 2022 so that South Korea can rank fifth in the world in the sector and its technological strength reaches at least 90% of those of industry leaders.
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