Private company

KAIST

Logo: KAIST, Public domain, via Wikimedia Commons3

South Korean public research university

KAIST (originally the Korea Advanced Institute of Science and Technology) is a national research university located in Daedeok Innopolis, Daejeon, South Korea. KAIST was established by the Korean government in 1971 as the nation's first public, research-oriented science and engineering institution. KAIST has 10,504 full-time students and 1,342 faculty researchers (as of the Fall 2019 Semester) and had a total budget of US$765 million in 2013, of which US$459 million was from research contracts.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Feb 16, 1971Founded1
KAIST-Symbol-01
Photo: Original uploader was Dr.aleks at en.wikipedia, CC BY 2.5, via Wikimedia Commons5

KAIST (originally the Korea Advanced Institute of Science and Technology) is a national research university located in Daedeok Innopolis, Daejeon, South Korea. KAIST was established by the Korean government in 1971 as the nation's first public, research-oriented science and engineering institution. KAIST has 10,504 full-time students and 1,342 faculty researchers (as of the Fall 2019 Semester) and had a total budget of US$765 million in 2013, of which US$459 million was from research contracts.2

Corporate structure

KAIST sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • KAIST Daejeon
    • Korea Science Academy of KAIST Subsidiary · South Korea

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

The institute was founded in 1971 as the Korea Advanced Institute of Science (KAIS) by a loan of US$6 million (US$38 million 2019) from the United States Agency for International Development (USAID) and supported by President Park Chung-Hee. The institute's academic scheme was mainly designed by Frederick E. Terman, then vice president of Stanford University, and Dr. KunMo Chung, a professor at the Polytechnic Institute of Brooklyn. The institute's two main functions were to train advanced scientists and engineers and develop a structure of graduate education in the country. Research studies had begun by 1973 and undergraduates studied for bachelor's degrees by 1984.

In 1981, the government merged the Korean Advanced Institute of Science and the Korea Institute of Science and Technology (KIST) to form the Korea Advanced Institute of Science and Technology, or KAIST, under the leadership of physics professor Choochon Lee. Due to differing research philosophies, KIST and KAIST split in 1989. In the same year KAIST and the Korea Institute of Technology (KIT) combined and moved from Seoul to the Daedeok Science Town in Daejeon.

The first act of President Suh upon his inauguration in July 2006 was to lay out the KAIST Development Plan. The 'KAIST Development Five-Year Plan' was finalized on February 5, 2007, by KAIST Steering Committee. The goals of KAIST set by Suh were to become one of the best science and technology universities in the world, and to become one of the top-10 universities by 2011. In January 2008, the university dropped its full name, Korea Advanced Institute of Science and Technology, and changed its official name to only KAIST.

From Wikipedia’s article on KAIST, shared under CC BY-SA 4.0.4

Products and brands

Research

KI consists of five institutes and three centers: KI for BioCentury, KI for Information Technology Convergence, KI for Robotics, KI for NanoCentury, KI for Health Science and Technology, Saudi Aramco-KAIST CO2 Management Center, Fourth Industrial Revolution Intelligence Center, and Center for Epidemic Preparedness. Each KI is operated as an independent research center at the level of a college, receiving support in terms of finance and facilities. In terms of ownership of intellectual property rights, KAIST holds 2,694 domestic patents and 723 international patents so far.

Electric vehicles

Researchers at KAIST have developed the Online Electric Vehicle (OLEV), a technique of powering vehicles through cables underneath the surface of the road via non-contact magnetic charging (a power source is placed underneath the road surface and power is wirelessly picked up on the vehicle itself). In July 2009 the researchers successfully supplied up to 60% power to a bus over a gap of 12 cm (4.7 in) from a power line embedded in the ground using power supply and pick up technology developed in-house.

Science and technology

Yi So-Yeon, first Korean to fly in space

Tony Kim, founder of ProtoPie

Read the full text

Business

Sung-kyun Na, co-founder of Neowiz

Byung-gyu Chang, co-founder of Neowiz and founder of Krafton

Chang-han Kim, Krafton CEO

Kim Jung-ju, NEXON CEO

Hae-jin Lee, Next Human Network (NHN Corporation)

From Wikipedia’s article on KAIST, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

  • Korea Science Academy of KAIST

From Wikidata.1

Timeline

  1. Feb 16, 1971Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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