# KAI to invest $88 million for AI-led automation in aviation manufacturing

Korea Aerospace Industries Ltd. announced a 98.5 billion won ($88.1 million) investment plan over five years to establish a smart manufacturing platform using AI and apply smart automation solutions to all production lines.

- Type: Investment
- Announced: 2021-04-23
- Where: South Korea
- Value: $88.1M
- Status: announced
- Products: aircraft, smart manufacturing platform
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Korea Aerospace Industries](https://endata.com/companies/2831.md)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/9843868), 2021-04-23: "KAI on Thursday announced a 98.5 billion won ($88.1 million) investment plan for the next five years to establish a smart manufacturing platform, using artificial intelligence (AI), and catalyze the aviation industry ecosystem."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.