the reserve was established in 1968, and is leased by the state of hawaiʻi's department of land and natural resources (dlnr). the university of hawaiʻi manages the site and leases land to several multi-national facilities, which have invested more than $2 billion in science and technology. the lease expires in 2033 and after that 40 of 45 square kilometers (25 of 28 square miles) revert to the state of hawaii.