Volocopter, the German urban air mobility (UAM) pioneer and Kakao Mobility (KM), South Korea’s largest mobility platform company, have inked a memorandum of understanding to conduct a feasibility study on introducing UAM in South Korea.
The study will identify a list of potential commercial routes, operational capabilities and business models necessary for a UAM service operator in South Korea. The findings, to be released by February 2022, will lay the groundwork for possible future cooperation between both companies to launch UAM services in South Korea, which plans to commercialise the service by 2025.
UAM refers to urban transportation systems that move people by air. This mobility form complements existing mobility options in cities to reduce congestion and lets people reach their destinations faster and more comfortably. Volocopter has obtained both design and production organisation approvals from the European Union Aviation Safety Agency.
