Overair CEO Ben Tigner (left) poses with officials from the Korean National Police’s Human Resources Development Institute. [Courtesy: Overair]
Key Takeaways:
Overair, in collaboration with Hanwha Systems, secured three significant agreements in South Korea during ADEX 2023, marking a major expansion for its advanced air mobility (AAM) initiatives.
These partnerships include a letter of intent for HeliKorea to purchase 20 Butterfly eVTOLs for diverse commercial and public services, along with pilot and maintenance training.
Overair also signed an MOU with the Korean National Police for the provision of aircraft and training, and another with Daewoo E&C to jointly develop AAM networks and infrastructure across Southeast Asian markets.
The company's Butterfly eVTOL is highlighted for its advanced, quiet propulsion system, broad flight envelope, and adaptability for various missions, with plans for certification and launches in both Korea and the U.S.
The South Korean market is in the crosshairs of plenty of electric vertical takeoff and landing (eVTOL) aircraft manufacturers not based in the country: Joby Aviation, Vertical Aerospace, Jaunt Air Mobility, Hyundai’s Supernal, Embraer’s Eve Air Mobility…the list goes on and on.
And it just got longer.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.