SKT Joins Partnership to Lead Commercialization of Urban Air Mobility in Korea


SK Telecom (NYSE:SKM, hereinafter referred to as SKT) nowadays announced that it signed a Memorandum of Knowing (MOU) with the Korea Airports Company, Hanwha Devices and the Korea Transport Institute to collaborate for the commercialization of City Air Mobility (UAM*) in Korea.
*Urban Air Mobility refers to the eco-pleasant air mobility services out there in urban regions through the use of electric powered vertical takeoff and landing (eVTOL) aircrafts.


As members of UAM Workforce Korea, an business-academia-investigation council and policy neighborhood launched by the Korean Governing administration, the 4 events are committed to accelerating the realization of the governments UAM roadmap (named K-UAM Roadmap) via collaborative investigation and progress in all linked parts like UAM infrastructure, aircrafts, air targeted visitors, demand from customers and receptivity.


Under the MOU, SKT will check and develop conversation community products for UAM. The business strategies to produce an best communications natural environment for UAM, where steady and trustworthy connectivity among aircrafts and ground infrastructure is important.


SKT will also create a UAM company platform to present all connected solutions – e.g. booking, transit, and so on. – in an built-in fashion to provide seamless mobility to buyers, letting them to proficiently travel to a location by employing various modes of transportation like UAM, bus, coach and personalized mobility cars.


The Korea Airports Corporation will establish and run UAM infrastructure which include vertiports, and take care of UAM Targeted traffic, whilst Hanwha Devices develop UAM aircrafts as properly as solutions for UAM targeted visitors command and navigation. The Korea Transport Institute will perform reports to forecast the desire and receptivity for UAM.


Going ahead, the four get-togethers assume their endeavours to add to minimizing social expenses brought on by traffic congestion in huge towns like the metropolitan location and aid GHG-free, environmentally-helpful transportation consider root in Korea.


Through near partnership with the Korea Airports Corporation, Hanwha Methods, and the Korea Transport Institute, we will accelerate the commercialization of city air mobility in Korea and acquire business management by introducing a new and progressive mobility infrastructure, mentioned Ryu Youthful-sang, President of MNO at SKT.
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