Urban-Air Port join forces with Korean powerhouses Hanwha Systems and Korea Airports Corporation to propel Advanced Air Mobility towards a sustainable future.

Ricky Sandhu and Andrea Wu of Urban-Air Port with Dongwan Yoo, Hanwha Systems, and MC Jung, Korea Airports Corporation 

PARIS – June 22, 2023, Paris Air Show   

Hanwha Systems, Korea Airports Corporation and Urban-Air Port® Ltd, have joined forces in signing a Letter of Intent, committing to a future of sustainable air mobility by deploying an extensive range of technology-driven innovations to empower ultra-efficient, high-throughput vertiport infrastructure solutions.  

This commitment signals the importance of having the right partners with outstanding reputation working collaboratively, and the need to have vital infrastructure in place to spearhead the future of air transportation and deliver the many benefits it promises. 

We are deeply thrilled to be joining forces with the two titans of Korean aviation and air mobility, Hanwha Systems and Korea Airports Corporation.

Each are industry leaders, but collectively, this strong partnership brings together uniquely, an extensive portfolio of innovation, experience, expertise and world-class reputation, poised for exploitation and implementation in this rapidly developing sector.

Alongside Urban-Air Port’s existing strategic partnership with investor, Supernal - part of Hyundai Motor Group, the alliance further strengthens the Korean AAM ecosystem, enabling scaling-up of pioneering vertiport technology solutions and operations globally.
— Andrea Wu, Chief Executive Officer at Urban-Air Port

The short and long-term strategic partnership builds on Korea Airports Corporation’s portfolio of 14 regional airports with integrated design, construction, management and operation of air mobility infrastructure capabilities, Hanwha System’s vehicle development program, state-of-art UATM and expansive aviation technology expertise, and Urban-Air Port’s revolutionary proprietary vertiport technology, to provide a blueprint for an innovation-rich future of Advanced Air Mobility.  

Together, the formidable trio commit to deliver on the shared mission to innovate in the pursuit of sustainability, and to further develop a wide range of AAM solutions for future–friendly air mobility vehicles, services and infrastructure in the pursuit of excellence. 

Hanwha Systems, a specialized company in eVTOL aircraft development and UAM Traffic Management systems, expects to create various business opportunities through collaboration with UAP, an innovative European UAM infrastructure market player.
— Sung-Chul Eoh, CEO of Hanwha Systems. 
I believe that the strategic partnership with UAP, a leading overseas company with the highest capabilities in the UAM vertiport sector, is the first step in gaining recognition for Korea Airports Corporation (KAC)’s technology and expertise in the global market. We will continuously strive to enhance the competitiveness of Korea’s UAM-related technology by expanding our overseas collaborations
— Hyeong-Jung Yoon, CEO of Korea Airports Corporation

About Hanwha Systems 
Hanwha Systems is the representative company of the Republic of Korea ranging with the world-class companies in various business areas based on defence electronics, avionics, aerospace, and information systems service. Hanwha Systems has Defense Division and ICT Division with the customer value being the top priority. 

Hanwha Systems also offers the next generation transportation system that will change our future lifestyle with UAM(Urban Air Mobility). As a global total solution provider for urban air mobility, Hanwha Systems intends to provide the safest and convenient mobility services.  

About Korea Airports Corporation 
KAC is a state-owned company comprehensively managing 14 regional airports in Korea. KAC wishes to ensure efficient construction, management, and operation while providing smooth air transportation by supporting and facilitating the aviation industry, and contributing to the national economy and wellbeing. 

KAC is also passionate about preparing UAM vertiport and UATM service. To provide the safe and convenient experiences for people when using the vertiport, KAC is currently developing various vertiport infrastructure and integrated vertiports operating system. 

About Urban-Air Port® 

Urban-Air Port Limited is an award-winning eVTOL vertiport infrastructure designer, developer and operator. We are a technology, design and IP-rich company with proven world-leading experience in delivering fully integrated and operational vertiport systems. Our world-leading ecosystem of partners and supply chain are some of the biggest names in aerospace, energy, mobility, logistics, electric aviation and eVTOL, planning, architecture & engineering, fabrication & construction and airport operations.  

Visit www.urbanairport.com for more information and follow us on Twitter and LinkedIn

Contact: Darryn Holder, Head of Planning & Partnerships, Urban-Air Port®  |  darryn.holder@urbanairport.com   

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