South Korea plans USD22.4m investment in technology centre for drones and flying taxis

According to an article published by Aju Korea Daily, South Korea plans to invest 29 billion won (USD22.4 million) to build a future aviation centre in the eastern city of Wonju for the development, demonstration, and technology evaluation of future aviation technologies.

According to Aju Korea Daily:

“Urban air mobility (UAM) is a future ecosystem involving flying passenger vehicles in city areas. A public-private consultative body called Urban Air Mobility Team Korea was launched in June 2020 to commercialize drone taxis in 2025 after the government released a roadmap including the enactment of a special law that would introduce a new urban ecosystem covering personal aerial vehicles ahead of other countries.

“South Korea’s UAM dream team includes Hyundai Motor, Hanwha Systems, Korean Air, SK Telecom, and Doosan Mobility Innovation. In October 2020, Hyundai introduced a roadmap for an autonomous air cargo system that would be commercialized in 2026.

“Drones are also one of the sectors that are receiving highlights in South Korea as potential future growth engines. However, UAM and drone-related services are heavily regulated in South Korea where most urban areas are de facto no-fly zones because of safety and security reasons. South Korea is conducting thorough verifications of flying vehicle-related technologies and operations to prevent safety accidents and breaches of security at military bases and high-security areas near Seoul and its surrounding cities.

“Wonju City said that it will break ground for the construction of the future aviation technology centre at the Buron industrial complex, located west of Wonju on November 23. The four-story research centre will be built on land that is 6,416 square meters wide, about the size of a football stadium, and is due to be finished by December 2024,” says Aju Korea Daily.

(Image: Hyundai Motor Group)