SK Telecom Drives UAM Commercialization in South Korea
Urban Air Mobility includes eco-friendly air mobility services available in urban areas through the use of electric vertical takeoff and landing (eVTOL) aircraft. urban air mobility companies
Last year, South Korea unveiled its plan to commercialize UAM services by 2025 to help overcome urban traffic congestion by using unmanned drone taxis.
SK Telecom said they will work together to develop the infrastructure and aircraft required for UAM services.
Urban air mobility companies
Under the partnership, SK Telecom will establish a network for air traffic communication and develop a platform that connects UAM services with other modes of transportation, reports Yonhap news agency.
Hanwha Systems will be in charge of developing the aircraft and its control system, Korea Airports Corp. will establish and operate the aircraft ports, while the Korea Transport Institute will research on UAM service demand and adoption.
The move comes as South Korea expects the UAM industry to take off in the next few decades.
SK Telecom said the global UAM-related market is expected to be worth 731 trillion won (US$659 billion) by 2040, citing data from the Ministry of Land, Infrastructure and Transport.
The telecom operator’s efforts are also the latest in its push for new mobility services.
Last year, SK Telecom spun off its mobile navigation business into a separate company, T Map Mobility Co.
