Vertical Aerospace has today announced that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical’s VX4 aircraft, adding South Korea to Vertical’s list of customer launch markets.
Kakao Mobility, the largest Mobility-as-a-Service (MaaS) platform in South Korea with more than 30 million registered users, runs the country’s most popular taxi-hailing app, Kakao T, providing taxi-hailing, designated driver booking, parking space search, and Kakao Navi app providing real-time traffic information services.
“Vertical and Kakao Mobility will establish a Joint Working Group (JWG) to drive the commercialisation of AAM services in South Korea, including the exploration of network and fleet planning, infrastructure requirements, regulatory development, and consumer awareness of eVTOL mobility solutions,” According to a Vertical Aerospace press release. “South Korea is one of the largest economies in the world and is home to globally leading technology companies. Seoul, as well as other regions including Busan, is expected to have a significant Urban Air Mobility (UAM) market potential.”
“This JWG builds on Vertical’s existing consortium partnership with Kakao Mobility, LG Uplus, GS E&C, and the continued engagement with Korea’s Ministry of Land, Infrastructure and Transport, for the K-UAM Grand Challenge (K-UAM GC). The agreement with Kakao Mobility marks Vertical’s first partnership with a mobility technology company, enabling Vertical to leverage their existing customer base and vehicle network to create a seamless air-to-ground passenger journey and UAM ecosystem in the country.”
Vertical already has strong ties to South Korea with Hanwha, a key partner for the VX4 certification aircraft. Vertical is leveraging Hanwha’s four decades of industrial expertise to collaborate on the development and supply of actuator systems for the VX4.
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