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Overair, Hanwha and Jeju Self Governing Province partner to develop AAM eco-system

Overair has announced it has signed a Memorandum of Understanding (MoU) with Hanwha Systems and South Korea’s Jeju Special Self Governing Province to establish and lead an advanced air mobility (AAM) ecosystem in Jeju, the largest island in South Korea and one of the country’s main tourist destinations.

“The parties will collaborate closely on all aspects of the AAM ecosystem, including infrastructure, manufacturing, training, and maintenance, repair, and operations (MRO),” said the press statement. “This agreement also includes the establishment of a cooperative plan to develop both public, medical, and tourism AAM operations on the Island….Jeju Island is an important tourism, green energy, and ecological province for South Korea. The island is currently preparing to become carbon neutral by 2030—producing all of its energy needs from renewable, zero-emission sources. Jeju Island is also a registered biosphere, with unique geography and ecology that draws tourists from across the world.”

“We’re excited to partner with Overair and Hanwha Systems, ushering in a new era of sustainable and innovative transportation for Jeju Island,” said Oh Young-hun, Governor, Jeju Island. “This collaboration supports our 2030 carbon neutrality goal, enhances tourism, and provides employment for our community, paving the way for a greener and more connected future.”

Overair outlined the design of its eVTOL Butterfly in 2021.

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