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Volocopter signs joint venture agreement with South Korean partner WP Investment

Today, Volocopter announced it “has officially signed a joint venture agreement with our South Korean partner, WP Investment”, and that “this is a key step forward in our journey to launch UAM in the Republic of Korea”.

The post reports that “WP Investment, a private equity investment firm headquartered in Seoul, led Volocopter’s Series E funding round”, and added “Senior representatives from the local government and industry attended the signing ceremony at Lotte Hotel Seoul”.

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(Image: Volocopter)

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