Advanced Air Mobility News

Volatus to Develop AAM with VMIC in South Korea

Volatus to Develop AAM with VMIC in South Korea

Volatus Infrastructure, LLC and VMIC Aviation have agreed to bring electric vertical take-off and landing (eVTOL) infrastructure to South Korea.

The cooperation between the infrastructure company and the South Korean start-up marks the first step towards building the advanced air mobility (AAM) market.

“I believe our partnership with VMIC will help push the industry forward,” said Grant Fisk, Volatus Infrastructure Co-Founder. “Bringing eVTOL infrastructure to new markets is critical. eVTOLs will be everywhere which means the infrastructure needs to be everywhere.”

“Working with Volatus Infrastructure to expand the vertiport business in South Korea is a significant first step in forming a foundation of the future UAM market here,” stated Colin Nam, VMIC CEO. “The UAM-related market in Korea is expected to proliferate with various Korean government support. The vertiport business will play a critical role in the market.”

The South Korean government has been supporting the AAM industry and has set out its road map to commercialize air taxis by 2025.

Earlier in January, the US Federal Aviation Administration (FAA) agreed to partner with the Korea Office of Civil Aviation (KOCA) on the development and operations of future air taxis. The two sides will work together on advanced air mobility (AAM) projects, share insights regarding technology and promote the safety oversight of the industry.

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