2023-05-22 04:27:28 ET
Global aerospace and technology company, Vertical Aerospace ( NYSE: EVTL ) said that Kakao Mobility has pre-ordered up to 50 of Vertical’s VX4 aircraft.
Kakao Mobility is a South Korean mobility technology company that adds South Korea to Vertical’s list of customer launch markets.
Vertical and Kakao Mobility will establish a Joint Working Group to drive the commercialisation of AAM services in South Korea.
This will mark 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.
For further details see:
Vertical expands footprint in Aisa with 50 aircraft pre-order from Kakao Mobility