Jinju City Gathers Opinions to Lead Urban Air Mobility (UAM) Development
On the 10th, mutual cooperation pledged through a working-level meeting of related agencies
Practical Meeting of Institutions Related to Industrial Promotion
Photo by Jinju City
[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] On the 10th at 2 p.m., Jinju City in Gyeongnam held a working-level meeting of related organizations to foster the UAM (Urban Air Mobility) industry at the Cultural Lecture Room of Jinju City Hall.
At the meeting, 12 local organizations related to the UAM industry, including Gyeongnam Technopark, Korea Ceramic Technology Institute, Korea Testing Laboratory, Defense Technology Promotion Institute, Gyeongsang National University, Hize Aviation Co., Ltd., ANH Structure Co., Ltd., Angelux Co., Ltd., Microengineering Co., Ltd., Brains Lab Co., Ltd., Hansung S&I Co., Ltd., and the 39th Infantry Division, attended to share each organization's UAM promotion status and plans and discuss ways to cooperate mutually.
UAM is a concept encompassing aerial transportation means for people or cargo in urban airspace, covering everything from vehicle development to infrastructure construction and services. It is a promising industry expected to reach a global market size of $1.5 trillion by 2040.
The government is also promoting the project aiming for partial commercialization of UAM services by 2025 through the announcement of the K-UAM roadmap and the formation of the UAM Team Korea.
Jinju City possesses excellent personnel in the aerospace field, a strategic industry, as well as promising companies with technology and related public institutions within the innovation city, securing an advantageous position in this competition. It is expected to foster UAM as a future growth industry of the region and become a leading local government in UAM.
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The city announced that it plans to advance discussions from this meeting and establish a consultative body for fostering the UAM industry in the future.
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