K-UAM One Team and Incheon City Sign MOU for Commercialization

The consortium K-UAM One Team for the Urban Air Mobility (UAM) demonstration project announced on the 9th that it has signed a Memorandum of Understanding (MOU) with Incheon City to cooperate for the commercialization of UAM.


K-UAM One Team was first formed in 2021 by five companies: Hyundai Motor Company, KT, Korean Air, Incheon International Airport Corporation, and Hyundai Construction. This is the first time the consortium has signed an agreement with a local government. The company evaluated that this agreement lays the foundation for operating metropolitan area UAM services connecting Seoul, Gyeonggi, and Incheon.


The K-UAM One Team Consortium and Incheon City signed a business agreement on the 9th to cooperate on the commercialization of urban air mobility. From the left, Kim Cheol-woong, Executive Director of Hyundai Motor Company AAM Headquarters; Song Jae-ho, Vice President of KT; Lee Hak-jae, President of Incheon International Airport Corporation; Yoo Jung-bok, Mayor of Incheon Metropolitan City; Park Gu-yong, Executive Director of Hyundai Construction; and Lee Gil-ho, Executive Director of Korean Air, are posing for a commemorative photo. <br>[Photo by Hyundai Motor Group]

The K-UAM One Team Consortium and Incheon City signed a business agreement on the 9th to cooperate on the commercialization of urban air mobility. From the left, Kim Cheol-woong, Executive Director of Hyundai Motor Company AAM Headquarters; Song Jae-ho, Vice President of KT; Lee Hak-jae, President of Incheon International Airport Corporation; Yoo Jung-bok, Mayor of Incheon Metropolitan City; Park Gu-yong, Executive Director of Hyundai Construction; and Lee Gil-ho, Executive Director of Korean Air, are posing for a commemorative photo.
[Photo by Hyundai Motor Group]

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According to this agreement, K-UAM One Team and Incheon City will establish a UAM operation system for Incheon’s island areas and urban centers. They will also engage in activities to build the UAM ecosystem and increase social acceptance. Furthermore, they will prepare for the commercialization of UAM wide-area connected transportation services.


The West Sea area adjacent to Incheon has many islands, making it a region expected to have high utilization once UAM becomes active. Both parties agreed to pay attention to policy and institutional establishment to enable UAM services.



Hyundai Motor Group affiliate Supernal, which operates in the AAM business, presents a UAM interior concept model <br>[Photo by Hyundai Motor Group]

Hyundai Motor Group affiliate Supernal, which operates in the AAM business, presents a UAM interior concept model
[Photo by Hyundai Motor Group]

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Kim Cheol-woong, Head of Business Promotion at Hyundai Motor Company’s AAM Division, said, “It is meaningful in that it realizes air transportation connecting major urban centers in Incheon and provides mobility convenience to island areas.” He added, “We plan to seek cooperation with other local governments for linked operation of metropolitan area UAM services in the future.” Yu Jeong-bok, Mayor of Incheon, said, “By cooperating with five companies, we will open the UAM era to solve urbanization issues and the climate crisis and strengthen Incheon’s competitiveness.”


This content was produced with the assistance of AI translation services.

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