February 24, 2023
Skyports Drone Services strengthens presence in Korea through Joint Venture with Korean drone company, Marine Drone Tech Inc.
Skyports has today announced the formation of a joint venture (JV) entity between its drone services business and Korean drone technology company, Marine Drone Tech (MDT). Named Skyports Drone Services Korea, the JV Co will be dedicated to delivering tailored drone solutions that address connectivity, productivity, and safety. With a growing demand for innovative technologies in the country, Skyports Drone Services Korea is poised to meet the needs of the market and bring its expertise to the forefront of the drone industry.
In line with Skyports’ calibrated expansion plans, local branch offices have also been set up in Busan and Yeosu to better serve its on-ground partners and customers in both AAM infrastructure and drone services segments.
Director for Skyports Drone Services, Mr Alex Brown said, “Korea is a market that is well-known for its forward-thinking and innovative technology ecosystem. Our partnership with MDT brings together two market leaders and will see us rapidly scale up drone operations across Korea. Expanding on our work in Singapore, our focus will be ship-to-shore operations in the maritime sector. We will be bringing the best of our global offering across delivery and monitoring drone services to Korea, improving transport service levels, reducing costs and ultimately improving lives for communities all around Korea.”
Mr Hwang Eui-Cheol, Chief Executive Officer of Marine Drone Tech, said, “MDT is proud to join forces with Skyports and bring our expertise in drone technology to the table. Together, we will be able to offer customers a complete solution that will address a broad range of challenges in multiple industries. Our complementary expertise makes Skyports Drone Services Korea a formidable force, and we are excited to work together to bring cutting-edge drone solutions to our home market.”
On the JV Co’s immediate agenda is the setup of operations in Yeosu and Busan, with a primary focus on maritime ship-to-shore deliveries. In 2022, Skyports Drone Services made its first foray into the market, having executed a successful Proof of Concept (PoC) for cross-island drone deliveries conducted Beyond Visual Line of Sight (BVLOS).
The opening of Skyports’ Korea office follows the establishment of its Japan office in October 2022, as the company expands its presence across the Asia-Pacific region. The move comes after the steady progress of the past year in extending the company’s AAM infrastructure projects and drone delivery operations with local partners, businesses, and regulators.