Skyports Drone Services strengthens presence in Korea through Joint Venture with Korean drone company, Marine Drone Tech Inc.

BUSAN,South Korea,Feb. 24,2023 --Skyports,the leading Advanced Air Mobility (AAM) infrastructure developer and drone services provider 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.

The announcement was made today at the Korea Drone Show in Busan,with key company representatives Mr Alex Brown (far left) and Mr Hwang Eui-Cheol (far right) in attendance. The occasion was also graced by special guest Mr Kim Sangwook (middle),Data Information Statistics Team Leader,Smart Information Department,Yeosu City. Photo Credit: Skyports Drone Services Korea

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."

MrHwang 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.

About Skyports Drone Services

Skyports Drone Services is a provider and operator of eVTOL drones for cargo drone deliveries,survey and surveillance. Skyports Drone Services is expert in the operation of long-range and Beyond Visual Line of Sight (BVLOS) autonomous flight for a multitude of use cases,including ship-to-shore and maritime applications,medical and dangerous goods deliveries,and AI-driven surveys for the agriculture and infrastructure sectors. Skyports Drone Services is committed to elevating business potential,connectivity and access to critical supplies through the application of drone services.

Headquartered in London,United Kingdom,Skyports Drone Services has projects operating across four continents including Asia,North America,South America,and Europe. Skyports' investors include Deutsche Bahn Digital Ventures,Groupe ADP,Irelandia Aviation,Levitate Capital,Solar Ventus,The Goodman Group,Kanematsu Corporation,Ardian,F2i,GreenPoint,and ST Engineering Ventures.

Find out more at: www.skyportsdroneservices.net