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Skyports Drone Services in Joint Venture Deal with Korean Drone Company, Marine Drone Tech

Our Bureau - : Feb 25, 2023 - : 12:44 am

Skyports, Advanced Air Mobility (AAM) infrastructure developer and drone services provider, has formed 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 deliver tailored drone solutions that address connectivity, productivity, and safety. In line with Skyports’ calibrated expansion plans, local branch offices have been set up in Busan and Yeosu to better serve its on-ground partners and customers in both AAM infrastructure and drone services segments.

The JV was officially announced at the Korea Drone Show in Busan on Friday.

“Korea is a market that is well-known for its forward-thinking and innovative technology ecosystem,” said Alex Brown, Director for Skyports Drone Services. “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.”

“MDT is proud to join forces with Skyports and bring our expertise in drone technology to the table,” said Hwang Eui-Cheol, Chief Executive Officer of Marine Drone Tech. “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.”

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.

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