Korea’s Hanwha Ups Investment In eVTOL Startup Overair

Overair is developing an eVTOL air taxi with variable-speed tiltrotor propulsion.
Credit: Overair

South Korean conglomerate Hanwha has invested an additional $115 million in U.S. urban air mobility (UAM) startup Overair, which is developing the Butterfly tiltrotor electric vertical takeoff and landing air taxi. Electronics and information technology business Hanwha Systems will invest $50...

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Korea’s Hanwha Ups Investment In eVTOL Startup Overair is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

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