Korea’s Hanwha Boosts Investment In UAM

Hanwha is an investor in Overair, which is developing the Butterfly optimum-speed tiltrotor eVTOL.
Credit: Hanwha Systems
South Korea’s Hanwha Systems plans to invest 450 billion won ($400 million) in urban air mobility over the next three years. The aerospace electronics giant already is the largest investor in U.S. startup Overair, a spinoff from Karem Aircraft developing the Butterfly quad-tiltrotor electric air...

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