The companies will develop technical, ecosystem and infrastructure expertise the nation needs to harness AAM.
MELBOURNE, Fla. — Mar. 13, 2025 – Eve Air Mobility (NYSE: EVEX; EVEXW) (Eve), a company dedicated to fostering Advanced Air Mobility (AAM) globally, and UI Helicopter, South Korea’s leading helicopter operator and maintenance provider, signed a Memorandum of Understanding (MoU) to cultivate the industry’s ecosystem in South Korea.
Through their combined expertise, Eve and UI Helicopter will collaborate to introduce eVTOL technical, operational and ecosystem requirements to the local government and industry in South Korea.
“Advanced air mobility has the potential to reinvent global mobility, particularly in the dense urban areas that need it most,” explained Johann Bordais, CEO of Eve. “We’re proud to share Eve’s resources in technical and ecosystem development with UI Helicopter to develop a technically rigorous AAM infrastructure.”
“South Korea has been a pioneer in laying the groundwork for Urban Air Mobility – establishing a sustainable infrastructure for the industry to flourish is a vital next step,” said UI Helicopter CEO Sungwieh Albert Rim. “With the right technical partner and UI Helicopter’s longstanding relationship with South Korean policymakers, we look forward to unlocking the AAM use cases that most benefit us.”
The collaboration will begin by fielding Eve’s Urban Air Mobility (UAM) market survey to gather initial intelligence supporting this process. The South Korean government has taken significant steps to advance Urban Air Mobility through various initiatives, including the K-UAM Grand Challenge. In addition to Seoul, there exists considerable potential for AAM in rural regions of South Korea, serving as a vital means of enhancing connectivity and stimulating local economies.
Leveraging Eve’s knowledge, UI will harness its local expertise to ensure collaboration and open dialogue with policy leaders as the two parties develop an AAM ecosystem that rigorously incorporates technical best practices and South Korea’s distinct regulatory standards.
Image: https://eve.imagerelay.com/fl/5944d7221f744a90ac1f7e7fb38f2914
About Eve Air Mobility
Eve Air Mobility is dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a start-up mindset, backed by Embraer’s 55-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve is listed on the New York Stock Exchange where its shares of common stock and public warrants trade under the tickers “EVEX” and “EVEXW”. For more information, please visit www.eveairmobility.com.
About UI Helicopter
UI Helicopter is committed to advancing the aviation industry through innovative rotorcraft solutions. With a legacy dating back to 1986, UI Helicopter specializes in comprehensive helicopter operations and maintenance services. Leveraging decades of expertise in aviation operations and MRO (Maintenance, Repair, and Overhaul), UI Helicopter plays a crucial role in supporting both commercial and defense aviation sectors. As part of its strategic growth, UI Helicopter is expanding into the Urban Air Mobility (UAM) sector, developing unmanned aerial vehicles (UAVs) and integrating next-generation air mobility solutions to drive the future of sustainable aviation.
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