MOLIT

NAVER Joins Hands with Two Saudi Arabian Ministries for Digital Transformation

Retrieved on: 
Thursday, March 30, 2023

SEONGNAM, South Korea, March 30, 2023 /PRNewswire/ -- NAVER Corporation (CEO Choi Soo-yeon) announced that NAVER, NAVER LABS, NAVER Cloud signed an MOU with the Ministry of Municipal and Rural Affairs and Housing (MOMRAH) of Saudi Arabia and the Ministry of Investment Saudi Arabia (MISA), to cooperate on the Saudi Arabian government's national digital transformation initiative using Team NAVER's advanced technologies.

Key Points: 
  • The signing ceremony was held on the 30th (local time) at the Ministry of Municipal and Rural Affairs and Housing located in Riyadh, Saudi Arabia.
  • In addition to Saudi Arabia's NEOM project aimed at building the world's largest smart city, the country is making diverse efforts toward digital transformation.
  • With the MOU, Team NAVER, MOMRAH and MISA will be working together comprehensively across all domains for Saudi Arabia's ICT project for their nationwide digital transformation.
  • Following Minister Al Hogail's visit, Saudi Arabia's interest in NAVER continues as three Saudi Arabian government agencies related to AI and data also visited the company in February of this year.

NAVER Joins Hands with Two Saudi Arabian Ministries for Digital Transformation

Retrieved on: 
Thursday, March 30, 2023

SEONGNAM, South Korea, March 30, 2023 /PRNewswire/ -- NAVER Corporation (CEO Choi Soo-yeon) announced that NAVER, NAVER LABS, NAVER Cloud signed an MOU with the Ministry of Municipal and Rural Affairs and Housing (MOMRAH) of Saudi Arabia and the Ministry of Investment Saudi Arabia (MISA), to cooperate on the Saudi Arabian government's national digital transformation initiative using Team NAVER's advanced technologies.

Key Points: 
  • The signing ceremony was held on the 30th (local time) at the Ministry of Municipal and Rural Affairs and Housing located in Riyadh, Saudi Arabia.
  • In addition to Saudi Arabia's NEOM project aimed at building the world's largest smart city, the country is making diverse efforts toward digital transformation.
  • With the MOU, Team NAVER, MOMRAH and MISA will be working together comprehensively across all domains for Saudi Arabia's ICT project for their nationwide digital transformation.
  • Following Minister Al Hogail's visit, Saudi Arabia's interest in NAVER continues as three Saudi Arabian government agencies related to AI and data also visited the company in February of this year.

South Korea Elevator and Escalator Market Report 2022-2028: Increasing Older Buildings and Adoption of New Technologies to Create Demand For Maintenance And Modernization Programs - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 27, 2022

The South Korea elevator and escalator market is expected to grow at a CAGR of 4.42% during 2022-2028.

Key Points: 
  • The South Korea elevator and escalator market is expected to grow at a CAGR of 4.42% during 2022-2028.
  • The South Korea elevator market by the installed base is expected to reach 1 million units by 2028.
  • Further, the South Korea escalator market by the installed base is expected to grow at a CAGR of 5.16%.
  • The project is expected to last five years and was announced in 2022, boosting the South Korea elevator & escalator market.

Hybrid eVTOL Company Plana Signs Letter of Intent with Electric Power Systems for Advanced Air Mobility Batteries

Retrieved on: 
Tuesday, November 1, 2022

Electric Power Systems (EP Systems) , a leading global electric powertrain supplier in the aviation industry, today announced it has entered into a Letter of Intent (LOI) with Plana , a hybrid eVTOL company based in South Korea.

Key Points: 
  • Electric Power Systems (EP Systems) , a leading global electric powertrain supplier in the aviation industry, today announced it has entered into a Letter of Intent (LOI) with Plana , a hybrid eVTOL company based in South Korea.
  • Plana will deploy EPSs battery system for its commercial hybrid eVTOL aircraft, which is targeted for commercialization in 2028.
  • EPS adds Plana to a growing list of customers, which includes NASA, the FAA, Boeing, Safran, and Supernal.
  • The company also provides its electric powertrain system to X-57, Boeings CAV (Cargo Air Vehicle), and Bell Helicopters hybrid Advanced Air Mobility aircraft (Bell Nexus).

CLROBUR successfully showcases drone delivery in Yeongwol with 3D UAM/UTM system

Retrieved on: 
Friday, November 26, 2021

The company, a member of Born2Global Centre , has been participating in the Born2Global-led effort to create an innovation ecosystem for free economic zones.

Key Points: 
  • The company, a member of Born2Global Centre , has been participating in the Born2Global-led effort to create an innovation ecosystem for free economic zones.
  • During a presentation on the establishment of "drone cities," which was held recently in Yeongwol, CLROBUR showcased DROW to the audience.
  • By delivering a box of seasoned fried chicken from a drone hub in Saekyung University to a hub located in front of a drone test site in Yeongwol, the company successfully demonstrated a beyond visual line of sight (BVLOS) flight by an autonomous drone.
  • Moreover, a commercial drone delivery service connecting a delivery drone hub with several camping sites across Yeongwol is set to be launched by Yeongwol-gun in 2022.

Volocopter Conducts South Korea's First Crewed Public Air Taxi Test Flight

Retrieved on: 
Thursday, November 11, 2021

BRUCHSAL, Germany, Nov. 11, 2021 /PRNewswire/ -- German urban air mobility (UAM) pioneer, Volocopter , has completed the first test flight with its 2X aircraft in Seoul, South Korea.

Key Points: 
  • BRUCHSAL, Germany, Nov. 11, 2021 /PRNewswire/ -- German urban air mobility (UAM) pioneer, Volocopter , has completed the first test flight with its 2X aircraft in Seoul, South Korea.
  • It was the first ever crewed publictest flight of a fully electric vertical take-off and landing (eVTOL) air taxi in South Korea.
  • We are extremely honored to conduct the nation's first crewed public eVTOL test flight today and prove yet again that the future of air taxis is here and now with Volocopter's aircraft.
  • Volocopter is building the world's first sustainable and scalable urban air mobility business to bring affordable air taxi services for goods and people to megacities worldwide.

Volocopter Conducts South Korea's First Crewed Public Air Taxi Test Flight

Retrieved on: 
Thursday, November 11, 2021

BRUCHSAL, Germany, Nov. 11, 2021 /PRNewswire/ -- German urban air mobility (UAM) pioneer, Volocopter , has completed the first test flight with its 2X aircraft in Seoul, South Korea.

Key Points: 
  • BRUCHSAL, Germany, Nov. 11, 2021 /PRNewswire/ -- German urban air mobility (UAM) pioneer, Volocopter , has completed the first test flight with its 2X aircraft in Seoul, South Korea.
  • It was the first ever crewed publictest flight of a fully electric vertical take-off and landing (eVTOL) air taxi in South Korea.
  • We are extremely honored to conduct the nation's first crewed public eVTOL test flight today and prove yet again that the future of air taxis is here and now with Volocopter's aircraft.
  • Volocopter is building the world's first sustainable and scalable urban air mobility business to bring affordable air taxi services for goods and people to megacities worldwide.