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Asia-Pacific AAM Report 1H 2023

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MILESTONES<br />

Sep<br />

Project launched<br />

OPPAV: Sub scale demonstrator first flight<br />

Nov<br />

Jun<br />

OPPAV: Sub Scale demonstrator<br />

transition flight test<br />

Jan<br />

OPPAV: Full-scale demonstrator<br />

unmanned first flight<br />

2019 2020 2021 2022 <strong>2023</strong><br />

OPPAV: Full-scale demonstrator tethered test flight<br />

Dec<br />

OPPAV: Conduct envelope expansion test flight<br />

Estimated: Second half<br />

CERTIFICATION PROGRESS<br />

Not yet in certification phase<br />

FUNDING<br />

DATE ROUND AMOUNT(USD)¹ INVESTORS<br />

Sep 4, 2019 Government funding $17,672,475 the Ministry of Land, Infrastructure, and Transport (MOLIT)<br />

Sep 4, 2019 Government funding $19,497,801 the Ministry of Trade, Industry, and Energy (MOTIE)<br />

Note: 1. The original announcements of funding are expressed in South Korean won. The fundings were converted to United States Dollars using the exchange rate on the announced date.<br />

ORDERS<br />

Order information is not available<br />

GLOBAL PARTNERSHIPS<br />

Consortium of the program: KAI, Hyundai Motors, Hanwha System, VesselAerospace, KAT, Duta, Hucentech, RealtimeWave, KIAST, KOTI,<br />

and Konkuk University<br />

Funding information was retrieved from the Ministry of Trade Industry and Energy's official website and other Information was provided by KARI with an<br />

information cut off date of March 31, <strong>2023</strong>.<br />

<strong>1H</strong> <strong>2023</strong> ASIA-PACIFIC <strong>AAM</strong> REPORT | 23

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