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