Hyundai Motor and Safran MoU on Advanced Air Mobility

Hyundai Motor Group and Safran* today signed a Memorandum of Understanding “to explore and identify possible opportunities in Advanced Air Mobility,” the companies said at the Farnborough air show in the UK.

The major air industry event occurred as sweltering temperatures continued to assault people globally. It is perhaps ironic that Farnborough, founded in Saxon times, is mentioned in the Domesday Book of 1086.

Hyundai Motor Group earlier this year announced its AAM development roadmap to offer eco-friendly air mobility solutions for intracity and intercity transportation. The Group’s US-based Supernal unit is aiming to begin UAM services in the US in 2028 while the Group plans to launch RAM services in the 2030s. (AutoInformed: Hyundai Motor 2020 Business Direction – Electrification, Autonomous Vehicles, Mobility Services. Sound Familiar?; Uber and Hyundai Show Full-Scale Air Taxi at CES)

The Hyundai Group and Safran agreed to explore potential cooperation in various fields such as “electric propulsion systems, avionics and flight control, and cabin interiors.

“Safran will be one of the most important partners in promoting Hyundai Motor Group’s AAM development. Starting with this MoU, we will focus on finding the ways of cooperation to lead AAM development from the technical and business perspective,” said Jaiwon Shin, President of Hyundai Motor Group’s Advanced Air Mobility Division.

*Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 76,800 employees and sales of 15.3 billion euros in 2021, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.

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