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19.07.2022 Press release

Hyundai Motor Group and Safran Signed a Memorandum of Understanding for Advanced Air Mobility Development Cooperation

Press material

Hyundai Motor Group (the Group) and Safran signed a Memorandum of Understanding (MoU) to explore and identify possible opportunities in Advanced Air Mobility (AAM) industry that would be beneficial to both parties and potential customers.

The Group and Safran agreed to explore potential cooperation in various fields such as electric propulsion systems, avionics and flight control, and cabin interiors, but not limited.

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.

Jaiwon Shin President of Hyundai Motor Group’s Advanced Air Mobility Division

Through this MoU, Safran demonstrates its strong will to support Hyundai, one of the most ambitious companies in the field of AAM, by bringing our extensive experience in aerospace, advanced high technologies, and expertise in certification to speed up Hyundai’s development and secure the entry into service of the vehicles.

Alexandre Ziegler Senior Executive Vice President, International and Public Affairs Safran

Hyundai Motor Group earlier this year announced its AAM development roadmap, which encompasses the UAM and RAM segments 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.

Pictured above: Jaiwon Shin, President and Head of AAM Division of Hyundai Motor Group and Alexandre Ziegler, Senior Executive Vice President, International & Public Affairs of Safran

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