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AV and Korean Air Sign Memorandum of Understanding to Advance Medium Unmanned Aircraft Systems for the Republic of Korea
Businesswire· 2025-10-21 13:19
SEOUL, South Korea--(BUSINESS WIRE)---- $AVAV #ADEX2025--AeroVironment, Inc. ("AV†) (NASDAQ: AVAV), a global leader in all-domain unmanned systems, today announced the signing of a Memorandum of Understanding (MOU) that positions Korean Air as its priority partner in the Republic of Korea. This alliance will focus on integrating and adapting AV's JUMP® 20 Group 3 vertical takeoff and landing (VTOL), fixed-wing uncrewed aircraft to meet the specific needs of the Korean Defense market. It also establishes a ...