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[Alpha Biz=(Chicago) Reporter Kim Jisun] Hanwha Aerospace, an aerospace, aerospace and defense company, announced on the 20th that it has signed a contract to supply 235.6 billion won worth of UAM parts with British urban air transport (UAM) company Vertical Aerospace (VA).
Hanwha Aerospace will supply the tilting & blade pitch system to VA by 2036, which is applied to the four-seater VX4, VA's electric vertical takeoff and landing (eVTOL).
The system is a key part of the UAM that transmits motor power to propellers and enables vertical takeoffs and horizontal movement. Currently, VA is developing VX4 with the goal of commercialization in 2026.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
