Supernal, Hyundai Motor Group's urban air mobility division, has invested an undisclosed sum in British start-up Urban-Air Port to advance cargo drone and air taxi technology.
The funding will help support UAP’s plans to develop 200 “vertiport” sites across the world in the next five years.
The world’s first operational hub for eVTOLs (electronic vertical take-off and landing), Air-One, will open for public visitation in Coventry city centre in April.
The demonstration will show how advanced air mobility (AAM) could help reduce congestion, cut air pollution and decarbonise transport.
UAP has also named Adam Slepian, global head of partnerships & business development at Supernal, to its board of directors, effective immediately.
Matthew Sattler, head of infrastructure and ecosystems partnerships at Supernal, joins UAP’s board of advisors.
Supernal is developing its own eVTOL and plans to launch the first commercial flight in 2028.
The company’s investment in the UAP will help support the development of the start-up’s new “vertiport” models including the CityBox delivery drone hub and expansion into new markets.
Ricky Sandhu, UAP founder and executive chairman, said: “Despite the unparalleled potential of eVTOL aircraft to revolutionise mobility, the importance of the ground infrastructure that enables them is too often overlooked.
“With Supernal’s investment and expertise and connection to Hyundai Motor Group, we can supercharge the rollout of sustainable, intermodal and scalable ground infrastructure that will unleash the future of advanced air mobility globally.”