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South Korean eVTOL Manufacturer Plana Plans U.S. Relocation by Year-End

South Korean eVTOL Manufacturer Plana Plans U.S. Relocation by Year-End
Strategic Move to Enter the U.S. Market
Plana, a South Korean developer of hybrid-electric eVTOL (electric vertical takeoff and landing) aircraft, is accelerating its expansion into the United States by planning to relocate its headquarters there by the end of this year. The company has already established a corporate entity in Delaware as part of this strategic shift, which aims to facilitate the next critical phase of its development: obtaining Federal Aviation Administration (FAA) certification for its flagship aircraft. Plana’s eVTOL is designed to replace helicopters across various sectors, offering a promising alternative with enhanced efficiency and environmental benefits.
Industry Challenges and Competitive Landscape
Plana’s expansion occurs amid significant challenges within the advanced air mobility sector. Regulatory complexities, intense market competition, and operational difficulties have slowed progress for many companies. For instance, Supernal recently paused its eVTOL development, while other firms continue to grapple with certification hurdles and questions surrounding economic viability. The sector’s volatility is further underscored by leadership changes and workforce reductions at some competitors. Meanwhile, companies like Vertical Aerospace are intensifying efforts to secure funding and establish new partnerships, reflecting the increasingly competitive environment that Plana is entering.
Partnership with Vonaer and Market Ambitions
A key strength for Plana lies in its partnership with Vonaer, a pioneering South Korean air mobility service provider. Vonaer is recognized as Korea’s first Urban Air Mobility (UAM) platform and Asia’s first fully integrated aviation mobility platform. The company is transitioning from traditional helicopter services to private jets and eVTOLs, with plans to expand into the U.S. market. According to Vonaer CEO Min Shin, the collaboration with Plana is a strategic component of its U.S. ambitions, supporting the certification and manufacturing of Plana’s eVTOL aircraft on American soil.
This partnership, initiated two years ago, recently advanced with a letter of intent for the purchase of 20 Plana aircraft. The agreement stipulates delivery of the first five units by 2033, with the remaining 15 scheduled for delivery by 2040. The initial batch will be certified and ready for operational service upon delivery, underscoring the long-term commitment between the two companies.
Technological Innovation and Design Recognition
Plana’s eVTOL distinguishes itself through a hybrid electric powertrain that enhances range, reduces noise, and improves fuel efficiency compared to conventional helicopters. The aircraft is compatible with Sustainable Aviation Fuel (SAF) and may support hydrogen propulsion in the future, potentially reducing emissions by up to 80% when using SAF. It offers a cruising speed of 186 mph (300 kph) and a range of up to 300 miles (500 km).
The aircraft’s design has also received international acclaim, winning the IF Design Award 2023 for its flexible and spacious cabin. The four-passenger plus pilot configuration features wide windows, two-sided doors for easy access, and ample space for comfortable seating and luggage. Its adaptable layout allows for use in passenger transport, logistics, or emergency medical services, highlighting its versatility.
Outlook Amid Market Uncertainties
As Plana advances its U.S. relocation and certification efforts, it confronts a complex and rapidly evolving market. The company’s ability to navigate regulatory barriers, differentiate itself amid growing competition, and fulfill its technological promises will be critical to its success in a sector characterized by both innovation and uncertainty.

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