South Korea Is Drone Friendly, And Getting Friendlier

///South Korea Is Drone Friendly, And Getting Friendlier

South Korea Is Drone Friendly, And Getting Friendlier

South Korea currently ranks seventh in terms of drone technology, at least according to South Korean President Park, but she aims to change that.

The government of South Korea has pledged its support to the burgeoning drone industry in the hopes of capturing a share of the anticipated $150 billion drone market over the next decade.

″Korea is the world′s fifth-largest auto producer;  and seventh in terms of drone technology. If we come up with a strategy and focus on increasing our capabilities, we will be able to catch up to the leading nations.″ the President told onlookers.  Citing the rapid growth of the industry and the fast development cycle in the drone industry, the president urged cooperation between government and the private sector in developing South Korea’s drone business, saying that speed was important.

South Korea Woos Drone Industry

Changes are already happening, South Korea has designated areas in the country as “drone flying zones.” I’d consider these similar to our FAA approved US drone test sites. Another similarity between South Korea and the US, there is growing South Korean interest in drone racing. They even hosted their first drone race, the GiGA Drone Race held in Seoul, Korea.

By | 2016-03-08T18:58:45+00:00 March 18th, 2016|Drone Investing, Drones|Comments Off on South Korea Is Drone Friendly, And Getting Friendlier

About the Author:

Sam Estrin
I'm an avid drone enthusiast and part-time drone blogger living outside of the DC area. I track drone news and write editorials and timely drone news stories that I find interesting. If you like my stories, you can follow me on Twitter or visit me at LinkedIn. If you'd like me to write for your drone oriented publication or blog, you can contact me at info@droneuniversities.com.