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.
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.