MD Aircraft Signs LOI for up to 40 MDA1 Aircraft with Solyu Company in South Korea

MD Air­craft GmbH today announced the sign­ing of a Let­ter of Intent (LOI) with Solyu Com­pa­ny, Ltd., a South Korea-based avi­a­tion and tech­nol­o­gy com­pa­ny head­quar­tered in Seoul, Korea.

The Let­ter of Intent out­lines Solyu’s inten­tion to acquire 20 MDA1 air­craft, with options for an addi­tion­al 20 units. Upon suc­cess­ful com­ple­tion, the MDA1 air­craft are expect­ed to sup­port region­al pas­sen­ger trans­port oper­a­tions and sus­tain­able mobil­i­ty ini­tia­tives through­out South Korea and the wider Asia-Pacif­ic region.

Andrew Claer­bout, Pres­i­dent of Solyu Com­pa­ny, said: “This Let­ter of Intent rep­re­sents an impor­tant mile­stone in our strat­e­gy to advance sus­tain­able avi­a­tion glob­al­ly.

The MDA1 com­bines oper­a­tional effi­cien­cy, envi­ron­men­tal respon­si­bil­i­ty, and region­al con­nec­tiv­i­ty in a way that aligns with our vision for the future of air trans­porta­tion. We look for­ward to work­ing close­ly with MD Air­craft as the pro­gram pro­gress­es toward cer­ti­fi­ca­tion and entry into ser­vice.“

The MDA1 eVi­a­torTM is a nine-pas­sen­ger, all-elec­tric region­al air­craft offer­ing zero-emis­sion oper­a­tions, low­er oper­at­ing costs, rapid bat­tery exchange capa­bil­i­ty, and short take­off and land­ing per­for­mance.

The air­craft is intend­ed to pro­vide an envi­ron­men­tal­ly friend­ly alter­na­tive for region­al air trans­porta­tion, par­tic­u­lar­ly in under­served and remote com­mu­ni­ties.

With the sign­ing of the Solyu LOI, MD Air­craft con­tin­ues to expand its inter­na­tion­al order pipeline and strength­en its posi­tion as a lead­ing devel­op­er of next-gen­er­a­tion elec­tric region­al air­craft.

Gre­gor Müller, CEO of MD Air­craft GmbH, said: “We are delight­ed to wel­come Solyu as one of our launch cus­tomers in Asia. South Korea is a high­ly inno­v­a­tive mar­ket with strong ambi­tions in advanced air mobil­i­ty and sus­tain­able trans­porta­tion.

“Solyu’s con­firmed inter­est in pur­chas­ing up to 40 air­craft demon­strates grow­ing con­fi­dence in the MDA1 plat­form and its abil­i­ty to trans­form region­al avi­a­tion through zero-emis­sion oper­a­tions.”

The MDA1 eVi­a­torTM is a nine-pas­sen­ger, all-elec­tric region­al air­craft offer­ing zero-emis­sion oper­a­tions, low­er oper­at­ing costs, rapid bat­tery exchange capa­bil­i­ty, and short take­off and land­ing per­for­mance. The air­craft is intend­ed to pro­vide an envi­ron­men­tal­ly friend­ly alter­na­tive for region­al air trans­porta­tion, par­tic­u­lar­ly in under­served and remote com­mu­ni­ties.

MD Air­craft GmbH is a Ger­man aero­space com­pa­ny ded­i­cat­ed to devel­op­ing zero emis­sion, qui­et, cost-effi­cient elec­tric air­craft for Region­al Air Mobil­i­ty. MD Air­craft is part of the MD Group includ­ing MD Flugzeug­bau GmbH and MD Com­pos­ites Tech­nolo­gies GmbH which has over 30 years’ expe­ri­ence design­ing, build­ing, and cer­ti­fy­ing com­pos­ite air­craft — a decade with elec­tric propul­sion.

MD Aircraft’s flag­ship pro­gram, the MDA1 eVi­a­tor, will rede­fine region­al air mobil­i­ty. Ini­tial flight tests are
antic­i­pat­ed in 2028 with com­mer­cial cer­ti­fi­ca­tion and entry into ser­vice to fol­low.

Solyu is a glob­al air­craft lessor focused on pro­vid­ing cus­tomers with the newest tech­nol­o­gy, zero-emis­sions air­craft, and high­ly ver­sa­tile tur­bo­props.