Korean Air Lines said on the 26th that it signed a strategic equity investment agreement with Pablo Air, a drone specialist corporations.
Pablo Air is a corporations with swarm artificial intelligence (AI) technology, a next-generation drone operation technology.
Swarm AI is a technology that controls flights of multiple drones, like birds flying in flocks.
Pablo Air recently succeeded in entering high swarming, the fourth of five levels in swarm coordination technology.
Korean Air Lines expects the agreement to support growth in aerospace, a core business for the future.
Korean Air Lines plans to integrate Pablo Air's swarm AI autonomous flight algorithms, integrated control platform, and small- and medium-size unmanned aircraft development capabilities into its own medium- and large-size unmanned aircraft.
To that end, the two sides agreed to support Pablo Air's growth and cooperate on joint research and development of swarm flight, discovering new business models, and exchanging unmanned aircraft technology and business know-how.
The agreement was signed on the 23rd at Korean Air Lines' Seosomun office building in Jung-gu, Seoul, with more than 10 officials from both sides in attendance, including Lim Jin-gyu, head of the aerospace business division at Korean Air Lines, and Pablo Air Chair Kim Young-jun.
A Korean Air Lines official said, "This investment is a strategic choice to secure future competitiveness amid a rapidly changing industry environment and part of efforts to build a healthy industrial ecosystem," adding, "We will strengthen mutually beneficial cooperation with capable small and venture corporations to continuously drive technological innovation and shared growth."