JEJU-DO < invest Korea

According to Yonhap News,

A Jeju Province-led project which aims to develop commercial UAVs powered by hydrogen fuel cells and AI- based yield prediction and crop monitoring application appears to be fully underway as the bill was picked as part of the national development initiatives to be budgeted, a city official said on Dec 28.

The project is orchestrated by the Ministry of Land, Infrastructure and Transport (MLIT), and sponsored by Korea Agency for Infrastructure Technology Advancement (KAIA).

KAIA will take the role of financier, investing nearly KRW 1.1 billion for three years from 2021-2023. The provincial authority said they secured 2021 budgets worth as much as KRW 1.39 billion, allocated to advance the UAV industry, unveiling overview of the investment plan which entails developing UAV technologies combined with machine learning engineering for crop yield monitoring and prediction applicable to tangerine orange farmlands.

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Source: Yonhap News (Dec 28, 2020)