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doosan-mobility-innovation-secures-22m-funding-to-grow-hydrogen-drone-business
© Doosan Mobility Innovation
doosan-mobility-innovation-secures-22m-funding-to-grow-hydrogen-drone-business
© Doosan Mobility Innovation

Doosan Mobility Innovation secures $22m funding to grow hydrogen drone business

A new agreement unveiled today (April 5) will see IDG Capital, Korea Investment Partners, and DS Asset Management support Doosan Mobility Innovation (DMI) with the growth of its hydrogen business.

With this, it is expected that the funds, approximately 27 billion won ($22m), will primarily be used as capital to be invested in developing hydrogen fuel cell powered logistics cargo drones which have the potential to revolutionise the industry.
Read more: Doosan Fuel Cell makes history as the first exporter of hydrogen fuel cells in Korea

Another important note to take from this investment is the fact that it shows confidence in both Doosan’s hydrogen drone range as well as the growing hydrogen fuel cell industry.

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