Results for: ehang

EHang’s newest White Paper explores urban air Mobility vehicle and infrastructure design, applications of technology, the current regulatory landscape, and the path towards commercialization.  EHang (Nasdaq: EH), one of the world’s leading autonomous aerial vehicle (AAV) technology companies, has published its first white paper on the future of transportation and Urban Air Mobility (UAM). The white paper explores UAM’s potential...

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EHang conducted its first-ever U.S. trial flight of its two-seater passenger-grade AAV, the EHang 216 on January 7, as part of the North Carolina Transportation Summit hosted by the state’s department of transportation. This represents the first time that the EHang 216 has received flight approval from the Federal Aviation Administration (FAA). While this was a non-passenger flight, EHang is working...

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EHang’s IPO Results in $662 Million Valuation

04 January 2020 || 3 min read

The Chinese Aerial Mobility and Drone Company flatlined during their IPO on the NASDAQ last week. EHang’s projected valuation of up to $800 million USD was in fact a projection – the company closed the trading week on the NASDAQ at a valuation just over $662 million USD, after a net change of 0.08% during the trading day resulting in...

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EHang IPO NASDAQ

EHang stock debuted on the NASDAQ exchange this Thursday, priced at $12.50 per share. According to an official release of the IPO terms, the pricing of EHang’s initial public offering of 3,200,000 American Depositary Shares (“ADSs”) represents 6,400,000 Class A ordinary shares at a public offering price of $12.50 per ADS. In addition, EHang has granted the underwriters a 30-day...

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EHang is one step closer to realizing its aerial mobility vision EHang today announced its strategic partnership with property developer Heli Chuangxin Real Estate Co. Ltd. to build out an urban air mobility (UAM) demonstration project in Guangzhou. This is a major milestone as EHang prepares for the launch of commercial operations of its much-anticipated autonomous flying taxis. Under the...

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2 EHang passenger-grade AAVs performed simultaneous flight in the downtown area and CBD of Guangzhou city, near the landmark of Canton Tower and LIEDE Bridge where are must-see sightseeing place for all tourists in Guangzhou.

EHang Prepares For $100 Million IPO on Nasdaq

08 November 2019 || 3 min read

The company prepares for their predicted $100 million Initial Public Offering  eVTOL manufacturer EHang recently filed an SEC F1 with the U.S. Securities and Exchange Commission (SEC) in preparation for their predicted $100 million initial public offering (IPO) on Nasdaq. This indicates EHang’s intention to offer Class A ordinary shares before the end of 2019, and will be listed under...

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On October 18, EHang announced a strategic partnership with Vodafone to collaborate on aerial mobility. EHang, a Guangzhou-based autonomous aerial vehicle (AAV) technology platform company, has been working closely with Vodafone, one of the world’s largest telecommunication and technology service providers with over 600 million customers globally, to collaborate on building out an urban air mobility (UAM) ecosystem. Their goal...

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EHang and Azerbaijan Airlines join to manage UAV traffic at Heydar Aliyev International. The agreement was signed on October 9, 2019 in Baku by EHang Founder, Chairman and CEO Huazhi Hu and Azerbaijan Airlines (AZAL) President Jahangir Asgarov. EHang has recently made signficant strides in advancing the operations and implementation of its cutting-edge autonomous air vehicle (AAV) technologies, and is...

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EHang Considers Filing for US IPO

30 September 2019 || 3 min read

EHang may soon be joining the growing list of Chinese companies seeking US IPO’s. Chinese drone maker and eVTOL manufacturer, EHang, has filed an application for its IPO in the United States. The company aims to offer 10 to 15% of its shares for sale and could raise as much as $200M USD, however EHang declined to provide a valuation...

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EHang continues to complete passenger demonstration flights in Guangzhou. The company seeks a US IPO.

The EHang 216 has completed its first autonomous flight demonstration with passengers in the Jilin province. While EHang has completed numerous flight demonstrations with the 216 before, such as in Guangzhou, Austria, Qatar, and the Netherlands, this will be the first demonstration while carrying passengers in the Jilin province. According to the Guangzhou-based company, the eVTOL carried passengers in autonomous...

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Derrick Xiong, co-founder and CMO of EHang shares his vision on the future of eVTOL and UAM. TransportUP: Where does your passion for aerospace and aviation come from and why are you particularly interested in eVTOL? Derrick Xiong: EHang was founded back in 2014 by myself and the other founder, Huazhi Hu. I had a passion to pursue a career...

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EHang AAV completed multiple flight demos in China, Austria, Qatar, Netherland, etc

(Guangzhou, China, August 20, 2019) – EHang, an autonomous aerial vehicle (AAV) technology platform company, announced that it has become the world’s first company to achieve certificate of unmanned aircraft system (UAS) safety level II for AAVs through tests of the UAS fence. The certificate was issued by the China Academy of Civil Aviation Science and Technology (CAST) and was...

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EHang AAV completed multiple flight demos in China, Austria, Qatar, Netherland, etc

Guangzhou is the first city in China Selected for the Program (Guangzhou, China, August 6, 2019) – EHang announced today that it has selected Guangzhou as its first urban air mobility (UAM) pilot city globally for the establishment of a low-altitude aviation transportation network that shuttles passengers and goods in a safe, fast, environmentally friendly, cost-efficient and intelligent way. As part...

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Founder and CEO of EHang Huazhi Hu was recognized for his achievements in the aviation industry at the Living Legends of Aviation Awards Europe. Mr Hu is the first Chinese honoree to receive this award. The Living Legends of Aviation, composed of both US and European members, are a committee that meets annually to recognize individuals in the aviation industry...

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EHang, a leading autonomous aerial vehicle (“AAV”) technology platform company, announced the appointment of Mr. Huaxiang (Edward) Xu as Chief Strategy Officer of the Company (“CSO”), effective as of July 1, 2019. Before joining EHang, Mr. Xu served as Head of Asia (ex-Japan) Transportation Research at Morgan Stanley. During his 15-year career as an equity research analyst at Morgan Stanley, he covered China’s aerospace and transportation industries extensively,...

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