Latest news with #UAM
Business Upturn
01-07-2025
- Business
- Business Upturn
EHang Partners with Reignwood Aviation to Create a New Model of General Aviation and eVTOL Collaboration in the Low-altitude Economy
GUANGZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) — EHang Holdings Limited ('EHang' or the 'Company') (Nasdaq: EH), the world's leading urban air mobility ('UAM') technology platform company, today announced that it has entered into a strategic partnership agreement with Reignwood Aviation Group. Leveraging their respective strengths, the two parties will collaborate under China's national strategy for developing the low-altitude economy, guided by the principles of technology empowerment, scenario-driven innovation, and global expansion. Together, they aim to set a global standard for integrating traditional general aviation with next-generation electric vertical take-off and landing ('eVTOL') aircraft. Advertisement Image: EHang and Reignwood Aviation Group's agreement signing ceremony According to the agreement, Reignwood Aviation Group plans to deploy eVTOLs at scale, prioritizing at its operational hubs in key cultural and tourism destinations. The partnership will begin with consumer-facing applications such as low-altitude tourism and related ground services. Over time, the cooperation will further expand to UAM field to build a three-dimensional urban transportation network. In the long term, the two parties aim to expand to more scenarios and low-altitude services including passenger transportation, aerial logistics, emergency response, etc. To support eVTOL low-altitude flight services, EHang and Reignwood Aviation Group plan to explore and establish integrated low-altitude service hubs offering flight demonstration, aircraft takeoff and landing services, energy supply and maintenance. They will also plan to jointly launch a digitalized fleet management platform enabling future demands for high-density, high-frequency, and high-complexity low-altitude UAV and eVTOL flights. Additionally, they plan to jointly establish a 'Reignwood –EHang Flight Training Center,' leveraging Reignwood's aviation expertise and infrastructure to develop training programs that address the sector's certified talent needs in both domestic and international markets. Internationally, EHang and Reignwood Aviation Group will promote local airworthiness certification and deploy the EH216-S in core tourist areas such as Bangkok and Phuket. This collaborative approach aims to bring China's successful low-altitude economy model to the ASEAN region, supporting the development of UAM ecosystems across Southeast Asia. Gang Zheng, Chairman of Reignwood Aviation Group, said, 'This cooperation marks a significant step forward in Reignwood Aviation's intelligent transformation. As a private general aviation enterprise with full operational qualifications and industry-leading service capabilities in China — and as low-altitude tourism demonstration enterprise by the China National Tourism Administration—Reignwood Aviation has built a national network of five operational bases. Our business spans aviation operations, services, airport management, and aircraft sales, supported by a fleet of over 60 aircraft and a total investment of RMB 2.0 billion. Partnering with EHang is a recognition of its disruptive technology and leadership. As the world's first company to receive a human-carrying airworthiness certificate for a pilotless aircraft, EHang's values of safety, intelligence, and sustainability align perfectly with our innovation-driven vision for the future.' Zhao Wang, Chief Operating Officer of EHang, commented, 'This strategic partnership with Reignwood Aviation Group marks another important milestone in our global low-altitude economy strategy. Reignwood's extensive experience in general aviation operations, airport infrastructure, and international resource integration will be instrumental in accelerating the scale deployment and commercial operation of the EH216-S. We look forward to jointly exploring the integration of traditional aviation and innovative eVTOL technologies — starting from tourism use cases and scaling toward comprehensive UAM solutions. We're excited to jointly build a leading operational model in China and extend our collaboration to Southeast Asia and beyond.' About EHang EHang (Nasdaq: EH) is the world's leading urban air mobility ('UAM') technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle ('UAV') systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang's flagship product EH216-S has obtained the world's first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China ('CAAC'). In 2025, EH216-S eVTOL operators have been granted the first batch of Air Operator Certificates for human-carrying pilotless eVTOL flight services for mass consumers issued by the CAAC. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit About Reignwood Aviation Reignwood Aviation Group leverages China's booming general aviation market to lead the nation's strategic emerging industries. With five operational bases, it builds a modern service cluster covering Aviation Operations, Services, Airport Management, and Sales. As China's top private general aviation enterprise with the most licenses and largest fleet, Reignwood offers integrated services including pilot training, aircraft procurement, financial solutions, fleet maintenance, and airport management. Rooted in China and serving global markets, it is a one-stop general aviation service provider. Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Statements that are not historical facts, including statements about management's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause EHang's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Media Contact: [email protected] Investor Contact: [email protected] A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
30-06-2025
- Business
- Business Upturn
EHang Secures Order for 50 Units of EH216-S from Guizhou and Partners with Anshun Government to Advance Low-Altitude Cultural Tourism
GUANGZHOU, China, June 30, 2025 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) ('EHang' or the 'Company'), the world's leading Urban Air Mobility ('UAM') technology platform company, today announced EHang has received a purchase order for 50 units of its EH216-S pilotless electric vertical take-off and landing ('eVTOL') aircraft from Guizhou Scenic Tourism Development Co., Ltd. ( 'Guizhou Scenic'), a wholly-owned subsidiary of Guizhou Tourism Group. These aircraft are planned to be deployed in scenic areas operated by Guizhou Tourism Group to offer low-altitude aerial tourism and sightseeing services and explore low-altitude tourism application scenarios. Meanwhile, EHang reaches a cooperation agreement with the Management Committee of the Economic and Technological Development Zone of Anshun City in Guizhou province, aiming to jointly create a flagship model of technology-enabled cultural tourism in Guizhou province and contribute to the high-quality development of Guizhou province's low-altitude economy. (Image: EHang and Guizhou Scenic's agreement signing ceremony) (Image: agreement signing ceremony between EHang and the Management Committee of the Economic and Technological Development Zone of Anshun City) (Image: EHang cooperation symposium, hosted by Yin Hengbin, Mayor of Anshun City) With its diverse landscapes and abundant tourism resources, Guizhou province offers an ideal environment for pilotless eVTOL applications. In 2025, the Guizhou Provincial Government's Work Report highlights the development of the low-altitude economy and aims to establish various low-altitude tourism, logistics and emergency scenarios in its Three-Year Action Plan for the High-Quality Development of the Low-Altitude Economy (2025–2027) (draft for public consultation) . Anshun city stands out in Guizhou province with its solid foundation for low-altitude industry development, featuring a well-established aerospace supply chain, robust infrastructure, and comprehensive supporting policies. Guizhou places strong emphasis on and actively supports the growth of Anshun's aviation and low-altitude sectors. EHang's cooperation with Anshun city and Guizhou Tourism Group will further, based on practical needs, expand and implement diverse low-altitude application scenarios, attract high-end talents and cutting-edge technologies, and plan to promote practical collaborations in areas such as aircraft R&D, component manufacturing, testing, and trial operations. These joint efforts aim to drive the local low-altitude industry toward a more advanced, intelligent, and sustainable future, and contribute to the creation of a globally competitive industrial cluster. Guizhou Tourism Group serves as Guizhou province's core tourism operator and an integrated service provider for all-for-one tourism. Guizhou Scenic focuses on supporting Guizhou province's vision of becoming a world-class travel destination and promoting high-quality development of the tourism industry. It manages several renowned scenic areas in Guizhou, such as the Jiabang Rice Terraces in Congjiang, Basha Miao Village, and Yunfeng Tunpu in Anshun. Changpeng Yang, Secretary of Anshun City, stated, 'In recent years, China has accelerated the layout of the low-altitude economy as a strategic industry. The Guizhou provincial government have vigorously supported its high-quality growth, designating Anshun as a demonstration zone for the province's low-altitude economy development. We hope Anshun and EHang will seize this strategic opportunity, deepen their collaboration, and work together to build a thriving low-altitude industrial cluster. By aligning our efforts and leveraging our respective strengths, we aim to integrate new productive forces with Guizhou's natural beauty, unlock more application scenarios, create greater value, and establish a national benchmark for low-altitude economic development.' Yusheng Meng, Deputy General Manager of Guizhou Tourism Group, commented, 'Guizhou Tourism Group has always been committed to pioneering innovation in Guizhou's tourism sector. The introduction of the EH216-S pilotless human-carrying aircraft brings a new vitality and dimension to our scenic areas, offering visitors an unprecedented aerial sightseeing experience. We look forward to deepening our collaboration with EHang to fully unlock the potential of Guizhou's distinctive natural landscapes and cultural heritage. Together, we aim to build a globally attractive low-altitude tourism brand and contribute meaningfully to the province's emerging low-altitude economy.' 'Following the issuance of China's first batch of Operation Certificates for pilotless human-carrying aircraft, EHang is working closely with certified air mobility operators to steadily advance the safe operation and commercial deployment of the EH216-S. This 50-unit purchase order mark a significant milestone in EHang's strategic expansion into low-altitude tourism and serves as a key initiative to establish Guizhou as a model for low-altitude technology innovation, further demonstrating our collaborator's strong recognition of EHang's product capabilities and technological strengths and underscoring the market's growing confidence in the promising future of the low-altitude economy,' said Zhao Wang, Chief Operating Officer of EHang. 'Guizhou's rich tourism resources make it an ideal setting for a wide range of aerial services—from sightseeing and tourism to immersive flight experiences. Its mountainous terrain also poses challenges for traditional ground transportation, driving strong demand for innovative eVTOL solutions to enhance regional mobility and logistics. We view this partnership as a strategic catalyst to deepen our operational presence in Guizhou, explore new models for low-altitude economy development, and deliver safe, convenient, and eco-friendly aerial experiences that foster high-quality consumption powered by low-altitude technologies.' About EHang EHang (Nasdaq: EH) is the world's leading urban air mobility ('UAM') technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle ('UAV') systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang's flagship product EH216-S has obtained the world's first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China ('CAAC'). In 2025, EH216-S eVTOL operators have been granted the first batch of Air Operator Certificates for human-carrying pilotless eVTOL flight services for mass consumers issued by the CAAC. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit Safe Harbor Statement This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Statements that are not historical facts, including statements about management's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause EHang's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Media Contact: [email protected] Investor Contact: [email protected] Photos accompanying this announcement are available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Time of India
27-06-2025
- Automotive
- Time of India
How Dubai is reinventing mobility—And why Indian startups should pay attention
Autonomous taxis are on the horizon, hybrid vehicles are already navigating city streets, and flying taxis are moving from concept to reality. Dubai is steadily transforming the way a modern city moves, guided by a vision of cleaner, smarter, and more efficient mobility. What sets Dubai apart is its unique fusion of advanced technology, strategic foresight, and a collaborative ecosystem that blends global partnerships with homegrown innovation. For India, where the dialogue around electric vehicles, logistics technology, and urban infrastructure is rapidly evolving, Dubai serves as a compelling reference point. In this piece, we examine what India can learn from Dubai's ambitious mobility initiatives—and the lessons they offer for cities reimagining the future of urban transportation. On the way to autonomy and sustainability- Dubai's green and driverless vision Dubai's Roads and Transport Authority (RTA) has partnered with autonomous driving startup to introduce a fleet of self-driving taxis by 2026, with pilots commencing earlier this year (2025). These state-of-the-art, all-weather autonomous vehicles—now in their seventh generation—are a key component of the city's Smart Mobility Plan, which aims to automate 25% of all transport journeys by 2030. Complementing this push is a parallel goal to decarbonise. Currently, 50% of Dubai's taxi fleet consists of hybrid vehicles, and the RTA plans to transition entirely to hybrid or electric vehicles by 2027. Supporting this is a growing EV infrastructure, with over 300 charging stations now existing across the city. The Dubai Electricity and Water Authority (DEWA) is targeting 1,000 by 2025. For Indian EV and battery-tech startups, this offers not just partnership potential but also valuable market and policy insights, especially given Dubai's regulatory openness and focus on smart public-private models. As Ahmed Mahboob, CEO of the Licensing Agency at RTA, reported, 'The RTA remains committed to establishing Dubai as a global benchmark for smart and sustainable transport systems. This also aligns with efforts to elevate Dubai's standing in government service excellence and advance its ambition to become the world's most digitally advanced city.' Urban air mobility in Dubai and the sky's the limit! Beyond road transport, Dubai has also been at the forefront of urban air mobility. Back in 2017, Volocopter conducted its first public demonstration in the city—an autonomous electric air taxi flying 500 meters at an altitude of 60 meters—making it one of the world's earliest real-world UAM trials. Today, the Emirate is moving steadily toward launching commercial air mobility services by 2026. The General Civil Aviation Authority (GCAA), in coordination with the Technology Innovation Institute (TII) and ASPIRE, is currently establishing air corridors, traffic control standards, and vertiport infrastructure at key nodes, including Dubai Marina, the Palm Jumeirah, and Dubai International Airport. Companies such as Joby Aviation and Volocopter are helping shape this aerial layer of urban mobility. As Dubai develops vertiports and air corridors for commercial launch by 2026, it raises important lessons for India's evolving UAM landscape. Private sector as the powerhouse– collaboration driving transformation While most of these innovations are primarily government-led, the private sector is equally instrumental in shaping what comes next. Take logistics-tech platform TruKKer, for example, which has partnered with the RTA to launch Logisty, an AI-driven freight mobility marketplace aimed at improving fleet utilisation and bringing transparency to freight costs. Whether in the air or on the road, Dubai's approach is marked by collaboration, technology, and a clear intent to redefine how a city moves. His Excellency Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of the RTA, highlighted,"The launch of the 'Logisty' platform supports the Dubai Economic Agenda (D33) aimed to enhance Dubai's position as one of the top three economic cities in the world. This also aligns with the Dubai Commercial Road Transport & Logistics Strategy 2030, along with the associated roadmap and projects aimed to double the direct contribution of the commercial road transport logistics sector to the emirate's economy to AED 16.8 billion, increase technology adoption in the sector's infrastructure by 75%, and improve operational efficiency by 10%.' 'There is backing at the highest level. We also believe that the current evolution will continue to increase in the coming years as investors and governments play a more active role in creating value globally. Businesses like TruKKer are on a journey from MENA to the world.' Gaurav Biswas, Founder and CEO, TruKKer, reportedly mentioned. Meanwhile, Talabat's partnership with e-bike firm Motoboy signals a strategic shift towards sustainable last-mile logistics, aligned with the UAE's Net Zero 2050 goals. 'Talabat's success story has been driven by innovation, entrepreneurship, and a deep understanding of our region,' said Tomaso Rodriguez, CEO of Talabat, after the company's record-breaking IPO on the Dubai Financial Market in 2025. 'These factors have enabled us to serve and deliver to a remarkable region that we are proud to call home.' These efforts demonstrate a symbiotic model where startups don't just benefit from regulation—they help shape it, offering a dynamic blueprint for Indian entrepreneurs. Dubai's vision– A gateway for Indian investment and entrepreneurship This tech-forward city is positioning itself as a global springboard for innovation-led businesses, especially from rapidly growing markets like India. With an urban ecosystem powered by AI, IoT, clean energy, and digital-first governance, the city offers fertile ground for Indian startups looking to test, scale, and globalise their solutions. For Indian entrepreneurs, especially those working in EVs, logistics-tech, or urban infrastructure, Dubai presents a unique advantage. Its business-friendly environment includes free zones with 100% foreign ownership, zero income tax, and streamlined regulatory processes. What's more? Dubai's strategic location- connecting Asia, Europe, and Africa- makes it an ideal hub for international expansion. Initiatives like the Dubai Future Accelerators and the presence of a robust VC network help accelerate growth, while long-term Golden Visa options provide stability for founders and skilled professionals. For Indian startups eyeing global markets, Dubai isn't a far-off frontier—it's a real-time sandbox for innovation, scale, and visibility.
Business Insider
16-06-2025
- Business
- Business Insider
Eve Holding signs first binding framework agreement with Revo
Eve Air Mobility has signed its first binding framework agreement with Revo, an advanced urban air mobility, UAM, operator headquartered in Sao Paulo, Brazil, and its parent company, Omni Helicopters International SA. The contract includes the purchase of up to 50 electric Vertical Takeoff and Landing, eVTOL, aircraft, associated entry into service and aftermarket services. This milestone marks Eve's transition from development to execution, solidifying its position as a leading provider of next-generation UAM solutions. 'This binding agreement with Revo and OHI is a pivotal step for Eve, demonstrating growing market confidence in our technology and operational model,' said Johann Bordais, CEO of Eve Air Mobility. 'By moving from concept to implementation, we are not only advancing our commercial roadmap but also helping to shape a robust and sustainable UAM ecosystem, setting a global benchmark for eVTOL deployment.' Confident Investing Starts Here:
Business Wire
20-05-2025
- Business
- Business Wire
Wisk and NASA Sign Five-Year Research Partnership to Advance Autonomous Flight
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Wisk Aero, a leading Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the U.S., today announced it has entered into a new five-year Non-Reimbursable Space Act Agreement (NRSAA) with NASA. This agreement focuses on critical research led by NASA's Air Traffic Management Exploration (ATM-X) project aimed at advancing autonomous aircraft under Instrument Flight Rules (IFR) in the National Airspace System (NAS). Wisk and NASA sign new 5 year agreement to advance autonomous aircraft under Instrument Flight Rules in the National Airspace System. Share As an autonomous electric vertical takeoff and landing (eVTOL) air taxi, Wisk is working with NASA to help define the industry standards that will support the introduction of autonomous aircraft in the NAS. This research will help regulators consider future flight procedures and capabilities to accelerate U.S. leadership in automated aviation technology. , Wisk and NASA have collaborated to develop key guidance for the safe integration of autonomous aircraft systems for UAM operations under an initial Space Act Agreement. This expanded collaboration will focus on research using advanced simulation and Live Virtual Constructive (LVC) flight environments that combine live flights with a simulated airspace to enable researchers to assess future operations. This work is instrumental in informing the development of: Airspace and route design optimized for highly automated Urban Air Mobility (UAM) operations Critical aircraft and ground-based safety system requirements necessary for autonomous flight in urban environments Air Traffic Control (ATC) communications protocols and procedures for seamless integration of UAM aircraft 'This new, long-term agreement with NASA is a significant step forward for Wisk and the broader UAM industry,' said Erick Corona, Director of Airspace Operational Integration at Wisk. 'With NASA's simulation and LVC capabilities, we can accelerate the development of our Gen 6 autonomous systems to safely and efficiently integrate into the U.S. NAS before the end of the decade.' To initiate early work under this annex, the Wisk and NASA teams held a workshop last month at the Mike Monroney Aeronautical Center in Oklahoma City. The teams discussed how instrument flight procedures and advanced technologies would work hand-in-hand to enable safe and efficient autonomous passenger flight. Over the course of the five-year agreement, Wisk and NASA will continue to conduct the research testing necessary to inform requirements and procedures for future operations. About Wisk Wisk is an Advanced Air Mobility (AAM) company dedicated to creating a future for air travel that elevates people, communities, and aviation. Wisk is developing the first autonomous, passenger-carrying electric vertical takeoff and landing (eVTOL) air taxi in the U.S. Wisk is a fully-owned Boeing subsidiary and is headquartered in the San Francisco Bay Area, with locations around the world. With over a decade of experience and over 1750+ test flights, Wisk is shaping the future of daily commutes and urban travel, safely and sustainably. Learn more about Wisk here.
