News Flash Updates:
EHang Secures Landmark Order for 300 eVTOL Aircraft, Propelling China's Low-Altitude Economy
EHang Holdings Limited (Nasdaq: EH), a global pioneer in autonomous aerial vehicle (AAV) technology, has announced a groundbreaking partnership with Wencheng County in Zhejiang Province, China. This collaboration marks a significant milestone in developing China's low-altitude economy and urban air mobility (UAM) sector. With this agreement, Wencheng County joins other pioneering regions in China, such as Guangdong province and Beijing, in embracing eVTOL technology. Together, these forward-thinking initiatives are positioning China at the forefront of eVTOL technology adoption and implementation.
Archer Aviation Groundbreaking Plans for the San Fransisco Bay Area Air Mobility Network
Archer Aviation, a leading electric vertical takeoff and landing (eVTOL) aircraft developer, has unveiled ambitious plans to create an air mobility network in the San Francisco Bay Area. This network aims to transform regional transportation by connecting five key locations: South San Francisco, Napa, San Jose, Oakland, and Livermore.
The Vision: Archer aims to replace one-to-two-hour car journeys with swift 10-20 minute flights, dramatically improving connectivity and convenience for Bay Area residents and visitors. At the heart of this vision is Archer's Midnight aircraft, a piloted, four-passenger eVTOL designed for rapid back-to-back flights with minimal charging time.
A closer look at Lilium's Partnership with Bao'an District of Shenzhen
Lilium, a leading eVTOL manufacturer, has partnered with the Bao'an District of Shenzhen municipality to establish a regional headquarters and premium eVTOL operations in China. This strategic collaboration aims to leverage Bao'an District's extensive regional knowledge and expertise to facilitate Lilium's entry into the promising Chinese market, projected to account for up to 25% of the global eVTOL industry.
Archer Receives FAA Certification for Commercial Airline
Archer Aviation, a leader in electric vertical takeoff and landing (eVTOL) aircraft, has achieved a major milestone by receiving its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA). This allows Archer Aviation to begin operating aircraft commercially as it works towards the launch of its Midnight eVTOL air taxi.
VoltAero Begins Cassio 330 Hybrid Powertrain Tests
French aircraft developer VoltAero has reached a significant milestone in its mission to produce an efficient and eco-friendly electric-hybrid aircraft. The company has begun certification testing of the parallel hybrid-electric powertrain that will power its groundbreaking five-seat Cassio 330 aircraft.
EHang's Record-Breaking Q1 2024 Financial Performance and Strategic Milestones
EHang Holdings Limited, a leading player in the urban air mobility (UAM) industry, released its unaudited financial results for the first quarter of 2024 on May 20. This announcement highlights several vital achievements and provides insights into the company’s financial performance and strategic progress. Below is a comprehensive summary enriched with details from various sources to give a fuller picture of EHang’s status and future outlook. Download PDF Version
EHang EH216-S Leads Air Mobility Innovation with First Passenger-Carrying eVTOL Demo in Abu Dhabi
Mr. Mohamed Al Dhaheri, board member of MLG took a ride on the EH216-S.
Guangzhou, China, May 6, 2024 - EHang Holdings Limited (Nasdaq: EH), a leader in urban air mobility (UAM) technology, today achieved a significant breakthrough by completing the first passenger-carrying demo flight in Abu Dhabi with its EH216-S pilotless electric vertical take-off and landing (eVTOL) aircraft. This landmark event, not only for the United Arab Emirates but also for the Middle East, marks a significant moment in urban air mobility. The company also successfully showcased the EH216-F, designed for high-rise firefighting, and the EH216-L for aerial logistics, highlighting the versatile applications of its pilotless eVTOL aircraft in the UAE.
Lilium and UrbanLink Forge Path for eVTOL passenger service in South Florida
MIAMI, FLORIDA, May 6, 2024 – Today, a new era dawns in the skies of South Florida. Lilium N.V. (NASDAQ: LILM), a pioneer of all-electric vertical take-off and landing (eVTOL) jets, has just forged a groundbreaking alliance with UrbanLink, a leading name in advanced air mobility (AAM). This partnership will see the integration of 20 state-of-the-art Lilium Jets into UrbanLink’s fleet, establishing UrbanLInk as the first U.S. airline to fully embrace eVTOL technology.
Turbulence Ahead - Analyzing Volocopter's Financial Crisis
The burgeoning field of electric vertical takeoff and landing (eVTOL) aircraft has set off a wave of innovation within urban air mobility. However, not all is smooth flying in this high-stakes industry, as demonstrated by the recent financial troubles of one of its pioneers, Volocopter. Let's examine the causes and implications of Volocopter's financial predicament, providing a snapshot of the challenges startups face in cutting-edge technology sectors.
Full-scale Lilium Jet model to be unveiled at EBACE 2024
MUNICH, April 30, 2024 — Lilium N.V. (NASDAQ: LILM), a trailblazer in the development of the all-electric vertical take-off and landing (eVTOL) jet, proudly announces the upcoming public debut of the full-scale Lilium Jet model. This momentous unveiling is set to occur at EBACE2024, Europe’s leading event for aviation and advanced air mobility. The event will be hosted in Geneva, Switzerland, at Palexpo and Geneva Airport from May 28-30, 2024.
VoltAero begins certification tests for hybrid-electric Cassio hybrid electric aircraft.
April - 26 - 2024: Voltaero has initiated certification tests for its hybrid-electric Cassio 330 aircraft, marking a significant development in hybrid aviation. The aircraft features a powertrain combining a Safran electric motor and a Kawasaki thermal engine, offering a total power output of 330kW. This system utilizes the internal combustion engine as a range extender and a backup in case of electric propulsion issues.
GPT EHang Receives Production Certificate for EH216-S eVTOL from CAAC, Enabling mass production
Guangzhou, China, April 7, 2024 -- EHang Holdings Limited (Nasdaq: EH), a leader in the Urban Air Mobility (UAM) technology platform sector, today declared it has secured the Production Certificate (PC) for its EH216-S, a pilotless electric vertical takeoff and landing (eVTOL) aircraft. This certificate, issued by the Civil Aviation Administration of China (CAAC), is the first of its kind in the eVTOL global industry. This follows EHang's earlier achievements of receiving both the Type Certificate (TC) and the Standard Airworthiness Certificate (AC), marking another step towards mass production and commercial operations of the eVTOL aircraft.
EHang Collaborates with Greater Bay to Create Ultra-Fast Charging Batteries for eVTOL Use
April 29, 2024: EHang Holdings, a prominent player in Urban Air Mobility (UAM) technology, has formed a strategic alliance with Guangzhou Greater Bay Technology, specialists in ultra-fast charging, as revealed at the 16th Chongqing International Battery Technology Exchange Conference/Exhibition. This collaboration aims to pioneer the development of Ultra-Fast Charging (UFC) and eXtreme Fast Charging (XFC) battery solutions specifically tailored for EHang's electric vertical takeoff and landing (eVTOL) aircraft. Additionally, this partnership will drive the advancement and industrialization of key power system components and modules for eVTOLs within the UAM sector, thereby establishing a foundational ecosystem for the commercial viability of the low-altitude economy.
April.04.2024 | ELECTRON Aerospace secures new orders for battery-powered electric aircraft
ELECTRON Aerospace, an electric aircraft developer based in the Netherlands, has signed up two new customers for its future battery-powered aircraft.
Air2E and Hopscotch Air, two air taxi operators based, respectively, in Berlin, Germany, and Farmingdale, New York, have placed orders for the Electron 5 aircraft. The aircraft is still under development and not expected to enter service until nearer 2028. With these two deals, the exact breakdown of which hasn’t yet been made public, ELECTRON Aerospace has already accumulated orders worth almost €200 million. This includes previous orders placed by Australian electric aircraft operator FlyOnE and Mint Air, a Korean startup.