Advancements in Urban Air Mobility..
As a drone pilot, the recent advancements by EHang Holdings Limited in Urban Air Mobility (UAM) are particularly noteworthy. In November 2024, EHang's Board of Directors approved a Share Repurchase Program, authorizing the buyback of up to US$30 million of its American Depositary Shares (ADSs) or ordinary shares over the next 12 months. This move reflects the company's confidence in its long-term growth prospects and commitment to delivering value to shareholders.
Earlier in April 2024, EHang achieved a significant milestone by obtaining the Production Certificate (PC) for its EH216-S passenger-carrying pilotless electric vertical takeoff and landing (eVTOL) aircraft from the Civil Aviation Administration of China (CAAC). This certification, the first of its kind in the global eVTOL industry, signifies that EHang has established a mass production quality management system meeting CAAC's airworthiness standards, paving the way for large-scale manufacturing of the EH216-S.
Additionally, EHang has launched a new UAM hub at Luogang Central Park in Hefei, Anhui Province. Designed to accommodate 10 to 20 EH216-S unmanned passenger drones, the facility includes passenger waiting, boarding, and ticketing areas, as well as educational spaces for the local community. Operations are set to commence following the issuance of an operating license by the CAAC, anticipated within the next year.
These developments, along with successful flight tests in Guangzhou and Hefei, underscore EHang's leadership in the Chinese Advanced Air Mobility (AAM) sector as amall aircraft begin to integrate into global airspace. As a drone pilot, it's exciting to witness such progress in the industry, which not only highlights the rapid advancements in autonomous aerial technology but also sets the stage for the future of urban air transportation.
And it’s not just eVTOL taxis. Embedded below is a tourist inspired programmed flight in a ‘drone pod’ taking sightseers over some of the archeological sites not readily viewable from the ground or the roadside.