EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, has announced a new Share Repurchase Program. Under this program, EHang may repurchase up to US$30 million of its American Depositary Shares (“ADSs”) or ordinary shares over the next 12 months.
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CycloTech, a global leader in the development of innovative CycloRotor technology, has announced the appointment of a new CEO: Effective December 1, 2024, Dr.-Ing. Marcus Bauer will assume the role of Chief Executive Officer (CEO), succeeding Hans-Georg Kinsky.
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EHang Holdings Limited, a leading Urban Air Mobility (UAM) technology company, reported strong financial results for the third quarter of 2024, marked by record-breaking revenues and significant progress across its business operations.
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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 signed a cooperation framework agreement (“Agreement”) with Zhejiang Sunriver Culture and Tourism Co., Ltd. (“Sunriver”, 600576.SH), a China A-share listed company, to explore an industrial model that integrates the low-altitude economy with cultural tourism in China.
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EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (UAM) technology platform company, today announced a strategic investment totaling over US$22 million. The investors are Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a leading Chinese provider of new energy vehicle power systems, and a strategic institutional investor from the Middle East. Both investors have agreed to a 180-day lock-up period.
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EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), recognized globally as a leading technology platform for Urban Air Mobility (UAM), has officially launched a new UAM Hub at Luogang Central Park in Hefei, Anhui Province. This represents the second vertiport within Luogang Park, following the inauguration of the Urban Air Mobility Operations Center earlier in May. This latest development will serve as key infrastructure for the deployment of the EH216-S pilotless passenger-carrying aerial vehicles and aims to contribute significantly to the emerging low-altitude economy in Eastern China.