A British drone manufacturer is taking a bold leap into the future of urban transportation. In just a few years, the skies over Europe could be buzzing with air taxis, offering an innovative solution to ease congestion on crowded city streets. Skyports, a leader in the field of urban air mobility, plans to launch its air taxi service in 2026 after successfully raising $110 million in funding. This move places Skyports at the forefront of an emerging market that is set to redefine how we think about urban travel.
25
Nov
Nov
The prospect of electric-powered aviation has drawn increasing interest in recent years, not only from the aerospace industry but also from climate-conscious travelers and innovators seeking greener solutions. As we look towards 2025, a realistic overview of what we can expect in this emerging field helps ground our hopes while providing insight into the technical advances and challenges still to be addressed.
22
Nov
Nov
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.
19
Nov
Nov
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.
18
Nov
Nov
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.
16
Nov
Nov
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.