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EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

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GUANGZHOU, China, April 16, 2021 (GLOBE NEWSWIRE) EHang Holdings Limited ( EHang or the Company ) (NASDAQ:EH), the world s leading autonomous aerial vehicle ( AAV ) technology platform company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial and Operational Highlights
Total revenues were RMB54.6 million (US$8.4 million), on par with RMB54.7 million in the fourth quarter of 2019. Revenues from air mobility solutions were RMB33.4 million (US$5.1 million), reflecting a 10.1% decrease year over year mainly due to the resurgence of the COVID-19 pandemic in China in the fourth quarter and its impact on tourism industry customers. ....

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EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
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The Port of Antwerp Is Working Toward the Deployment of Autonomous Drones to Improve Operations

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With Europe’s new legislation allowing ports to coordinate and manage drones in their airspace, the Belgian Port of Antwerp, Europe’s second-largest port, is creating a drone ecosystem for the future together with Unifly.
In 2019, Port of Antwerp’s participation in the SAFIR (Safe and Flexible Integration of Initial U-space Services in a Real Environment) project successfully demonstrated the safety and economic viability of integrated drone traffic in seaports. The project also made clear what’s needed in terms of regulation and requirements at all levels to facilitate drone flights in and around the port safely and securely. In February 2021, the Port of Antwerp deployed, for the first time, an autonomous drone developed in collaboration with the company DroneMatrix. ....

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EHang to demonstrate eVTOL medical air mobility via SAFIR-Med project

Photo Credit: EHang Holdings Ltd.
EHang Holdings Ltd. (Guangzhou, China) announced on Feb. 5 its participation as the only passenger eVTOL partner in the SAFIR-Med (Safe and Flexible Integration of Advanced U-Space Services for Medical Air Mobility) project, a research and innovation project to promote the use of unmanned aviation in healthcare systems across the European Union (EU).
The project, which aims to ensure that healthcare is of high quality and accessible to all citizens of the EU, has selected 17 partners from eight countries and is supported by eight cross-industry advisory board members including the European Aviation Safety Agency (EASA) and The Red Cross. Within two years, the project intends to demonstrate advanced U-Space services, a set of new services relying on the digitalization and automation of functions and specific procedures designed to help ensure unmanned aircraft operate in a safe, secure and connected environment. These include detect-a ....

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EHang to Demonstrate Medical Air Mobility via Participation in EU-supported SAFIR-Med Project

EHang to Demonstrate Medical Air Mobility via Participation in EU-supported SAFIR-Med Project
EHang Holdings Limited, the world s leading autonomous aerial vehicle (AAV) technology platform company, has announced its participation as the only passenger eVTOL partner in the SAFIR-Med project. SAFIR-Med, which stands for “Safe and Flexible Integration of Advanced U-Space Services for Medical Air Mobility”, is a research and innovation project to promote the use of unmanned aviation in healthcare systems across the European Union. The project aims to ensure that healthcare is of high quality and accessible to all citizens of the EU. The project has selected 17 renowned partners from 8 countries and is supported by 8 cross-industry advisory board members including the European Aviation Safety Agency (EASA) and The Red Cross. Within two years, the project intends to demonstrate advanced U-Space services enablin ....

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