EHang Unmanned Aircraft Cloud System Approved by the CAAC; EH216-S Positioned for Post-TC Commercial Operations
21 August 2023 - 3:19PM
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the
world’s leading autonomous aerial vehicle (“AAV”) technology
platform company, today announced that its EHang Unmanned Aircraft
Cloud System (“UACS”) has been officially approved by the Civil
Aviation Administration of China (“CAAC”) for UACS trial
operations. With the UACS trial operations approved, EHang, as the
world’s first manufacturer and operator of passenger-carrying
unmanned vehicle system, further solidifies a vital foundation for
commercial operations post the certification of EH216-S.
Additionally, the approval of the UACS trial operations serves as a
significant safeguard for large-scale operational safety and
management.
(EHang UACS Approval Letter issued by the
CAAC)
In the increasingly widespread application of
unmanned aircraft in the field of low-altitude economy, UACS
technology has become an important safeguard for secure and
efficient operations. EHang UACS features functions of management
of airspace, UAVs, flight plans and operators, etc., enabling
cluster management of multiple aircrafts within the same airspace,
and ensuring safer and more reliable operations. The approval
letter issued by the CAAC signifies that EHang’s UACS meets
relevant civil aviation standards in China. In the commercial
operations of EH216-S after obtaining its type certificate, EHang's
UACS will also become a crucial component.
Currently, EHang has laid out comprehensive
strategies for future commercial operations. Over the past two
years, the Company has carried out trial operations under the
CAAC’s guidance alongside the application of the type
certification. During such two-year period, EHang has conducted
over 9,300 successful low-altitude tourism flight trials in 20
locations across 18 cities in China, include Guangzhou, Shenzhen,
Zhuhai, Zhaoqing, and Sanya, among others. During this process, a
professional and well-trained AAV operation team have been
cultivated with a digital platform developed for Urban Air Mobility
(“UAM”) operation management and services, thus accumulating
multifaceted, feasible and replicable trial operation
experience.
Meanwhile, in recent years, there has been a
series of favorable policies introduced from the State Council to
local governments to support the development of the low-altitude
economy, which creates a broad space for the implementation and
operation of UAM applications. With leading technologies and a
wealth of expertise from trial operations, EHang gained recognition
from multiple city governments and has become an important partner
in promoting the expansion and implementation of UAM applications.
In July 2023, EHang formed a strategic partnership with the Bao'an
District Government of Shenzhen City to jointly formulate UAM use
cases and systems and develop routes for low-altitude demonstration
to build Shenzhen as a national low-altitude economy development
demonstration city.
Huazhi Hu, Founder, Chairman and CEO of EHang,
commented, “EHang UACS trial operation has received official
approval from the CAAC, indicating that EHang has been recognized
by the authority of the national regulator. From unmanned aerial
vehicle system to the UACS, as well as operating teams and service
platforms, EHang has made comprehensive and sufficient preparation
for the upcoming commercial operations after years of planning.
With EHang's long-term accumulated advantages, we are confident and
well-positioned to embark on a new chapter of UAM operations with
our partners.”
About EHangEHang (Nasdaq: EH)
is the world's leading autonomous aerial vehicle (AAV) technology
platform company. EHang’s mission is to make safe, autonomous, and
eco-friendly air mobility accessible to everyone. EHang provides
customers in various industries with AAV products and commercial
solutions: air mobility (including passenger transportation and
logistics), smart city management, and aerial media solutions. As
the forerunner of cutting-edge AAV technologies and commercial
solutions in the global Urban Air Mobility (UAM) industry, EHang
continues to explore the boundaries of the sky to make flying
technologies benefit our life in smart cities. For more
information, please visit www.ehang.com.
Safe Harbor StatementThis press
release contains statements that may constitute “forward-looking”
statements pursuant to the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “aims,” “future,” “intends,”
“plans,” “believes,” “estimates,” “likely to” and similar
statements. Statements that are not historical facts, including
statements about management’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to those
relating to EH216-S Type Certification, our expectations regarding
demand for, and market acceptance of, our AAV products and
solutions and the commercialization of UAM services, our
relationships with strategic partners, and current litigation and
potential litigation involving us. Management has based these
forward-looking statements on its current expectations,
assumptions, estimates and projections. While they believe these
expectations, assumptions, estimates and projections are
reasonable, such forward-looking statements are only predictions
and involve known and unknown risks and uncertainties, many of
which are beyond management’s control. These statements involve
risks and uncertainties that may cause EHang’s actual results,
performance or achievements to differ materially from any future
results, performance or achievements expressed or implied by these
forward-looking statements.
Investor Contact:
ir@ehang.com Media Contact:
pr@ehang.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/044b42eb-2642-4947-8373-bd725964dd48
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