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Ohio eIPP Proposal Uses New Aviation Technology to Solve National Healthcare Challenge
Globenewswire· 2026-01-28 14:05
Columbus, Ohio, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Ohio has submitted a comprehensive proposal to the Federal Aviation Administration’s Electric Vertical Takeoff and Landing Integration Pilot Program (eIPP) that would deploy operational aircraft within three months of approval to solve critical medical transport challenges across a four-state region. The Ohio Department of Transportation (ODOT), leading a coalition that includes JobsOhio, BETA Technologies, Joby Aviation (NYSE: JOBY), NEOEx, the National Adv ...
EHang Appoints Mr. Shuai Feng as Chief Technology Officer to Deepen Technological Innovation and Industrial Synergy, Empowering Commercialization
Globenewswire· 2026-01-16 13:00
GUANGZHOU, China, Jan. 16, 2026 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), a global leader in advanced air mobility (“AAM”) technology, today officially announced that the Board of Directors of the Company (the “Board”) has approved and appointed Mr. Shuai Feng as the Chief Technology Officer (“CTO”), effective on January 14, 2026. This appointment represents a key milestone in the Company’s technology strategy. Building on the solid foundation established through ye ...
Neo Aeronautics(NEOA) - Prospectus
2025-12-19 20:09
FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Neo Aeronautics, Inc. As filed with the Securities and Exchange Commission on December 19, 2025. Registration No. 333-[ ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of Registrant as specified in its charter) Delaware 3812 38-4330835 (I.R.S. Employer Identification Number) Techlink, 31 Kaki Bukit Rd 3 #03-01B Singapore, 417818 +65 8053 1488 (Address, including zip code, and telephone number, including ar ...
U.S. DOT, BETA Technologies, Industry Collaborate on National Advanced Air Mobility Strategy
Businesswire· 2025-12-17 19:35
The U.S. DOT's strategy outlines a plan that is directly aligned with BETA's aircraft and ongoing market entry strategy, the company's plan to operate within the current regulatory and operational framework and its disciplined, stepwise approach to certification. The plan seeks to leverage existing infrastructure, modernize air traffic management, prioritize U.S. manufacturing, and develop a domestic workforce to meaningfully scale AAM operations in the United States. This approach complements BETA's missio ...
ACHR vs. EVTL: Which Air Mobility Stock has Better Potential?
ZACKS· 2025-11-28 17:26
Core Insights - The aviation industry is rapidly advancing towards electric flight, with increasing investor interest in advanced air mobility, particularly in eVTOL aircraft developed by companies like Archer Aviation Inc. and Vertical Aerospace Ltd. [1] Archer Aviation (ACHR) - Archer Aviation is pursuing FAA certification for its Midnight aircraft, aiming to launch commercial air taxi services by the end of 2025 [2] - In November 2025, Archer Aviation formed a partnership with The Helicopter Company and Red Sea Global to potentially introduce its eVTOL aircraft into Saudi Arabia's transportation network [3] - Archer signed an agreement to supply Anduril Industries and EDGE Group with its electric powertrain technology, creating a new revenue stream [4] - The company is acquiring Hawthorne Airport in Los Angeles for $126 million, which will support its air taxi network and serve as a testbed for AI technologies [5] - Archer Aviation shows stronger liquidity with a current ratio of 18.20, indicating sufficient capital to meet short-term obligations [15] - The Zacks Consensus Estimate for Archer's 2025 loss is projected at 74 cents per share, reflecting a year-over-year improvement of 34.51% [11] Vertical Aerospace (EVTL) - Vertical Aerospace received its Permit to Fly from the U.K. Civil Aviation Authority in November 2025, advancing its VX4 prototype towards certification [6] - The U.K. Department for Transport announced funding for projects developing zero-emission aircraft, including the OxCam AAM Corridor, which involves Vertical Aerospace [7] - The Zacks Consensus Estimate for Vertical Aerospace's 2025 earnings per share is projected at eight cents, indicating a year-over-year improvement of 100.2% [12] Comparative Performance - Over the past year, Archer Aviation's stock has declined by 21.7%, while Vertical Aerospace's shares have fallen by 56.5% [14] - Archer Aviation is positioned as the stronger choice in the eVTOL market due to clearer commercial progress, stronger partnerships, and better liquidity [16] - Archer Aviation holds a Zacks Rank 2 (Buy), while Vertical Aerospace has a Zacks Rank 3 (Hold) [17]
EHang Reports Third Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-11-26 09:16
Core Insights - EHang Holdings Limited reported its unaudited financial results for the third quarter of 2025, highlighting a decline in revenue and increased operating losses while maintaining its full-year revenue guidance of approximately RMB 500 million [1][4][38]. Financial Performance - Total revenues for Q3 2025 were RMB 92.5 million (US$ 13.0 million), down from RMB 128.1 million in Q3 2024 and RMB 147.2 million in Q2 2025, primarily due to decreased sales volume of EH216 series products [15][21]. - Gross profit was RMB 56.2 million (US$ 7.9 million), with a gross margin of 60.8%, compared to 61.2% in Q3 2024 and 62.6% in Q2 2025 [17]. - Operating loss increased to RMB 91.7 million (US$ 12.9 million) from RMB 54.7 million in Q3 2024 and RMB 78.1 million in Q2 2025 [19]. - Net loss was RMB 82.1 million (US$ 11.5 million), compared to RMB 48.1 million in Q3 2024 and RMB 81.0 million in Q2 2025 [21]. - Cash and cash equivalents, along with short-term investments, totaled RMB 1.13 billion (US$ 158.3 million) as of September 30, 2025 [24]. Business Developments - EHang launched the VT35, a next-generation long-range pilotless eVTOL model, which aims to expand its product portfolio into intercity air mobility [4][5]. - The company has made significant progress towards commercial operations in China and has initiated the Thailand AAM Sandbox Initiative, which is expected to pave the way for commercial operations overseas [4][8]. - EHang has expanded its global footprint with operations in Qatar, Japan, Kazakhstan, and Rwanda, enhancing its international presence [4][14]. Operational Readiness - EHang's certified operators have conducted over 1,700 safe operational flights and are preparing for commercial operations, with plans to roll out reservation-based eVTOL flight services [8]. - The internal beta version of the EHang Trip ticketing system is live, preparing for future public online ticketing services [8]. - EHang is collaborating with the Civil Aviation Authority of Thailand to launch the world's first commercial eVTOL operations through a regulatory sandbox approach [8]. Management Insights - The CEO of EHang expressed confidence in the company's progress across product development, operational readiness, and overseas expansion, emphasizing the importance of the VT35 and the Thailand initiative for future growth [12]. - The CFO noted the year-over-year decline in revenue but maintained the full-year revenue guidance based on anticipated client purchase plans [12]. Strategic Partnerships - EHang signed a Memorandum of Understanding with Allur Group in Kazakhstan to develop urban air mobility solutions and establish a UAM operation center [14]. - The company partnered with the Hefei government to establish a product hub for the VT35 series, receiving support valued at approximately RMB 500 million [5]. Future Outlook - EHang maintains its full-year revenue guidance of approximately RMB 500 million, based on expected market demand and readiness for commercial operations [38].
EHang's Thailand AAM Sandbox Reaches Landmark: First Urban Sandbox Human-Carrying Flight of Pilotless eVTOL with CAAT Director-General Aboard
Globenewswire· 2025-11-25 14:58
Core Insights - EHang Holdings Limited successfully launched an urban human-carrying flight event in Bangkok, marking a significant milestone in the company's advanced air mobility (AAM) commercialization efforts [1][5][9] - The event was conducted under the AAM Sandbox Initiative, with the participation of key Thai government officials, including the Director General of the Civil Aviation Authority of Thailand (CAAT) [2][5] - The EH216-S aircraft demonstrated stable performance during the flight, showcasing its potential for commercial operations in urban environments [8][9] Company Developments - EHang's EH216-S completed a series of takeoffs and landings in Bangkok's central business district, with notable attendees experiencing the pilotless flight [2][5] - The flight event validated the EH216-S's safety and commercial feasibility through extensive testing and discussions with CAAT, focusing on flight safety, product technology, and operational systems [7][8] - EHang aims to expand its operations in Thailand, collaborating with local partners to develop a diversified low-altitude route network for urban commuting and aerial tourism [9] Industry Impact - The successful flight event is seen as a benchmark for the commercialization of the AAM industry in Southeast Asia, positioning Thailand as a potential leader in this sector [5][11] - The CAAT expressed strong support for EHang's technology, indicating a commitment to facilitating the safe implementation of modern aviation technologies in Thailand [11] - EHang's strategy includes enhancing Thailand's AAM regulatory framework, potentially leading to the world's first commercial eVTOL operations under a "sandbox" regulatory approach [11][12]
Oklo ($OKLO) | Pony.ai ($PONY) | Archer Aviation ($ACHR) | NANO Nuclear Energy ($NNE)
Youtube· 2025-11-19 14:17
Group 1 - Oaklo and Seammens Energy have signed a binding contract for the design and delivery of the power conversion system for Oaklo's first Aurora advanced vision reactor, advancing engineering and procurement of key components [1] - Pony AI has unveiled its fourth generation autonomous truck lineup, which reduces costs by approximately 70% and is designed for mass production with initial deployment planned for 2026, aiming to enhance logistics efficiency and reduce emissions in China [2] - Archer Aviation and Red Sea Global have entered an agreement to test Archer's EV toll aircraft, marking a significant step towards EV toll deployment in Saudi Arabia, with a structured testing framework to evaluate performance and feasibility [3] Group 2 - Nanuclear Energy has completed full-scale tests of its high temperature annular linear induction pump, validating its durability and insulation features, which are critical for advanced reactor coolant systems [4] - The results indicate the potential of induction pumps as a long-life, maintenance-free thermal management solution for various reactor types and extreme environments [4]
SkyGrid and High Lander Sign MOU to Accelerate Advanced Air Mobility Ecosystems in the UAE
Prnewswire· 2025-11-19 08:50
Core Viewpoint - The collaboration between SkyGrid and High Lander aims to establish Abu Dhabi as a global hub for autonomous air mobility, focusing on innovation and economic growth in the region [2][4]. Group 1: Partnership Details - SkyGrid and High Lander signed a Memorandum of Understanding (MOU) to develop an airspace management ecosystem for the safe integration of crewed and uncrewed aerial vehicles, including cargo drones and eVTOL aircraft [2][3]. - The partnership will assess Advanced Air Mobility Supporting Operational Environments (SOE), focusing on airspace integration, digital operations, vertiport integration, cybersecurity, and regulatory frameworks [3][4]. Group 2: Strategic Goals - The goal is to create technology roadmaps, regulatory frameworks, and infrastructure plans for AAM operations in Abu Dhabi and beyond, supporting the region's ambition to lead in next-generation aviation [4][5]. - This initiative aligns with Abu Dhabi's Economic Vision 2030, emphasizing technological innovation, economic diversification, and sustainability [5][6]. Group 3: Company Insights - SkyGrid specializes in high-assurance autonomous flight services and aims to enable safe operation and integration of autonomous aircraft [6][7]. - High Lander focuses on integrating UAS into airspaces worldwide through scalable software solutions, including Orion DFM and Vega UTM [7].
EHang to Report Third Quarter 2025 Unaudited Financial Results on Wednesday, November 26, 2025
Globenewswire· 2025-11-19 06:34
Core Viewpoint - EHang Holdings Limited will release its unaudited financial results for Q3 2025 on November 26, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - The unaudited financial results for the third quarter ended September 30, 2025, will be announced on November 26, 2025 [1] - An earnings conference call will be hosted by EHang's management team at 8:00 AM U.S. Eastern Time on the same day [2] - Participants must complete an online registration process to join the conference call, receiving email instructions with dial-in information and a PIN number [2][3] Group 2: Company Overview - EHang is recognized as the world's leading advanced air mobility (AAM) technology platform company, focusing on safe, autonomous, and eco-friendly air mobility [4] - The company develops a range of pilotless electric vertical take-off and landing (eVTOL) aircraft for various applications, including aerial tourism, intra-city transport, intercity travel, logistics, and emergency firefighting [4] - EHang's flagship model, the EH216-S, has received the world's first type certificate, production certificate, and standard airworthiness certificate for pilotless eVTOL from the Civil Aviation Administration of China [4] - The company is also expanding its capabilities with the VT35 model, which supports long-range and intercity scenarios, contributing to a multi-tiered low-altitude mobility network [4]