by DRONELIFE Workers Author Ian M. Crosby
EHang Holdings Ltd [NASDAQ:EH] is likely one of the holdings within the AdvisorShares Drone Know-how ETF [NYSE ARCA:UAV], the one ETF devoted to the drone economic system. For full checklist of holdings click on right here. The AdvisorShares Drone Know-how ETF is a thematic funding technique in search of to seize the expansion alternatives in drones and autonomous autos (AV). AdvisorShares is a DRONELIFE sponsor.
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Notably, that is the nation’s first passenger-carrying flight carried out by an autonomous eVTOL plane. With the approval of Japan’s Ministry of Land, Infrastructure, Transport and Tourism (“MLIT”), the EH216 flew with two passengers and no pilot alongside the shoreline of Tanoura Seaside within the metropolis of Oita.
“Final July, EH216 accomplished its Japan’s first point-to-point trial flight in Oita, receiving overwhelming responses. Right now, EH216 takes on the problem of passenger-carrying flight right here, and I’m more than happy to witness this second,” stated Oita Mayor Sato Kiichiro. “I hope that in the present day’s passenger-carrying flight check will speed up autonomous aerial autos to take an additional step towards sensible use instances, in order that this business filled with alternatives might be in full swing.”
This yr EHang and its associate, the Okayama Kurashiki Mizushima Aero & House Business Cluster Research Group (“MASC”), returned to Oita to conduct the EH216’s first passenger-carrying autonomous flight inside Japan. This demonstration is anticipated to extend consciousness and curiosity surrounding UAM inside Japan and propel the event of its UAM business.
“EH216 is a pacesetter within the eVTOL area with in depth expertise in passenger-carrying flights. This profitable flight check of EH216 in Oita Prefecture has proven us the chances of experiencing the sweetness and pleasure the skies supply with out a pilot,” stated MASC Chairman Kirino Hiroshi. “We sit up for EH216’s flight checks in additional cities, and the long run when EH216 may be deployed and utilized in Japan.”
“Over the previous two years, EH216 has achieved one milestone after one other in Japan with a number of rounds of demo and trial flights. This yr introduced passengers the potential of driving within the air with this cutting-edge product and know-how. All these milestones are inextricably linked to the help and belief of MLIT of Japan, native authorities departments, and our companions,” stated EHang COO Xin Fang. “EHang has additionally demonstrated the reliability of our AAV merchandise. We’ll proceed working with our companions to advertise protected, autonomous, and eco-friendly UAM options in Japan in order to learn extra folks worldwide with our passenger-grade AAVs.”
Ian attended Dominican College of California, the place he acquired a BA in English in 2019. With a lifelong ardour for writing and storytelling and a eager curiosity in know-how, he’s now contributing to DroneLife as a employees author.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, knowledgeable drone companies market, and a fascinated observer of the rising drone business and the regulatory atmosphere for drones. Miriam has penned over 3,000 articles targeted on the business drone area and is a global speaker and acknowledged determine within the business. Miriam has a level from the College of Chicago and over 20 years of expertise in excessive tech gross sales and advertising and marketing for brand new applied sciences.
For drone business consulting or writing, E mail Miriam.
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