Wolfpack Research, a global financial research & due diligence firm dedicated to protecting investors by ensuring a balance in the financial ecosystem, just published a report revealing why they believe EHang NASDAQ: EH is an elaborate stock promotion, built on largely fabricated revenues based on sham sales contracts with a customer who appears to be more interested in helping inflate the value of its investment in EH i.e., pump EH’s stock price than actually buying its products. Continue reading
Tag Archives: UAM
EHang Joins EU-Supported SAFIR-Med Project
EHang Holdings Limited 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. Continue reading
EHang Joins Paris Region Urban Air Mobility Initiative
EHang Holdings Limited has been selected as a key member of the Re.Invent Air Mobility initiative out of 150 applications from 25 countries to build the future urban air mobility (UAM) ecosystem in the capital Paris region of France, in prospect of the 2024 Olympic and Paralympic Games. Continue reading
Urban Air Mobility Company Archer to List on NYSE
Archer, an Urban Air Mobility company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. , a special purpose acquisition company, have announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company. It is anticipated that the post-closing company, Archer, will be listed on the NYSE with ticker symbol “ACHR.” Continue reading
EU AiRMOUR Project Tests Medical Emergency Drones
As populations grow, traditional traffic infrastructure is pushed to its limits. Mobility is, therefore, expanding into the third dimension – the airspace. AiRMOUR is a research and innovation project supporting sustainable air mobility in urban contexts via emergency and medical services. Continue reading
SESAR U-Space Partners Launch Smart City Air Mobility Trials
The revolution of urban air mobility (UAM) covers new concepts of operations, business cases, applicable regulations, and stakeholders and end users. This new business sector needs to be secured, invented, refined, structured and industrialized while staying sustainable and interoperable within the U-space framework. Continue reading
Pierce Aerospace and Notre Dame Get USAF Contract for Remote ID
Pierce Aerospace and the University of Notre Dame’s Center for Research Computing announced that the US Air Force awarded them an Agility Prime contract for “Decentralized Remote ID for Air Vehicles: Optimization of Low Latency, Scalable Data Networks Via Emulation, Modelling, and Simulation. Continue reading
EmbraerX and Airservices Australia Release Concept of Operations for Urban Air Mobility
EmbraerX, Embraer’s disruptive business subsidiary, and Airservices, Australia’s civil air navigation service provider, have developed a new concept of operations (CONOPS) for the air taxi market, also known as urban air mobility (UAM). Continue reading