EHang 216 Obtained Special Flight Operations Certificate from Transport Canada Civil Aviation

Rhea-AI Summary

EHang Holdings Limited (Nasdaq: EH) announced that its EHang 216 has received a Special Flight Operations Certificate (SFOC) from Transport Canada Civil Aviation, marking a crucial regulatory achievement for North American passenger-grade autonomous aerial vehicles (AAVs). This certificate allows for routine trial flights in Québec, following prior approvals from aviation authorities in the U.S., Norway, and China. EHang's Chairman highlighted this as a signal of supportive regulatory developments in the urban air mobility sector, aiming to provide safe and eco-friendly air transport solutions.

Positive

• EHang 216 received the Special Flight Operations Certificate from Transport Canada, allowing routine trial flights in Québec.
• The permit represents a first for periodic operations of passenger-grade AAVs in North America.
• This achievement builds on EHang's previous regulatory approvals in multiple countries, enhancing its operational credibility.

Negative

• None.

GUANGZHOU, China, July 29, 2020 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading autonomous aerial vehicle (AAV) technology platform company, today announced that EHang 216 has obtained a Special Flight Operations Certificate (SFOC) issued by the Transport Canada Civil Aviation (TCCA), the civil aviation authority in Canada. This is another milestone in regulatory breakthroughs for EHang 216 and the first of this kind permit for periodic operations of passenger-grade AAVs in North America.

With the certificate, trial flights of EHang 216 AAVs can be routinely conducted in Québec province. Last September, EHang was invited to showcase its EHang 216 at the International Civil Aviation Organization (ICAO)’s 75^th Anniversary ceremony in Québec, Canada. The EHang 216 AAV was highly appraised by ICAO and many aviation authorities from different countries. This achievement is an important foundation for future urban air mobility (UAM) operations in Canada.

EHang Founder, Chairman and CEO, Huazhi Hu said, “We are pleased to see the EHang 216 receiving such an important certificate from the TCCA, following consecutive flight approvals received from aviation authorities in different countries, including the U.S. Federal Aviation Administration, the Civil Aviation Authority of Norway and the Civil Aviation Administration of China. It conveys a positive signal from global regulators to establish a supportive and sustainable regulatory environment for the UAM industry. As a leader in the industry, EHang will continue to work with our customers and partners to provide safe, autonomous and eco-friendly air mobility solutions to the world.”

Safe Harbor Statement
This 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. 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.

About EHang
EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company. Our 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.

Media Contact:
pr.cn@ehang.com

Investor Contact:
ir@ehang.com 
In the U.S.: Julia@blueshirtgroup.com
In China: Susie@blueshirtgroup.com

FAQ

What is the significance of EHang's Special Flight Operations Certificate (SFOC) received on July 29, 2020?

The SFOC allows EHang 216 to conduct routine trial flights in Canada, marking a milestone in the regulatory framework for passenger-grade AAVs in North America.

How does EHang's recent regulatory achievement impact its stock performance (EH)?

The approval is likely to positively influence investor sentiment and stock performance by validating EHang's leadership in the urban air mobility sector.

What prior approvals did EHang 216 receive before the SFOC in Canada?

EHang 216 had previously secured approvals from aviation authorities in the U.S., Norway, and China, reinforcing its regulatory compliance.

What is EHang's goal in the urban air mobility industry?

EHang aims to provide safe, autonomous, and eco-friendly air mobility solutions, leveraging its advancements in AAV technology.