EHang's Pilotless eVTOL Air Operator Certificate Application Accepted by CAAC
EHang Holdings (Nasdaq: EH) announced that the Civil Aviation Administration of China (CAAC) has formally accepted Air Operator Certificate (AOC) applications from its subsidiary and joint venture. This marks the start of the review process for pilotless passenger-carrying eVTOL aircraft business licenses and operational qualifications. The CAAC has formed a specialized review team for this world-first project.
EHang is collaborating with CAAC to develop EH216-S operational standards, which will serve as a reference for the world's first commercial operation regulatory system for pilotless passenger-carrying eVTOLs. The company recently contributed to the release of China's first technical specification for eVTOL aircraft landing sites.
This milestone brings EHang closer to its goal of commercial operation of unmanned passenger-carrying aerial vehicles, representing the final step for urban air mobility entering the consumer market.
EHang Holdings (Nasdaq: EH) ha annunciato che l'Amministrazione dell'Aviazione Civile della Cina (CAAC) ha formalmente accettato le richieste di Certificato di Operatore Aereo (AOC) dalla sua controllata e joint venture. Questo segna l'inizio del processo di revisione per le licenze aziendali e le qualifiche operative degli aeromobili eVTOL senza pilota per il trasporto passeggeri. La CAAC ha costituito un team di revisione specializzato per questo progetto pionieristico mondiale.
EHang sta collaborando con la CAAC per sviluppare gli standard operativi EH216-S, che serviranno come riferimento per il primo sistema normativo al mondo per le operazioni commerciali di eVTOL senza pilota per il trasporto di passeggeri. Recentemente, l'azienda ha contribuito alla pubblicazione della prima specifica tecnica della Cina per i siti di atterraggio degli eVTOL.
Questo traguardo avvicina EHang al suo obiettivo di operazioni commerciali di veicoli aerei senza pilota per il trasporto di passeggeri, rappresentando l'ultima fase per l'ingresso della mobilità aerea urbana nel mercato dei consumatori.
EHang Holdings (Nasdaq: EH) anunció que la Administración de Aviación Civil de China (CAAC) ha aceptado formalmente las solicitudes del Certificado de Operador Aéreo (AOC) de su filial y empresa conjunta. Esto marca el inicio del proceso de revisión para las licencias de negocio y las calificaciones operativas de vehículos aéreos eVTOL sin piloto que transportan pasajeros. La CAAC ha formado un equipo de revisión especializado para este proyecto pionero mundial.
EHang está colaborando con la CAAC para desarrollar los estándares operativos EH216-S, que servirán como referencia para el primer sistema regulatorio de operaciones comerciales de eVTOL sin piloto que transportan pasajeros en el mundo. Recientemente, la empresa ha contribuido a la publicación de la primera especificación técnica de China para los sitios de aterrizaje de eVTOL.
Este hito acerca a EHang a su objetivo de operaciones comerciales de vehículos aéreos sin piloto que transportan pasajeros, representando el último paso para que la movilidad aérea urbana entre al mercado de consumidores.
EHang 홀딩스(Nasdaq: EH)는 중국 민간 항공국(CAAC)이 자회사와 합작 기업의 항공 생산자 인증(AOC) 신청을 공식적으로 수락했다고 발표했습니다. 이는 무인 승객 수송 eVTOL 항공기 사업 허가 및 운영 자격에 대한 검토 프로세스의 시작을 의미합니다. CAAC는 이 세계 최초의 프로젝트를 위해 전문 검토 팀을 구성했습니다.
EHang은 CAAC와 협력하여 EH216-S 운영 기준을 개발하고 있으며, 이는 무인 승객 수송 eVTOL의 세계 최초 상업 운영 규제 시스템을 위한 참고 자료로 사용될 것입니다. 회사는 최근 중국의 eVTOL 항공기 착륙지에 대한 첫 번째 기술 사양의 출시에 기여했습니다.
이 이정표는 EHang이 무인 승객 수송 비행기 상업 운영 목표에 더 가까워지게 하며, 도시 항공 이동성이 소비자 시장에 진출하는 마지막 단계를 나타냅니다.
EHang Holdings (Nasdaq: EH) a annoncé que l'Administration de l'aviation civile de Chine (CAAC) a officiellement accepté les demandes de Certificat d'Opérateur Aérien (AOC) de sa filiale et de son coentreprise. Cela marque le début du processus de révision pour les licences d'entreprise et les qualifications opérationnelles des aéronefs eVTOL transportant des passagers sans pilote. La CAAC a constitué une équipe de révision spécialisée pour ce projet pionnier mondial.
EHang collabore avec la CAAC pour développer les normes opérationnelles EH216-S, qui serviront de référence pour le premier système réglementaire d'opérations commerciales d'eVTOL sans pilote transportant des passagers dans le monde. L'entreprise a récemment contribué à la publication de la première spécification technique de la Chine pour les sites d'atterrissage des eVTOL.
Ce jalon rapproche EHang de son objectif d'opérations commerciales de véhicules aériens sans pilote transportant des passagers, représentant la dernière étape pour l'entrée de la mobilité aérienne urbaine sur le marché des consommateurs.
EHang Holdings (Nasdaq: EH) gab bekannt, dass die Zivilluftfahrtbehörde Chinas (CAAC) die Anträge auf ein Luftfahrtbetreiberzertifikat (AOC) von seiner Tochtergesellschaft und Joint Venture formell akzeptiert hat. Dies markiert den Beginn des Überprüfungsprozesses für die lizenzierte gewerbliche Nutzung von pilotenlosen Passagier-eVTOL-Flugzeugen und deren operationale Qualifikationen. Die CAAC hat ein spezialisiertes Überprüfungsteam für dieses weltweit erste Projekt gebildet.
EHang arbeitet mit der CAAC zusammen, um EH216-S Betriebsstandards zu entwickeln, die als Referenz für das weltweit erste regulative System für den gewerblichen Betrieb von pilotenlosen Passagier-eVTOLs dienen werden. Das Unternehmen hat kürzlich zur Veröffentlichung der ersten technischen Spezifikation Chinas für eVTOL-Landeplätze beigetragen.
Diesen Meilenstein bringt EHang seinem Ziel der kommerziellen Nutzung von unbemannten Passagierluftfahrzeugen näher, was den letzten Schritt für die städtische Luftmobilität auf dem Verbrauchermarkt darstellt.
- CAAC accepted AOC applications for EHang's pilotless eVTOL aircraft
- EHang is collaborating with CAAC to develop EH216-S operational standards
- EHang contributed to China's first technical specification for eVTOL aircraft landing sites
- Progress towards commercial operation of unmanned passenger-carrying aerial vehicles
- None.
Insights
The acceptance of EHang's Air Operator Certificate (AOC) application by the Civil Aviation Administration of China (CAAC) is a significant technological milestone for the company and the urban air mobility (UAM) industry. The certification process involves establishing new safety and operational standards for pilotless electric vertical takeoff and landing (eVTOL) aircraft, which is a complex and innovative undertaking. This move indicates that EHang is pushing the boundaries of traditional aviation regulations and enhancing its credibility within the industry. Technological advancements in autonomous flight systems, data analytics and safety protocols are pivotal for the successful implementation of eVTOL operations. If EHang succeeds in obtaining the AOC, it could set a global precedent and drive further investments and development in the UAM sector.
The formal acceptance of EHang's AOC application by the CAAC potentially positions EHang as a frontrunner in the emerging UAM market. This development is not just a regulatory formality but a key step towards commercial viability. Investors should note that securing the AOC will likely enable EHang to launch commercial operations, which can significantly boost revenue streams and market share. Additionally, the collaboration with CAAC to draft new operational standards underscores EHang's proactive role in shaping industry norms. However, investors should remain cautious of the regulatory hurdles and timeframes involved in the certification process, which may affect short-term stock performance but holds considerable long-term growth potential.
From a financial perspective, the acceptance of the AOC application is a positive indicator for EHang's future revenue and profitability. The move signals potential market expansion and operational scaling, which can attract strategic partnerships and investor interest. EHang's ability to influence regulatory standards also highlights the company's leadership and innovation within the UAM sector. While the certification timeline remains uncertain, the potential for EHang to commercialize its pilotless eVTOLs can lead to substantial growth in market valuation. Investors should monitor the progress of this certification closely, as successful navigation through regulatory requirements could result in significant financial uplift and operational scalability.
GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that the Civil Aviation Administration of China (“CAAC”) has formally accepted the Air Operator Certificate (“AOC” or “OC”) applications submitted by Guangdong EHang General Aviation Co., Ltd. (“EHang General Aviation”), the Company’s wholly-owned subsidiary specializing in UAM operation services, and Hefei Heyi Aviation Co., Ltd. (“Heyi Aviation”), its joint venture company in Hefei. This marks the commencement of the review process for the applicants’ business license and operational qualification for pilotless passenger-carrying aerial vehicles, with consensus reached on review procedures, subjects, and frameworks. The CAAC has established a specialized review team to move forward the subsequent review process.
As the world's first project for the OC of pilotless passenger-carrying electric vertical takeoff and landing ("eVTOL") aircraft, this milestone is paving the way for the establishment of the world's first commercial operation standard system for passenger-carrying eVTOL, which will lay a solid foundation for the commercial operation of EHang's EH216-S. In addition to EHang General Aviation and Heyi Aviation, EHang's partners in Guangzhou, Shenzhen, Taiyuan, and Wuxi are also actively preparing for OC applications, with the aim to accelerate the launching of EH216-S commercial operation and low-altitude economy demonstration projects in local cities.
Similar to the previous type certification process, the OC certification for EH216-S pilotless passenger-carrying aerial vehicle cannot directly follow the existing standards in civil aviation field, but rather requires innovation and improvement based on current regulations to establish a new and applicable standard. In March, the CAAC issued a Consultation Notice on the Application and Issuance of Operator Certificate under the Civil Aviation Regulations Part 92, aiming to ensure a smooth implementation of the Rules on the Safety Management of Civil Unmanned Aircraft (CCAR-92) . It clarifies the OC application procedures and requirements, standardizes the scope and key points of operational safety assessments, and refines operational management requirements. Leveraging EHang’s extensive operational data and practical experience, the Company is actively collaborating with the CAAC to develop EH216-S operational standards, which will provide a reference basis for the world's first commercial operation regulatory system for pilotless passenger-carrying eVTOLs.
In May of this year, the group standard "Technical Requirements for eVTOL Aircraft Landing Sites", primarily drafted and initiated by EHang, was released. This standard provides clear guidelines on the technical parameters of eVTOL aircraft landing sites, including physical characteristics, obstacle limitations, site selection, structural design, and specialized facilities. As China's first technical specification for eVTOL aircraft landing sites, it will serve as a reference basis for the development of eVTOL industry standards in China and will also make a significant contribution to commercial operations of EHang eVTOLs.
Recently, Song Zhiyong, CAAC Administrator, stated that China's low-altitude economy is entering a new phase of rapid growth. As the industry regulatory authority, the CAAC will prioritize five key areas of focus, including the construction of unmanned aerial vehicle (“UAV”) demonstration zones, the development of airworthiness certification capabilities, the certification of OC, planning and construction of airport facilities, and the establishment of low-altitude flight service support system.
Huazhi Hu, Founder, Chairman and CEO of EHang, commented, “We are collaborating with the CAAC to establish a new operation system for pilotless aerial vehicles, which will once again achieve a breakthrough in the global civil aviation industry. The formal acceptance of the world's first pilotless passenger-carrying eVTOL OC application has significant implications for the eVTOL industry. From obtaining the world's first type certification, production certificate, and standard airworthiness certificate for a pilotless passenger-carrying eVTOL, to enter into OC certification, we are pleased to have received high recognition from the CAAC and are one step closer to realizing our goal of commercial operation of unmanned passenger-carrying aerial vehicles, representing the final step for urban air mobility entering the consumer market. We look forward to the issuance of the world's first commercial operation standard and the first OC for pilotless passenger-carrying eVTOL , which will bring low-altitude economy accessible to the public."
About EHang
EHang (Nasdaq: EH) is the world’s leading urban air mobility (“UAM”) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (“UAV”) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang’s EH216-S has obtained the world’s first type certificate, production certificate and standard airworthiness certificate for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global 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 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. 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 certifications, our expectations regarding demand for, and market acceptance of, our 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.
Media Contact: pr@ehang.com
Investor Contact: ir@ehang.com
FAQ
What milestone did EHang (EH) achieve with the CAAC on July 22, 2024?
What is significant about EHang's (EH) AOC application acceptance?
How is EHang (EH) contributing to eVTOL industry standards?
What is the potential impact of EHang's (EH) progress on the urban air mobility market?
