EHang Reports First Quarter 2021 Unaudited Financial Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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- Expanded well-rounded product portfolio to capture more market opportunities
GUANGZHOU, China, April 16, 2021 (GLOBE NEWSWIRE) EHang Holdings Limited ( EHang or the Company ) (NASDAQ:EH), the world s leading autonomous aerial vehicle ( AAV ) technology platform company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial and Operational Highlights
Total revenues were RMB54.6 million (US$8.4 million), on par with RMB54.7 million in the fourth quarter of 2019. Revenues from air mobility solutions were RMB33.4 million (US$5.1 million), reflecting a 10.1% decrease year over year mainly due to the resurgence of the COVID-19 pandemic in China in the fourth quarter and its impact on tourism industry customers.
EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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With Europe’s new legislation allowing ports to coordinate and manage drones in their airspace, the Belgian Port of Antwerp, Europe’s second-largest port, is creating a drone ecosystem for the future together with Unifly.
In 2019, Port of Antwerp’s participation in the SAFIR (Safe and Flexible Integration of Initial U-space Services in a Real Environment) project successfully demonstrated the safety and economic viability of integrated drone traffic in seaports. The project also made clear what’s needed in terms of regulation and requirements at all levels to facilitate drone flights in and around the port safely and securely. In February 2021, the Port of Antwerp deployed, for the first time, an autonomous drone developed in collaboration with the company DroneMatrix.