Volant fuels up for Hong Kong IPO with $450 million in new funds
The 5-year-old eVTOL maker’s latest fundraising includes backers like Legend Capital and HSG, formerly known as Sequoia China, who join investors tied to the Shanghai government Key Takeaways: Volant has…
BRIEF: TravelSky profit rises on cost controls, even as revenue drops
Aviation industry information provider TravelSky Technology Ltd. (0696.HK) on Friday reported its revenue fell 0.6% last year to 8.77 billion yuan ($1.27 billion), but its profit rose 12.9% to 2.34…
EHang ready for takeoff?
The company said it has conducted more than 90% of tests needed to have its autonomous aerial vehicles certified in China, and it expects to finish remaining tests ‘in the…
EHang’s Order Book Takes Flight as Cash Pile Glides to Earth
Autonomous air vehicle maker announces major new pre-order from Indonesia and intent to form joint venture in Thailand Key Takeaways: EHang has announced a major new deal to sell 100…