Guangzhou, China, November21, 2022 - EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Autonomous Aerial Vehicle (“AAV”) technology platform company, announced its participation in an EU-funded project, the SBAS (EGNOS) Adoption in Multicopter VTOL Aircraft (“SAMVA”) project, for deploying European Geostationary Navigation Overlay Service (“EGNOS”) on electrical Vertical Take Off and Landing (“eVTOL”) aircraft operations, such as EH216 AAVs, across the continent.
Under an initiative of the European Union Agency for the Space Programme (“EUSPA”), the SAMVA project focuses on the implementation of EGNOS satellite-based operations on eVTOLs to enhance Advanced Air Mobility services and U-Space airspace integration. The project consortium is composed of highly recognized partners across the industry, including Aeroports de Catalunya, EHang, Pildo Labs, the Airports Regional Council, Thales-Alenia Space, and Eliance.
For the SAMVA project, Aeroports de Catalunya and EHang plan to establish an AAV operational center at Lleida-Alguaire airport, to conduct EH216 flight demonstrations with EGNOS deployment and showcase how EGNOS can support and enhance Unmanned Aircraft System Traffic Management (“UTM”) tasks and AAV urban operations.
Participation in the SAMVA project will enable EHang to explore and expand AAV application in airport environments, which will contribute towards a more integrated and sustainable airspace and further advocate for safe, autonomous, and eco-friendly air mobility solutions in Europe.
Victoria Jing Xiang, Chief Operating Officer of EHang Europe and Latin America, commented, “The SAMVA project will unleash EGNOS capabilities aboard EHang’s EH216 AAV to provide precise and integer navigation guidance and support U-Space airspace integration. Our participation in this project reflects the meaningful progress we’ve made overseas with our strong industry-leading technologies as our global footprint expands. With that, EHang will continue to move further forward in the innovative development of safe and sustainable Advanced Air Mobility with global partners and create a better life for all.”
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.
The European Geostationary Navigation Overlay Service (EGNOS) provides an augmentation signal to the Global Positioning System (GPS) Standard Positioning Service (SPS), providing correction data and integrity information for improving positioning and navigation services over Europe.
EUSPA is the user-oriented operational European Union Agency for the Space Programme. The agency’s core mission is to implement the EU Space Programme, and to provide reliable, safe and secure space-related services, maximizing their socio-economic benefits for European society and business. EUSPA’s goal is to provide long-term, state-of-the-art safe and secure Galileo and EGNOS positioning, navigation, and timing services and cost-effective satellite communications services for GOVSATCOM, whilst ensuring service continuity and robustness. It also aims to communicate, promote, and develop the market for data, information and services offered by Galileo, EGNOS, Copernicus and GOVSATCOM.
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 EH216-S Type Certification, our expectations regarding demand for, and market acceptance of, our AAV 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.