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Air Taxi
Shares drone taxi maker EHang crash after Wolfpack report
Chinese drone taxi manufacturer EHang’s stock plummeted yesterday after US investment analyst Wolfpack Research released a damning report on the company. In a few hours, EHang lost more than 60% of its share price. According to the analyst, EHang has…
Volocopter to start electric air taxi service in Singapore
The German company Volocopter will operate an electric air taxi service in the Asian city of Singapore. To this end, a partnership has been entered into with the Economic Development Board of Singapore (EDB) and the Civil Aviation Authority of…
EHang demonstrates synchronous flying air taxis
The Chinese developer of heavy lift drones EHang has put a new video online showing how five electrically powered air taxis perform a flight in a nicely synchronized manner. With the demonstration, the company wants to show the benefits of…
Drone News – Tue June 16, 2020
Here are today’s most important drone news articles. We publish this post every weekday at 5:30 p.m. Some of these stories are from DroneXL.co and some of them will be from other sources. If you’d like to receive this in an…
Honeywell starts new business unit to enter drone industry
Major supplier of aerospace products, Honeywell International Inc. announced on Monday that it will launch a new business unit to enter the drone industry. The new department will focus on the autonomous aviation space, including drones, air taxis, unmanned cargo…