VTOL aircraft

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against EHang Holdings Limited (EH)

Retrieved on: 
Thursday, April 8, 2021
Aviation, Urban air mobility, Ehang, Electric aircraft, Prototypes, VTOL aircraft, Human activities, Lluís Companys, Class action, Limited liability partnership

On February 16, 2021, analyst Wolfpack Research published a research report entitled EHang: A Stock Promotion Destined to Crash and Burn.

Key Points: 
  • On February 16, 2021, analyst Wolfpack Research published a research report entitled EHang: A Stock Promotion Destined to Crash and Burn.
  • On this news, the Companys share price fell $77.79, or approximately 62.7%, to close at $46.30 per share, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Air Taxis Will Utilize Next-Generation Batteries and Motors, Discusses IDTechEx

Retrieved on: 
Thursday, April 8, 2021
Articles, Energy, Hydrogen economy, Hydrogen technologies, Science and technology, Emerging technologies, Energy conversion, EVTOL, VTOL aircraft, Hydrogen vehicle, Fuel cell, Electric battery

It is not viable to put today's automotive batteries, which have been designed with suitable power characteristics for ground transport, directly into eVTOL.

Key Points: 
  • It is not viable to put today's automotive batteries, which have been designed with suitable power characteristics for ground transport, directly into eVTOL.
  • The use of fuel cells, which generate electricity using hydrogen, could potentially extend the capability of air taxis whilst maintaining low emissions.
  • To learn more about the technologies and materials opportunity in eVTOL see the brand-new report from IDTechEx " Air Taxis: Electric Vertical Take-Off and Landing Aircraft 2021-2041 ".
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Air Taxis Will Utilize Next-Generation Batteries and Motors, Discusses IDTechEx

Retrieved on: 
Thursday, April 8, 2021
Articles, Energy, Hydrogen economy, Hydrogen technologies, Science and technology, Emerging technologies, Energy conversion, EVTOL, VTOL aircraft, Hydrogen vehicle, Fuel cell, Electric battery

It is not viable to put today's automotive batteries, which have been designed with suitable power characteristics for ground transport, directly into eVTOL.

Key Points: 
  • It is not viable to put today's automotive batteries, which have been designed with suitable power characteristics for ground transport, directly into eVTOL.
  • The use of fuel cells, which generate electricity using hydrogen, could potentially extend the capability of air taxis whilst maintaining low emissions.
  • To learn more about the technologies and materials opportunity in eVTOL see the brand-new report from IDTechEx " Air Taxis: Electric Vertical Take-Off and Landing Aircraft 2021-2041 ".
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against EHang, fuboTV, Jianpu Technology, and Ebix Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, April 7, 2021
Aviation, Ehang, Electric aircraft, Prototypes, Urban air mobility, VTOL aircraft, EbIX, Human activities, Aircraft

On February 16, 2021, analyst Wolfpack Research published a scathing report entitled EHang: A Stock Promotion Destined to Crash and Burn.

Key Points: 
  • On February 16, 2021, analyst Wolfpack Research published a scathing report entitled EHang: A Stock Promotion Destined to Crash and Burn.
  • The complaint, filed on February 17, 2021, alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Companys business.
  • For more information on the Ebix class action case go to: https://bespc.com/cases/EBIX
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Jump Aero and Caltech Win U.S. Air Force Contract as part of Agility Prime

Retrieved on: 
Wednesday, April 7, 2021
Food and drink, EVTOL, VTOL aircraft, AERO, Food industry, Confectionery

PETALUMA, Calif., April 7, 2021 /PRNewswire/ --Jump Aero Incorporated announces the award of a Phase I Small Business Technology Transfer (STTR) research contract from the U.S. Air Force as part of Agility Prime, a program designed to accelerate the commercial market for dual-use advanced air mobility vehicles.

Key Points: 
  • PETALUMA, Calif., April 7, 2021 /PRNewswire/ --Jump Aero Incorporated announces the award of a Phase I Small Business Technology Transfer (STTR) research contract from the U.S. Air Force as part of Agility Prime, a program designed to accelerate the commercial market for dual-use advanced air mobility vehicles.
  • Jump Aero has partnered with Caltech to explore the potential of leveraging this pathway to bring an adaptive/ML recovery function to market on the JA1 eVTOL as an "electronic parachute".
  • "Jump Aero is thrilled to have been selected for this contract.
  • Jump Aero was founded to help the every-day heroes of our society: First Responders.

UPS Flight Forward Adds Innovative New Aircraft, Enhancing Capabilities and Network Sustainability

Retrieved on: 
Wednesday, April 7, 2021
VTOL aircraft, Aviation, Aircraft, Human activities, Electric aircraft, EVTOL, Beta Technologies, UPS Airlines, VTOL, Propeller, Pusher configuration, UPS Flight Forward

UPS (NYSE:UPS), together with its UPS Flight Forward subsidiary, plans to purchase electric Vertical Takeoff and Landing (eVTOL) aircraft from Beta Technologies (BETA) to augment its air service for select small and mid-size markets.

Key Points: 
  • UPS (NYSE:UPS), together with its UPS Flight Forward subsidiary, plans to purchase electric Vertical Takeoff and Landing (eVTOL) aircraft from Beta Technologies (BETA) to augment its air service for select small and mid-size markets.
  • These aircraft will take off and land on-property at UPS facilities in a whisper-quiet fashion, reducing time-in-transit, vehicle emissions, and operating cost.
  • BETAs aircraft has four fixed vertical lift propellers and one pusher propeller for forward flight.
  • The FAA certification also enables UPS Flight Forward to fly payloads of up to 7,500 lbs.

Transcend Air Awarded Key Air Force Project to Develop Simplified Vehicle Operation and High Speed Nap of the Earth VTOL Flight

Retrieved on: 
Monday, April 5, 2021
Technology, Other Defense, Contracts, Air, Transport, Other Technology, Aerospace, Software, Manufacturing, Defense, VTOL, AFWERX, Takeoff and landing, VTOL aircraft, Aviation, Aircraft, Human activities

Transcend Air today announces it has been awarded an AFWERX Small Business Technology Transfer (STTR) research and development contract, in partnership with Auburn University, to develop Simplified Vehicle Operation and flight control laws for high speed VTOL nap of the Earth flight with the Vy 400 Vertical Takeoff and Landing aircraft.

Key Points: 
  • Transcend Air today announces it has been awarded an AFWERX Small Business Technology Transfer (STTR) research and development contract, in partnership with Auburn University, to develop Simplified Vehicle Operation and flight control laws for high speed VTOL nap of the Earth flight with the Vy 400 Vertical Takeoff and Landing aircraft.
  • AFWERX is an arm of the United States Air Force that supports aircraft technology development for commercial and military purposes.
  • Transcend Air was founded to unlock the heart of the city with a regional VTOL air service that will free business travelers from congestion on the ground and in the air.
  • With the Vy 400, and the award-winning Vy 400R, Transcend Air is finally realizing the VTOL promise.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts EHang Holdings Limited (EH) Investors to April 19th Deadline in Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Monday, April 5, 2021
Aviation, Ehang, Electric aircraft, Prototypes, Urban air mobility, VTOL aircraft, Human activities, Steve Berman, Securities fraud, EH, Aircraft

SAN FRANCISCO, April 05, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges EHang Holdings Limited (NASDAQ: EH) investors with significant losses to submit their losses now.

Key Points: 
  • SAN FRANCISCO, April 05, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges EHang Holdings Limited (NASDAQ: EH) investors with significant losses to submit their losses now.
  • A securities fraud class action has been filed and certain investors may have valuable claims.
  • Investors allegedly learned the truth on February 16, 2021, when analyst Wolfpack Research issued a scathing report about the company.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

EH APRIL 19 DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against  EHang Holdings Limited – EH

Retrieved on: 
Wednesday, March 31, 2021
Aviation, Ehang, Electric aircraft, Prototypes, Urban air mobility, VTOL aircraft, EH, Class action, Shareholder, New York Stock Exchange, Human activities, Aircraft

NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of EHang Holdings Limited (NYSE: EH) between December 12, 2019 and February 16, 2021, inclusive (the Class Period).

Key Points: 
  • NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of EHang Holdings Limited (NYSE: EH) between December 12, 2019 and February 16, 2021, inclusive (the Class Period).
  • To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=ehang-holdings-limite... or call Sophie Zhang, Esq.
  • toll-free at 800-991-3756 or email [email protected] for information on the class action.
  • If you wish to serve as lead plaintiff, you must move the Court before the April 19, 2021 DEADLINE.

Lilium announces intention to list on Nasdaq through a merger with Qell Acquisition Corp., and reveals development of its 7-Seater electric vertical take-off and landing jet

Retrieved on: 
Tuesday, March 30, 2021
Aviation, Aircraft, Human activities, VTOL aircraft, Electric aircraft, Lilium GmbH, Lilium Jet, Lilium, VTOL

The 7-Seater Lilium Jet, an electric vertical take-off and landing jet, and Lilium's service for people and goods, enable sustainable, high-speed transportation.

Key Points: 
  • The 7-Seater Lilium Jet, an electric vertical take-off and landing jet, and Lilium's service for people and goods, enable sustainable, high-speed transportation.
  • Lilium GmbH ("Lilium"), positioned to be the global leader in regional electric air mobility, with the development of its electric vertical take-off and landing jet, has entered into a definitive business combination agreement with Qell Acquisition Corp.("Qell"), a publicly listed special purpose acquisition company (Nasdaq: QELL).
  • The 7-Seater Lilium Jet and regional shuttle service business model are projected to deliver the best unit economics, with passenger and enterprise opportunities.
  • "We're incredibly excited to reveal the development of our 7-Seater Lilium Jet and announce the next stage of our growth.