AAV Leader EHang Reveals $23M Personal Positioning Led by South Korean Business Owner Lee Soo Guy
by DRONELIFE Personnel Author Ian M. Crosby
Self-governing aerial lorry (” AAV”) innovation platform leader EHang Holdings has actually revealed its entry into share membership contracts for an overall of US$ 23,000,000 personal positioning with a number of tactical financiers led by South Korean record manufacturer and SM Home entertainment creator Lee Soo Guy.
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EHang will get a deposit of 80% of the aggregate purchase cost for the proposed positioning from the financiers, with the deal anticipated to close in the 3rd quarter of 2023. In addition to the personal positioning, Mr. Lee Soo Guy will team up with EHang to advance the advancement of Urban Air Movement in Asian Pacific areas by using the strengths of both celebrations.
EHang will put the gross profits from the positioning towards working capital and basic business functions, permitting the velocity of tactical strategies for innovation improvement, company advancement and post-certification industrial operations. These improvements will make it possible for EHang to seal its position as a leader in the worldwide UAM market.
” I was impressed by Mr. Lee’s interest and enthusiasm towards ingenious innovations, future air movement, and our self-governing aerial lorries,” stated EHang Creator, Chairman and CEO Huazhi Hu. “We are enjoyed have long-lasting tactical financiers and partners, such as Mr. Lee, who share the very same worths and dedication in our journey. The positioning and collaboration are testimonies to the trust and belief in EHang’s vision and potential customers, moving the Business into our next stage of development.”
” I value EHang’s steadfast commitment to making it possible for safe, self-governing and environmentally friendly air movement for the public, as the very first mover and a leading innovator in the emerging UAM market with terrific prospective,” stated Lee Soo Guy. “I’m thrilled to welcome chances and add to its development through investing and teaming up with EHang as a long-lasting financier. I anticipate the merging of advanced transport innovations and pop culture to produce sustainable worth, and I’m happy to be part of it.”
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Ian participated in Dominican University of California, where he got a bachelor’s degree in English in 2019. With a long-lasting enthusiasm for composing and storytelling and an eager interest in innovation, he is now adding to DroneLife as a personnel author.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, an expert drone services market, and an amazed observer of the emerging drone market and the regulative environment for drones. Miriam has actually penned over 3,000 short articles concentrated on the industrial drone area and is a worldwide speaker and acknowledged figure in the market. Miriam has a degree from the University of Chicago and over twenty years of experience in high tech sales and marketing for brand-new innovations.
For drone market consulting or writing, Email Miriam
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