EHang Holdings Limited (NASDAQ:EH) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 20, EHang Holdings Limited (NASDAQ:EH) announced entering into a strategic partnership with the Management Committee of Jingyue High-tech Industrial Development Zone.
Under this partnership both the parties will collaborate to develop a provincial-level demonstration zone focused on low-altitude economic development. The focus of this zone would be on Industrial development, technological innovation, and real-world application of eVOLTs. Under the agreement, the platform company Jilin Aerospace Industry Development Investment Co., Ltd. has also agreed to place an order of 41 units of EHang’s EH216-S pilotless eVTOLs.
A modern commercial jet airliner decorated with the company logo in flight against a clear blue sky.
EHang Holdings Limited (NASDAQ:EH) is an aerospace technology company that deals in unmanned aerial vehicle systems and solutions. The company operates through three main businesses including air mobility solutions, smart city management solutions, environmental monitoring; and aerial media solutions.
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