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EHang Holdings (EH) has filed to raise gross proceeds of $100 million from a U.S. IPO, according to an F-1/A registration statement.
The firm is developing autonomous aerial vehicle technology (drone) products and services.
EH is very early in its commercialization efforts and faces large competitors in the nascent AAV space.
Company & Technology
Guangzhou, China-based EHang was founded in 2017 to design, develop, manufacture, sell and operate autonomous aerial vehicles (AAVs) to provide passenger transportation, logistics, smart city management and aerial media solutions.