As more and more companies leap (pun intended) into the flying taxi race, a Chinese company that first made headlines three years ago could be the first to go public with an initial public offering. The company is Ehang, a drone manufacturer that used the 2016 Consumer Electronics Show in Las Vegas to present an autonomous drone big enough to carry a passenger. Now, Ehang could be on the verge of going public. As first noted by Forbes, Ehang filed IPO paperwork with the Securities and Exchange Commission on October 31 for an offering of $100 million in American depository shares to be listed...
China’s Ehang unveils autonomous passenger drone
Small, remote-controlled drones, usually with cameras mounted to them, have become a popular gadget for tech buffs, but a company from China took the concept of a personal drone to a whole new level at this week’s Consumer Electroncs Show. That company is drone-maker Ehang, which showed off...Viknesh Vijayenthiran