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Approval for fully autonomous, passenger-carrying air taxis
Ehang passenger-carrying air taxis
Randy Stueber
October 20, 2023
Welcome to another lunch with Artificial Intelligence
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AI Companies are trending up.
Appetizer AI and Robotics. is it time to invest?
1. Intuitive Surgical (ISRG):Sales Growth: The company's stock rating has improved due to rising sales growth, achieving a relative strength rating of 71, as reported by Investors.com
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2. Stryker (SYK): is a well-known medical technology company. They are primarily focused on designing, manufacturing, and marketing medical devices and equipment for a variety of medical specialties, including orthopedics, surgical, and neurotechnology. Stryker's products range from joint replacement systems to surgical instruments and equipment.
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3. Medtronic plc (MDT): Medtronic plc is a medical technology company specializing in the development and manufacturing of medical devices and equipment. For specific information about Medtronic, you may want to refer to financial news websites or the official website of the company to find up-to-date information on their stock performance, products, and other relevant details.
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4. Tesla inc. (TLSA) always waiting for news. Tesla is renowned for its electric cars, energy storage solutions, and solar products. The company is a pioneer in the electric vehicle industry and has played a significant role in popularizing EVs.
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for informational purposes not for investment advise. These companies are involved in the development and utilization of robotics in the healthcare sector, making them potentially attractive investments for those interested in this field. Always conduct thorough research and consider your investment goals before investing in any company
The next question to look at – when will actors be replaced by Ai? That will need to be discussed over your next lunch break
Main course:
China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis
EHang Holdings Ltd - ADR
18.37 USD−0.68 (3.57%)today
Closed: Oct 19, 7:52 PM EDT
China has given Ehang, a Guangzhou-based company, the first industry approval for fully autonomous, passenger-carrying air taxis. The approval, known as an airworthiness "type certificate," was issued by the Civil Aviation Administration of China (CAAC) on October 13, 2023.
Ehang's air taxi, the EH216-S AAV, is an electric vertical take-off and landing (eVTOL) aircraft that can carry two passengers. It is powered by eight propellers and has a range of up to 35 kilometers (22 miles). The EH216-S AAV is controlled by a fully autonomous flight system that uses sensors and cameras to navigate and avoid obstacles.
Ehang's air taxi approval is a significant milestone in the development of commercial eVTOL aircraft. It is the first time that a government regulator has certified a fully autonomous, passenger-carrying eVTOL aircraft for commercial operation.
Ehang has said that it plans to begin commercial operations of its air taxi in China in 2024. The company is also targeting other markets, including the United States, Europe, and Southeast Asia.
The approval of Ehang's air taxi is a sign that China is committed to being a leader in the development of autonomous aviation technology. The Chinese government has said that it wants to make China a global hub for commercial eVTOL operations by 2030.
The approval of Ehang's air taxi is also a positive sign for the future of urban transportation. eVTOL aircraft have the potential to revolutionize the way people move around cities. They can offer a faster, more efficient, and more environmentally friendly way to travel than traditional ground transportation.
source: CNBC
AI generated image of flying car.
Dessert ACHR Stock Alert: This Startup Is Gunning for Archer Aviation
5.12 USD+0.100 (1.99%)today
Closed: Oct 19, 7:59 PM EDT
Archer Aviation (NYSE: ACHR), one of the leading companies in the electric vertical takeoff and landing (eVTOL) industry, may face a new challenge from a rival startup. Beta Technologies, a Vermont-based company that also produces eVTOL vehicles, has recently opened a new production facility that could give it an edge over Archer and other competitors.
Archer Aviation is a California-based company that aims to revolutionize urban air mobility with its eVTOL aircraft, called Maker. The company plans to launch its air taxi service in Los Angeles and Miami by 2024, and has partnered with United Airlines (NASDAQ: UAL) to deliver up to 200 aircraft. Archer also has a forward purchase agreement with Stellantis (NYSE: STLA), the world’s fourth-largest automaker, which recently acquired a 15% stake in the company1 .
However, Archer is not the only player in the eVTOL market, which is expected to grow to $1.5 trillion by 20402 . Joby Aviation (NYSE: JOBY), another California-based company, has also partnered with United Airlines and plans to launch its air taxi service in 2024. Joby has a larger fleet of eVTOL aircraft than Archer, and has already received certification from the Federal Aviation Administration (FAA) for its vehicle design3 .
Disclaimer: None of the information here is financial advice. This newsletter is for informational purposes only and not to be used as investment advice or a solicitation to buy or sell any assets. Any and all financial decisions you make should be carefully researched on your own or discussed with a financial advisor.
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