EHang Holdings (EH) said Monday it has received an experimental flight authorization certificate from Brazil's National Civil Aviation Agency for its EH216-S pilotless electric vertical take-off and landing aircraft system.
The company and its local partner and operator Gohobby plan to conduct test and trial flights for the aircraft in Brazil, EHang added.
Shares of the company fell 2.4% in recent Monday trading.
Price: 11.86, Change: -0.29, Percent Change: -2.39
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.