United States

EHang begins trading on Nasdaq as it releases pricing of long anticipated IPO

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EHang Holdings has announced the pricing of its initial public offering (IPO) of 3,200,000 American Depositary Shares (“ADSs”). It will represent 6,400,000 Class A ordinary shares at a public offering price of $12.50 per ADS. In addition, EHang has granted the underwriters a 30-day option to purchase up to an additional 480,000 ADSs at the initial public offering price. The ADSs began trading on the Nasdaq Global Market yesterday, under the symbol “EH”. The offering is expected to close on December 16, subject to customary closing conditions. Morgan Stanley & Co. LLC, is acting as the sole bookrunner for the
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Citadel Defense used by US Government for counter-drone solutions at live events

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Citadel Defense has worked with three undisclosed U.S. Government agencies for six months to deploy counter drone technology that meets regulatory, safety, and critical infrastructure protection requirements.  Throughout the pilot program, Citadel's Titan technology has been successfully operated in real-world missions for CUAS protection at live events throughout the continental United States. The Titan counter drone solution uses artificial intelligence and machine learning to protect critical infrastructure, live events, and high value assets from nefarious or careless drone use. Commenting, CEO of Citadel Defense, said: “Our team has been impressed with the multi-agency collaboration that will safely integrate counter drone
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DJI joins FAA drone integration program

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DJI has joined the U.S. Department of Transportation’s (DOT) drone Integration Pilot Program (IPP) at Memphis International Airport. DJI joins several local participants involved in the Memphis program, including the City of Memphis, Memphis Fire Department, Memphis Police Department, Tennessee Department of Transportation Division of Aeronautics, FedEx, AirXOS, Measure, Avitas, and 901Drones. The drone integration program is using DJI drones to explore the safety and efficiency benefits of small unmanned aircraft system applications at the Memphis International Airport through FedEx aircraft inspections, delivery of FedEx aircraft parts in day and night operations, airport perimeter security, and support of various airport
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Dedrone expands reach with Securityhunter partnership

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Dedrone has partnered with Securityhunter to provide US government agencies access to Dedrone technology through the U.S. General Services Administration (GSA) Federal Supply Schedule. All US government agencies who purchase through GSA can now streamline their acquisition and deployment of the world's leading counter-sUAS platform. Dedrone and Securityhunter will provide essential tools for government agencies to assess their airspace activity, protect assets, and eliminate unauthorized sUAS-based threats. The Dedrone counter-drone technology platform includes a combination of software and hardware which detects, classifies, and mitigates sUAS threats.   Phil Pitsky, VP of US Federal Operations at Dedrone, said: “Small drones are an
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