Zhejiang expands future-industry pilot zones with six new innovation hubs
The six newly designated zones focus on hydrogen energy, flexible electronics, the low-altitude economy, aerospace equipment and biomanufacturing.
Tag: Low-altitude economy
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Zhejiang launches drone flight app to curb unauthorized flying
The rollout comes as authorities seek to curb unauthorized drone activity amid the rapid growth of the low-altitude economy.
eVTOL startup ZeroG bags $74M as Hefei bets on low altitude economy
To date, ZeroG has completed nine financing rounds, bringing its total publicly disclosed funding to approximately 1.2 billion yuan.
China’s first ultralight aircraft insurance policy targets safety gap
The deal marks the first time domestic insurers have offered an integrated insurance package tailored to the sector.
FlashEx expands into airborne logistics after Hangzhou equity deal
For FlashEx, the investment signals a shift from traditional ground-based courier operations toward a hybrid “ground-plus-air” delivery network built on its existing instant-delivery infrastructure.
Shaoxing weather radar maker Whole Sense heads to STAR Market review
Founded in 2014, the company was among the first domestic firms to receive a phased-array weather radar operating license from the China Meteorological Administration.
Shaoxing breaks ground on low-altitude economy R&D hub
The sector aims to reach an annual output of 8 billion yuan by 2027, with 30 takeoff and landing sites, 40 drone routes, and low-altitude flight hours climbing from 5,000 to 75,000 annually.
Blue Vector raises fresh funds to advance software-defined eVTOL ambitions
Its approach centers on a “software-defined aircraft” concept, drawing parallels with Tesla’s transformation of the automotive industry through software-centric design.