Robo.ai Announces Joint Venture with Ewatt Aerospace to Establish Dubai eVTOL Company "RoVTOL"
Robo.ai (NASDAQ: AIIO) and Ewatt Aerospace have announced the formation of RoVTOL, a joint venture in Dubai focused on electric vertical take-off and landing (eVTOL) aircraft deployment. Benjamin Zhai, Robo.ai's CEO, will serve as RoVTOL's Chairman, while Steven Wang from Ewatt Aerospace will be CEO.
The venture combines Robo.ai's Middle East market access and global development capabilities with Ewatt's exclusive eVTOL technology licensing. RoVTOL will focus on global sales of various eVTOL models including ET1, ET2, ET3, and ET9, with plans to establish an assembly facility in UAE. The product lineup ranges from single-seat light aircraft to the flagship ET9 Electric Passenger Aircraft, capable of carrying five people for urban air mobility applications.
Robo.ai (NASDAQ: AIIO) ed Ewatt Aerospace hanno annunciato la creazione di RoVTOL, una joint venture con sede a Dubai dedicata all'implementazione di velivoli eVTOL (decollo e atterraggio verticale elettrico). Benjamin Zhai, CEO di Robo.ai, assumerà il ruolo di Presidente di RoVTOL, mentre Steven Wang di Ewatt Aerospace sarà l'Amministratore Delegato.
La società unisce l'accesso di Robo.ai al mercato mediorientale e le sue capacità di sviluppo globale con la licenza esclusiva della tecnologia eVTOL di Ewatt. RoVTOL si concentrerà sulla vendita mondiale di diversi modelli eVTOL, tra cui ET1, ET2, ET3 e ET9, e prevede di realizzare un impianto di assemblaggio negli Emirati Arabi Uniti. L'offerta va da velivoli leggeri monoposto fino al modello di punta, il ET9 Electric Passenger Aircraft, progettato per trasportare cinque persone nelle applicazioni di mobilità aerea urbana.
Robo.ai (NASDAQ: AIIO) y Ewatt Aerospace han anunciado la creación de RoVTOL, una joint venture con sede en Dubái centrada en el despliegue de aeronaves eVTOL (despegue y aterrizaje vertical eléctrico). Benjamin Zhai, CEO de Robo.ai, será el presidente de RoVTOL, mientras que Steven Wang de Ewatt Aerospace ocupará el cargo de CEO.
La empresa combina el acceso de Robo.ai al mercado de Oriente Medio y sus capacidades de desarrollo global con la licencia exclusiva de la tecnología eVTOL de Ewatt. RoVTOL se enfocará en la venta global de varios modelos eVTOL, incluidos ET1, ET2, ET3 y ET9, y planea establecer una planta de ensamblaje en los Emiratos Árabes Unidos. La gama de productos abarca desde aeronaves ligeras monopuesto hasta el buque insignia, el ET9 Electric Passenger Aircraft, capaz de transportar cinco personas para aplicaciones de movilidad aérea urbana.
Robo.ai (NASDAQ: AIIO)와 Ewatt Aerospace가 전기 수직 이착륙(eVTOL) 항공기 도입을 목적으로 두바이에 RoVTOL 합작법인을 설립했다고 발표했습니다. Robo.ai의 CEO 벤자민 자이(Benjamin Zhai)가 RoVTOL의 회장을 맡고, Ewatt Aerospace의 스티븐 왕(Steven Wang)이 CEO를 맡습니다.
이번 합작은 Robo.ai의 중동 시장 접근성과 글로벌 개발 역량을 Ewatt의 독점 eVTOL 기술 라이선스와 결합합니다. RoVTOL은 ET1, ET2, ET3, ET9을 포함한 다양한 eVTOL 모델의 글로벌 판매에 주력하고 UAE에 조립 시설을 설립할 계획입니다. 제품군은 단좌 경비행기부터 도시 항공 모빌리티용으로 5명을 수송할 수 있는 주력 모델인 ET9 Electric Passenger Aircraft까지 다양합니다.
Robo.ai (NASDAQ: AIIO) et Ewatt Aerospace ont annoncé la création de RoVTOL, une coentreprise basée à Dubaï dédiée au déploiement d'aéronefs eVTOL (décollage et atterrissage verticaux électriques). Benjamin Zhai, PDG de Robo.ai, sera président de RoVTOL, tandis que Steven Wang d'Ewatt Aerospace en sera le directeur général.
La coentreprise associe l'accès de Robo.ai au marché du Moyen-Orient et ses capacités de développement mondial à la licence exclusive de la technologie eVTOL d'Ewatt. RoVTOL se concentrera sur la commercialisation mondiale de plusieurs modèles eVTOL, notamment ET1, ET2, ET3 et ET9, et prévoit d'implanter une usine d'assemblage aux Émirats arabes unis. La gamme va de l'appareil léger monoplace au modèle phare, le ET9 Electric Passenger Aircraft, capable de transporter cinq personnes pour des applications de mobilité aérienne urbaine.
Robo.ai (NASDAQ: AIIO) und Ewatt Aerospace haben die Gründung von RoVTOL angekündigt, einem Joint Venture in Dubai, das sich auf den Einsatz von elektrischen Senkrechtstartern und -landern (eVTOL) konzentriert. Benjamin Zhai, CEO von Robo.ai, wird den Vorsitz von RoVTOL übernehmen, während Steven Wang von Ewatt Aerospace als CEO fungieren wird.
Das Joint Venture verbindet Robo.ais Marktzugang im Nahen Osten und globale Entwicklungskapazitäten mit Ewatts exklusiver eVTOL-Technologielizenz. RoVTOL wird sich auf den weltweiten Vertrieb verschiedener eVTOL-Modelle, darunter ET1, ET2, ET3 und ET9, konzentrieren und plant den Aufbau einer Montageanlage in den Vereinigten Arabischen Emiraten. Das Produktportfolio reicht von einsitzigen Leichtflugzeugen bis hin zum Flaggschiff, dem ET9 Electric Passenger Aircraft, das für urbane Luftmobilität fünf Personen transportieren kann.
- Exclusive licensing rights for Ewatt's eVTOL technology in overseas markets
- Plans for local UAE assembly facility to enable rapid production and delivery
- Diverse product portfolio covering multiple market segments
- Strategic entry into the growing UAE and Middle East markets
- Complementary partnership leveraging both companies' core strengths
- High capital investment required for assembly facility setup
- Complex regulatory approval process needed for multiple markets
- Potential competition from established aerospace manufacturers
- Technology implementation and adaptation risks for different regions
Insights
Robo.ai's joint venture with Ewatt creates a potentially significant eVTOL market entry, though commercial timeline remains undefined.
Robo.ai's formation of the RoVTOL joint venture with Ewatt Aerospace represents a strategic pivot into the emerging electric vertical takeoff and landing (eVTOL) aircraft market. The partnership structure leverages complementary strengths: Ewatt provides the core technology and product licensing for multiple eVTOL models, while Robo.ai contributes market access and regulatory expertise in the Middle East.
The venture's product portfolio is comprehensive, spanning from the single-seat ET1 to the flagship ET9 passenger aircraft capable of carrying five people. This diversified approach targets multiple market segments simultaneously, including security applications, agricultural monitoring, power line inspection, and urban air mobility. The inclusion of both pure electric models and hydrogen-lithium hybrid versions shows technological flexibility to address range limitations that typically constrain eVTOL operations.
Particularly noteworthy is the planned establishment of an assembly facility in the UAE, which would enable localized production and potentially accelerate market penetration in the region. This local manufacturing capability could prove valuable in navigating regulatory frameworks and securing government contracts in the Middle East.
However, the announcement lacks concrete details on several critical aspects: investment amounts, ownership percentages between partners, projected production volumes, market entry timelines, and certification status of the various aircraft models. The commercial readiness of these technologies remains unclear, as does the timeline for generating meaningful revenue from this venture. While the joint venture itself is significant, the path to commercialization and profitability for these eVTOL products will require navigating complex regulatory environments globally.
Deep Synergy of Resources and Technology to Build a Global Competitive Edge in eVTOL
This joint venture represents a precise integration of both parties' core strengths:
Robo.ai will contribute local capabilities, support for regulatory approval and market access in the
Ewatt Aerospace grants Robo.ai exclusive licensing rights for its eVTOL technology and products overseas, while providing concurrent technical support and personnel training to ensure the technological leadership of the joint venture's core products.
Following its establishment, RoVTOL will focus on three core business areas to fully unlock market potential:
RoVTOL will engage in global sales of eVTOL aircraft, initially focusing on advanced models such as the ET1, ET2, ET3, and ET9, catering to diverse scenario requirements. Plans are also underway to establish an advanced eVTOL assembly facility in the
The future product lineup of the joint venture expects to include:
ET1 (including single-seat light and high-mobility variants): Features intelligent fully autonomous control (auto takeoff/landing, route navigation, return-to-home) with the ability to switch freely to manual mode. Suitable for rapid deployment in multiple scenarios such as security, event tracking, and efficient emergency response.
ET2 two-seat light model: Combines intelligent control with high payload capacity, supports automatic/manual dual-mode switching and precise ultra-low altitude operations. Efficiently executes tasks such as low-altitude tourism, agricultural/forestry/pastoral patrols, and emergency rescue.
ET3-e Pure Electric Version: Utilizes all-electric power for ultra-long endurance. Boasts an IP54 protection rating and all-weather capability. Applicable for surveying, monitoring, and public safety sectors, supporting vertical takeoff/landing and automated flight patrols.
ET3-h Hydrogen-Lithium Hybrid Version: Integrates clean and efficient energy sources, offers strong adaptability for high-frequency takeoffs/landings, and features ultra-long endurance. A full composite material design ensures low maintenance costs. Adaptable for multi-scenario applications like power line inspection and border monitoring.
ET9 Electric Passenger Aircraft: As the flagship model, it leverages an all-electric powertrain and technologically advanced safety design to provide point-to-point mobility solutions. Designed for high-frequency use and high airspeed, it supports a payload of five people (four seats). Suitable for urban air mobility (UAM), emergency rescue, and specialty tourism. Combined with an intelligent, user-friendly passenger cabin interface, it delivers a comfortable and convenient 3D mobility experience.
Derivative models based on the ET9 platform (e.g., ET9C cargo version) feature unmanned operation, large payload capacity, and long endurance, suitable for material delivery and 3D logistics networks.
Benjamin Zhai, CEO of Robo.ai and Chairman of RoVTOL, stated: "The establishment of RoVTOL is a significant milestone in Robo.ai's transformation and upgrading. Leveraging the technical strength of the ET series and the global sales network, we are confident in establishing RoVTOL as a key player in the global eVTOL market. Simultaneously, we will promote the synergistic implementation of 'Smart Mobility, Smart Devices, and Smart Contracts,' contributing to
Ren Wenguang, Chairman of Ewatt Aerospace, noted: "Ewatt's accumulated expertise in the eVTOL field is highly complementary to Robo.ai's global resources. Together, we will accelerate the transformation of technological achievements into market competitiveness. We look forward to partnering with Robo.ai to bring eVTOL technology to the world through RoVTOL and jointly build a new ecosystem for smart low-altitude mobility."
About Ewatt (
Ewatt Aerospace focuses on the R&D and manufacturing of manned eVTOL (electric vertical take-off and landing) aircraft, dedicated to future air mobility solutions. As a leading eVTOL R&D and manufacturing enterprise in
About Robo.ai Inc.
Robo.ai Inc. (Nasdaq: AIIO) is a technology company dedicated to building a globally leading AI robotics network platform. Our mission is to pioneer an intelligent future by integrating smart devices, constructing a unified AI operating system, and a blockchain-enabled ecosystem. We aim to transform the company into a decentralized AI platform that connects all AI endpoints, empowers users worldwide, and ushers in a new era of the AIoT (Artificial Intelligence of Things).
*This press release contains "forward-looking statements" as defined in the
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FAQ
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