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Asia-Pacific AAM Report 1H 2023

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OEM OVERVIEW<br />

MILESTONES<br />

Mar<br />

Founded<br />

2021 2022 <strong>2023</strong><br />

ZG-ONE: Officially released<br />

May<br />

CERTIFICATION PROGRESS<br />

DATE AGENCY STAGE<br />

Estimated: beginning of 2024 Civil Aviation Administration of China ZG-ONE expected to obtain airworthiness certification<br />

Estimated: beginning of 2025 Civil Aviation Administration of China ZG-VC2 expected to obtain airworthiness certification<br />

Estimated: beginning of 2026 Civil Aviation Administration of China ZG-T6 expected to obtain airworthiness certification<br />

FUNDING<br />

DATE ROUND AMOUNT INVESTORS<br />

2021 Seed Unspecified Bluerun Ventures<br />

2022 Angel Unspecified Lenovo Capital QF CAPITAL Hefang Capital<br />

<strong>2023</strong> Pre-A Unspecified Nanjing Communication Engineering (NJCE)<br />

ORDERS<br />

Order information for ZG-ONE, ZG-VC2 and ZG-T6 is not available<br />

GLOBAL PARTNERSHIPS<br />

Sep 1, 2022<br />

Dec 16, 2022<br />

Dec 16, 2022<br />

Signed a proposal for converting various aircraft into UAV with Hunan Xianglong General Aviation Co, to<br />

advance the development, certification and investigate real world scenarios<br />

Signed a strategic cooperation agreement with Yellow River General Aviation and Yangtze River General<br />

Aviation to jointly deploy low-altitude tourism<br />

Signed a strategic cooperation agreement with CETC Wuhu Diamond Aircraft Manufacture Co., Ltd. to<br />

cooperate in the R&D and production of eVTOL aircraft and convert traditional fixed-wing aircraft to VTOL<br />

Information was provided by ZEROG in Chinese and translated by Global Sky Media with an information cut off date of March 31, <strong>2023</strong>.<br />

<strong>1H</strong> <strong>2023</strong> ASIA-PACIFIC <strong>AAM</strong> REPORT | 45

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