Asia Tech Wire (May 20) -- Chinese autonomous aerial vehicle (AAV) technology company EHang Holdings Limited (Nasdaq: EH) reported it delivered 26 units of EH216 series products in the first quarter of this year.

EHang released earnings results for the first quarter of 2024 on Monday, showing that the company realized total revenues of 61.7 million yuan ($8.5 million) for the quarter, up 178.0% year-on-year.

The company said it achieved positive cash flow from operations, marking the second consecutive quarter of positive operating cash flow.

Sales and deliveries of EH216 series products were 26 units, more than doubling 11 units in the first quarter of 2023, and compared with 23 units in the fourth quarter of 2023, the company said.

According to EHang, the EH216 series products include EH216-S, the standard model for passenger transportation, EH216-F model for aerial firefighting, and EH216-L model for aerial logistics.