Akihabara News (Tokyo) \u2014 Aerwins Technologies has become the first Japan-origin eVTOL firm to be listed on the Nasdaq Stock Market in New York.<\/p>\n
This listing was done via a merger with the special purpose acquisition company Pono Capital, a Hawaii-based firm.<\/p>\n
Trading on the Nasdaq Global Market under the ticker symbol AWIN is expected to begin today.<\/p>\n
Aerwins Chairman and CEO Shuhei Komatsu commented, \u201cJapan was a manufacturing country for so many years. Precision is rooted and based in Japanese culture. We will continue to pursue the possibility of new mobility with the Japanese culture-centric mindset on our path to becoming a global company. I understand it is a big responsibility to talk about these ideals; I recognize that it is necessary to have the ability to deliver, so I will devote myself to this vision every day.\u201d<\/p>\n
Daisuke Katano, who is CEO of Aerwins\u2019 subsidiary in Japan, A.L.I. Technologies, added, \u201cMy dream in life is to create a company that will take the world by storm with the power of technology originating in Japan. With this listing in the United States, I believe that we have finally reached the starting point of our global expansion.\u201d<\/p>\n
The company\u2019s most prominent product is the XTurismo Special Edition hoverbike, which is already being sold and delivered to customers.<\/p>\n
It\u2019s lower profile offering is its air mobility platform C.O.S.M.O.S. (Centralized Operating System for Managing Open Sky).<\/p>\n
After listing, the value of the company is expected to be put at about US$600 million.<\/p>\n
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Akihabara News (Tokyo) \u2014 Aerwins Technologies has become the first Japan-origin eVTOL firm to be listed on the Nasdaq Stock Market in New York. This listing was done via a merger with the special purpose acquisition company Pono Capital, a … Continue reading
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\nSource: Akihabara News – Aerwins Listed on Nasdaq<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"