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Hanhe Aviation's automatic production line succeeds with 1st unmanned helicopter
(chinadaily.com.cn)
Updated: 2017-11-27
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The guests visite Hanhe's automatic production line to learn more about the aviation products.[Photo/js.xinhuanet.com] |
In 2016, Hanhe participated in three national key research projects and won the first prize of Jiangsu S&T Progress award for agricultural machinery. In 2017, it reached cooperation with Wuxi High-tech district on building a research and manufacturing base for Hanhe Aviation unmanned helicopters. The district will offer favorable policies, relevant guide and service and suitable environment for industrial development.
The infrastructures of the base have been finished and Hanhe's first self-designed automatic production line has begun its trial production. In June this year, DEA General Aviation, a manufacturer of coaxial helicopters, UAS, and aero engines, signed an agreement with Hanhe and announced on July 3 that investments in Hanhe increased by over 95 million yuan ($14.38 million), bringing Hanhe’s pre-money valuation to 700 million yuan.
The former Wuxi New District, now known as Wuxi Xinwu district or Wuxi National Hi-tech district, was founded in 1992 and underwent administrative changes in 1995, 2002 and 2005.
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