AERWINS Technologies (NASDAQ: AWIN) has announced  a successful test flight of their hoverbike, for the United Arab Emirates government in Dhabi.

The event, which took place from March 8 to 12, featured a closed environment for the flight demonstration and training of government agencies.

The successful flight performance demonstrates AERWINS' commitment to revolutionizing the air mobility industry with cutting-edge technology, designed for infrastructure-less transportation. As the company continues to explore new applications for its platform, it is poised to become a leader in the field.

AERWINS chairman and CEO, Shuhei Komatsu stated: “We would like to express our gratitude to all parties involved for the successful performance. Moving forward, we plan to offer a package consisting of XTURISMO and COSMOS*, a Drone and Air Mobility Control System, enabling full-scale social implementation.”

Sultan Lootah, the CEO of Vault Investments added: “The show went very well to demonstrate that the X Turismo is a good product, moving forward to a new generation of transportation.”

AERWINS will continue to innovate, unbound by existing ideas, to develop and deploy systems that are necessary for the realization of an air mobility society.

Shares of AERWINS Technologies trade on the NASDAQ under the ticker symbol AWIN.