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AERWINS Technologies Inc. (AWIN) Surged in the Pre-Market Session Today

By Hasnain Khan
Published On October 2, 2023 9:40 AM UTC
AERWINS Technologies Inc. (AWIN) Surged in the Pre-Market Session Today

AERWINS is a key player in the air mobility industry. The company in recent months made significant strategic moves that have attracted attention in the US stocks market.

In the Pre-market trading session, AERWINS Technologies Inc. (AWIN) made significant moves, with its stock price surging to $0.18, reflecting an impressive change of 49.01%.

The trading volume was notably robust, with 16,149,000 shares changing hands. The stock has reached a 52-week high of $18 and a 52-week low of $0.10.

Most Recent Highlights

On July 17, 2023 — AERWINS Technologies Inc. (NASDAQ: AWIN) made a significant announcement, introducing XTURISMO™, a groundbreaking leap in personal transportation.

Revolutionary Hovercraft Technology

AERWINS has achieved a major technological milestone by successfully developing the innovation that powers XTURISMO™.

This revolutionary hovercraft is poised for a market debut later this year, following essential approvals from the Japan Civil Aviation Bureau (JCAB), Japan’s equivalent to the U.S. Federal Aviation Administration (FAA).

Seamless Fusion of Practicality and Thrill

XTURISMO™ stands out with its unique, patent-protected design, seamlessly blending the practicality of electric cars with the thrill of airborne travel. It offers a holistic solution for the modern electric vehicle (EV) landscape.

A Paradigm Shift in EV Technology

AERWINS Technologies Inc.’s cutting-edge innovations are poised to reshape the EV landscape, with influential players in the automotive manufacturing sector increasingly embracing these advancements in both new and existing vehicle models.

Before that on May 26, 2023 — AERWINS Technologies Inc. announced the appointment of two accomplished individuals, Katie Field and Pavan Gill, as independent directors of the Company, effective May 22, 2023.

Katie Field: A Visionary Leader with a Wealth of Experience

Katie Field, renowned for her distinguished career in both the private and public sectors, brings a wealth of experience and leadership acumen in strategy consulting to her new role.

Her impressive professional journey has included pivotal positions at esteemed institutions such as The White House, where she served in the office of public liaison, and The Brookings Institution, where she demonstrated her prowess in managing operations.

Pavan Gill: A Seasoned Engineer Driving Innovation

In another strategic move, AERWINS has welcomed Pavan Gill, an accomplished engineer with extensive experience in civil construction, environmental management, and the implementation of cutting-edge products.

Mr. Gill has successfully managed numerous high-value projects in his career, demonstrating exceptional project management skills and a consistent record of achieving outstanding results.

Conclusion

AERWINS Technologies Inc.’s strategic moves such as exploring alternatives for non-core operations and achieving a public listing milestone, the company is well-positioned for continued growth.

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