AINonline
• Charles Alcock
AINonline reports: Archer is stepping up efforts to complete type certification of its Midnight eVTOL aircraft as it reported steady liquidity despite high Q1 operating expenses.
In a strategic innovation, Ukrainian forces have adapted maritime drones to carry R-73 air-to-air missiles, enhancing their capability to engage Russian aerial targets effectively.
Archer Aviation and Joby Aviation ink deals with Abu Dhabi to boost the Emirate's air taxi infrastructure, targeting a 2025 launch for electric air taxi services.
In a series of strategic agreements with Abu Dhabi entities, Archer Aviation lays groundwork for its eVTOL air taxi operations in the UAE, aiming for a launch as early as next year. This includes plans for vertiport construction, in-country manufacturing, and operational training initiatives.
Archer Aviation, a San Jose-based public firm, is in the process of developing electric Vertical Take-Off and Landing (eVTOL) aircraft intended for intra-city air taxi services. The eVTOL aircraft allegedly boast a range of 100 miles at speeds topping 150 mph. Noteworthy, Archer has secured its first major corporate partnership with United Airlines, which has placed an order for 200 Archer electric aircraft.
Archer Aviation faces a challenging Q1 with a reported USD116m loss as it ramps up Midnight eVTOL's certification and testing, underlining the financial hurdles in advancing aerospace innovation.
With the completion of its battery pack manufacturing line, Archer Aviation is set to enhance its production capabilities at the San Jose Integrated Test Lab and Manufacturing Facilities.
In a strategic innovation, Ukrainian forces have adapted maritime drones to carry R-73 air-to-air missiles, enhancing their capability to engage Russian aerial targets effectively.
Archer Aviation and Joby Aviation ink deals with Abu Dhabi to boost the Emirate's air taxi infrastructure, targeting a 2025 launch for electric air taxi services.
In a series of strategic agreements with Abu Dhabi entities, Archer Aviation lays groundwork for its eVTOL air taxi operations in the UAE, aiming for a launch as early as next year. This includes plans for vertiport construction, in-country manufacturing, and operational training initiatives.
In partnership with Archer Aviation, InterGlobe plans to roll out a fleet of eVTOL aircraft by 2026, aiming to shrink the commute between Delhi and Gurugram to just seven minutes.
Boosting its preparation for commercial eVTOL aircraft launch, Archer Aviation has established a D.C. office and broadened its government relations team, including a former FAA chief among its strategic appointments.
While Honeywell steers clear of designing its own eVTOL aircraft, it robustly supports the AAM ecosystem by supplying essential components to almost every electric aircraft developer, from Archer Aviation to Volocopter, and maintains equity in three.
Archer Aviation, a key player in electric aircraft development, announced a significant C-suite reorganization, marking the departure of its Chief Legal Officer alongside a major transition for another veteran executive.
With plans to launch electric air-taxis in Abu Dhabi and Dubai, Archer Aviation gears up to directly challenge Joby Aviation in the rapidly evolving UAE urban air mobility sector.
Archer Aviation's leadership engages in an open discussion on the hurdles faced in certifying and introducing eVTOLs to the commercial sector.
Signaling a strategic international market entry, Joby Aviation Inc. is set to debut its air taxi service in Dubai, marking a precedence over its inception in the United States.
In a significant contest for market share, Archer Aviation challenges Joby Aviation's exclusive positioning in Dubai's emerging Advanced Air Mobility (AAM) sector.
In a strategic move affirming its optimism in the electric aircraft market, Stellantis N.V. has escalated its shareholding in Archer Aviation, purchasing approximately 8.3 million shares, a step resonating the automaker's sustained confidence.
In a significant move for urban air mobility, Archer Aviation has teamed up with Falcon Aviation to establish a vertiport infrastructure in Dubai and Abu Dhabi, setting the stage for eVTOL operations launch.
In the face of a substantial $458 million loss for fiscal year 2023, Archer Aviation advances toward the final certification phase of its Midnight eVTOL, targeting a 2025 commercial launch.
In an effort to reshape perceptions, Archer Aviation's CEO, Adam Goldstein, advocates for the revival of the term 'flying car', moving away from the industry-standard 'eVTOL'.
