Tag: Archer Aviation

Archer and Falcon Aviation to jointly develop vertiport network In Dubai and Abu Dhabi

Archer Aviation Inc. announced today that Falcon Aviation has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi. This collaboration marks a significant step towards launching Archer's Midnight flying car with Falcon Aviation in the UAE and acros...

Archer Aviation and NASA sign space act agreement

Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed a Space Act Agreement with the National Aeronautics and Space Administration (NASA). The collaboration will kick off with an initial project focused on studying high-performance...

Archer Unveils its Production Aircraft, Midnight™

Midnight is the evolution of Archer’s demonstrator electric vertical take off and landing (eVTOL) aircraft, Maker, which has validated its proprietary 12 tilt 6 configuration and key enabling technologies. ● Midnight is designed to be safe, sustainable, quiet and carry four passengers plus a pi...

Archer Aviation Selects Site in Georgia Adjacent to the Covington Municipal Airport for its Manufacturing Facility

Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans to locate its manufacturing facility in Covington, Georgia at a site adjacent to the Covington Municipal Airport. Archer plans to initially build out a 350,000 square-foot facility on a...

Archer Aviation announces first quarter 2022 results

Archer Aviation Inc. today announced operating and financial results for the first quarter ended March 31, 2022. The Company has issued a shareholder letter discussing its first quarter 2022 operating and financial results, as well as its outlook. The shareholder letter may be accessed on the Com...

Archer Aviation announces leadership transition; appoints Adam Goldstein sole CEO

Archer Aviation Inc. today announced that Adam Goldstein has been named sole CEO, as the company prepares for its next phase of growth in the fast-developing urban air mobility market. Brett Adcock, Archer’s co-founder and former co-CEO, will remain on the Company’s Board of Directors. The...

Archer assembles best-in-class flight control and software team

Archer Aviation Inc., a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, has constructed a best-in-class Flight Control and Software team as the company ramps up to its first flight later this year recently appointing Sergio Ferreira to lead the company’s fly-by-wire f...

Electric aircraft startup Archer says its enterprise value cut by $1bln

Reuters News Electric aircraft startup Archer's enterprise value has been cut by $1 billion to $1.7 billion as part of a revised deal, Archer and blank-check firm Atlas Crest Investment Corp said on Thursday. The move comes at a time of growing regulatory concerns over blank-check firms or sp...

Wisk Aero sues Archer Aviation for theft of trade secrets and patent infringement

Wisk Aero, the first Urban Air Mobility (UAM) company to design, build and fly an all-electric, self-flying air taxi in the U.S., has filed a lawsuit against Archer Aviation Inc. The lawsuit alleges that Archer's business is "built on intellectual property that is not its own" and brings claims...

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