Archer Aviation, headquartered in Palo Alto, California, is focused on pioneering in the field of advanced air mobility, using all-electric vertical takeoff and landing (eVTOL) aircraft, with a focus on transforming urban mobility. The flagship model, the Midnight, is a five-seat eVTOL production aircraft built to cover distances of up to 60 miles (nearly 100 km) at speeds of up to 150 mph (241 km/h). To achieve this, it utilizes modern battery technologies. The Midnight is not only noted for its speed and sustainability but also for its design - the aircraft boasts 12 electric propellers, a high main wing, a V-tail, and a tricycle fixed wheeled landing gear, thus promising its passengers enhanced safety and lesser noise compared to conventional helicopters.
Archer Aviation approaches the market with a strategic focus on dense urban sectors facing heavy traffic congestion. In the long-term, the company aims to cultivate a unique air taxi transportation network, based on the principles of affordability, safety, reduced maintenance, energy efficiency, noise reduction, and increased productivity through ride-sharing. Major investor and ex-CEO of Walmart eCommerce, Marc Lore, has invested in the company, allowing Archer to establish itself as a leader in the urban air mobility market.
Notably, Archer has taken significant strides in its operations. The company's technology demonstrator, Maker, took its first flight in December 2021. The company has partnered with companies like Fiat Chrysler Automotive for its design and engineering needs. Archer even announced plans to merge with Atlas Crest Investment Corp, in a deal expected to yield $1.1 billion USD in gross proceeds. United Airlines has also shown confidence in Archer's potential, placing a $1 billion USD order for Archer's eVTOL with an option to purchase an additional $500,000.00 USD worth of aircraft.
📷: ARCHER AVIATION