Archer Aviation is a start-up created five years ago with the aim of developing electric vertical take-off and landing aircraft (eVTOL), thanks to numerous investments (from companies such as United Airlines and the US Air Forceas well as strategic partnerships like the one with United States Department of Defense) he is approaching the take-off of his plane with big strides “Midnight”presented last December.
Added to this is the interest of other giants who are also part of it to sectors other than aeronautics: Such is the case with Stellantis, which — along with other major companies such as Boeing, United, and ARK Invest — wrote a check to that effect $215 million.
At this point, the overall funding exceed one billion dollarsLiquidity worthy of supporting Archer’s goals, which was also announced at the meeting with investors have received the Special Airworthiness Certificate from the Federal Aviation Administration Midnight eVOTL.
The plane was is considered airworthy and meets all FAA safety requirementsand then the testing phase can begin – Archer’s roadmap that he had identified 2025, the year in which commercial operations begin, is running smoothly and smoothly.
Adam Goldstein, Founder and CEO of Archer Aviation said:
“Over the past quarter, we have seen the U.S. government make a firm commitment that America will lead the way in the commercialization of eVTOL aircraft, that the FAA advance the timeline for eVTOL aircraft to be incorporated into the U.S. in 2025 and that mobility industry leaders, Stellantis, United Airlines and…Boeing have come together to invest in Archer’s future. The pace at which our industry is evolving is unprecedented. The hard work and dedication of our team has gotten us into this exciting time and we can’t wait to see Midnight fly.”