Archer

TRANSITION FLIGHT | Midnight has completed transition flight at a speed of 100+ MPH – taking off vertically, accelerating until it transitions from thrust-borne to wing-borne flight, cruising on the wing and then landing again vertically. Here are the key highlights from this milestone: ?? At ~6,500 lbs, Midnight is believed to be one of the largest eVTOL aircraft to complete transition, which is critical to being able to carry commercially viable passenger payloads 2?? Archer has now achieved transition with two different full-scale eVTOL aircraft which is well known in the industry as a very difficult milestone few companies have reached ?? Midnight’s flight test program will now continue its progress with plans to fly simulated commercial routes to demonstrate the aircraft’s operational readiness, executing high-rate flight operations, testing additional flight maneuvers that will be used in commercial settings along with continuing to expand its speed and endurance flight envelope Watch the full, uncut video of the flight here: https://lnkd.in/gUVWu2QQ Learn more here: https://lnkd.in/g7PjbkHQ

Adam Goldstein joined CNN's First Move late last week to discuss the powered-lift SFAR, our new agreement with Japan Airlines/Sumitomo & more.

COMMERCIALIZATION UPDATE | Our commercialization strategy is focused on markets where we can deploy hundreds of aircraft over time, backed by strong, top-down government support and the regulatory commitment required to make this vision a reality. Right now, we're seeing this potential in the U.S. and in key countries across the Middle East and Asia. In these priority markets, we’re set to begin deployment as soon as next year. Our goal is to gain real-world operational insights from the outset with a three-step plan that puts Midnight into action. Step 1: Execute piloted demonstration flights in-market. Step 2: Fly piloted market survey trips with Midnight carrying passengers on our first air taxi routes. Step 3: Following certification, launch in-market commercial operations. We believe this pre-certification early deployment approach will help us build the operational expertise we need to develop each market and help ensure we’re able to safely scale alongside the communities we serve as demand grows. https://lnkd.in/gKCPziUz

BUILDING PRODUCTION AIRCRAFT | We're focused on building and testing our piloted “type-design” aircraft. This is the aircraft we're working to certify and ramp into early production next year, it’s not merely a developmental prototype like others in our industry continue to build. These aircraft will only be capable of being flown with a pilot onboard as they are using the hardware and software that we are working to certify. With the type-design now matured, it’s ideal timing to bring up our factory in GA. Our plan is to start building aircraft in that facility early next year, with the initial units planned to be used for piloted demonstration and market survey flights with passengers next year. We already have parts on order for the aircraft we plan to produce in 2025, and our goal is to exit 2025 at a production rate of 2 aircraft per month in Georgia with the plan to ramp beyond that in 2026. https://lnkd.in/gKCPziUz

Dr. Talib Alhinai joins the Archer team this month to spearhead our efforts in the UAE, with in-country electric air taxi services planned for as early as next year. Dr. Alhanai joins us from the Abu Dhabi Executive Office & has years of experience working with UAE’s UAE General Civil Aviation Authority (GCAA). https://lnkd.in/gu-Q6anH

Celebrating our heroes today ???? Thank you to the Veterans at Archer and across the country for all you have done to serve our great nation and protect our freedoms. Happy Veteran's Day!

Another great quarter in the books at Archer—super proud of the team's progress. A few key highlights below.

We just announced our Q3’24 results, here are the key highlights: ??Building Production Aircraft | With our high-volume manufacturing facility set for completion in the coming weeks, our focus going into 2025 is on building piloted, type-design aircraft for use in testing and early commercial deployment. We plan to load in manufacturing equipment over the coming months so that production can begin at this facility in early 2025 with the goal to ramp to a rate of two aircraft per month by the end of the year. ?? Commercial Launch | This quarter we established a consortium led by the Abu Dhabi Investment Office to launch commercial air taxi services in the UAE as early as Q4’25. The consortium has made significant progress in establishing the regulatory pathway, infrastructure and flight operations plans necessary to enable our market entry. ?? Certification Momentum | Since the Federal Aviation Administration finalized Midnight’s airworthiness criteria in May, we are now nearing completion of Phase 3 of the FAA’s type certification process while continuing to rapidly advance Phase 4, the final phase to secure type certification ????Japan Market Entry | In September, we entered into an agreement with Japan Airlines and Sumitomo Corporation’s joint venture, Soracle, that includes a planned purchase of up to $500M of aircraft with the goal of bringing air taxi service to some of the most congested cities in Japan. Read our shareholder letter: https://lnkd.in/gc4JdK6e

???? Midnight in Japan We've reached an agreement with Japan Airlines’ and Sumitomo Corporation’s joint venture company, Soracle, for the intended purchase of up to $500M of electric aircraft. https://lnkd.in/gGx-6gJY

POV: You’re Scott Manley taking the Midnight flight simulator for a spin...