Archer
Archer develops electric vertical takeoff and landing (eVTOL) aircraft, with its flagship model, Midnight, designed for zero-emissions and rapid, short-distance flights.
Company Overview
Archer specializes in developing electric vertical takeoff and landing (eVTOL) aircraft. Headquartered in Santa Clara, California, Archer aims to revolutionize urban air mobility with its innovative aircraft, Midnight. The company is dedicated to achieving zero-emission operations and creating a sustainable future for aviation. Archer is also expanding its manufacturing capabilities with a new high-volume facility in Covington, Georgia.
Midnight eVTOL Aircraft
Archer's flagship product, the Midnight aircraft, is designed with 12 electric engines and six independent battery packs. Optimized for rapid back-to-back flights of approximately 10-50 miles, Midnight can be charged in just a few minutes between flights. The aircraft prioritizes safety with redundant systems to eliminate single points of failure, ensuring reliable and secure operations. Midnight embodies Archer's commitment to zero-emissions during aircraft operation.
Strategic Partnerships
Archer has entered into strategic partnerships with prominent companies such as United Airlines and Stellantis. United Airlines is a flagship customer, having signed a purchase agreement for up to $1.5 billion in aircraft sales. Additionally, recent investment rounds led by Stellantis, United, and ARK Invest have bolstered Archer’s financial standing with a $215 million capital infusion. These partnerships are pivotal in advancing Archer’s technological and commercial goals.
International Market Expansion
Archer is actively expanding its market footprint internationally, with the UAE and India announced as its first international launch markets. This strategic move aims to introduce eVTOL technology to global urban centers, promoting sustainable air mobility solutions across diverse geographies. Archer’s international expansion is expected to accelerate the adoption of zero-emission urban transportation globally.
Environmental Social Governance (ESG)
Archer places a strong emphasis on Environmental Social Governance (ESG). The company’s initiatives focus on achieving zero-emission operations and engaging with communities to promote sustainable practices. Archer’s commitment to ESG is demonstrated through its development of environmentally friendly technologies and efforts to engage in community outreach and education regarding the benefits of cleaner, greener urban air mobility solutions.