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Articles for tag eVTOL


Oct
23
2024

Lilium, GE Aerospace partner to deliver eVTOL flight safety

Posted by Admin

Las Vegas, NV – Wednesday, October 23, 2024 -- With eVTOLs on the cusp of taking off commercially in the coming years, GE Aerospace is partnering with Lilium, a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), to build a solid safety foundation for this exciting new mode of travel. The two companies are bringing together their respective flight data and analytics platforms to build scalable flight data management solutions that inform the right safety standards and guidelines for eVTOL operators. 

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Tags: eVTOL GE Aerospace Lilium
Categories: Press Releases


Aug
28
2024

Vertical Flight Society Announces 
8th Advanced Air Mobility Infrastructure Workshop

Posted by Admin

Fairfax, Virginia, USA, Aug. 28, 2024 — On Sept. 17-18, 2024, the Vertical Flight Society (VFS) is hosting its 8th Workshop on Advanced Air Mobility (AAM) Infrastructure at the US Navy Memorial Visitor Center in downtown Washington, DC. The workshop is focused on understanding and developing infrastructure to support electric vertical takeoff and landing (eVTOL) aircraft, and is being held in support of the efforts by the US Federal Aviation Administration (FAA) and industry to develop eVTOL vertiports. 

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Tags: AAM Advanced Air Mobility eVTOL US Navy Vertical Flight Society
Categories: Press Releases


Aug
14
2024

Future Flight Global Announces Planned Purchase of up to 116 Archer Midnight Aircraft Worth up to $580M

Posted by Admin

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc. and Future Flight Global (FFG) today announced an agreement focused on the deployment of electric vertical take off and landing aircraft (eVTOL) services across top global markets.

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Tags: Archer Aviation eVTOL Future Flight Global
Categories: Press Releases


Jul
17
2024

California’s Alternative Energy And Advanced Transportation Financing Authority Grants Archer Industry Leading Award For Ramp Of Its Electric Powertrain Facility

Posted by Admin

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, announced today that on Tuesday, July 16, 2024 it received approval from CAEATFA for its ~$117M project covering the planned expansion of its advanced manufacturing facilities in the State of California, including the ramp of its advanced electric powertrain facility as it readies for commercialization. The CAEATFA sales and use tax exclusion is expected to result in ~$10M in benefit to Archer over the next few years.

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Tags: Archer eVTOL
Categories: Press Releases


Jul
03
2024

Stellantis Invests Additional $55 Million In Archer Following Recent Flight Test Milestone

Posted by Admin

AMSTERDAM and SANTA CLARA, CA, July 2, 2024 – Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) and Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced Archer has received an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of its transition flight test milestone last month. 

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Tags: Archer eVTOL Stellantis
Categories: Press Releases


Jun
20
2024

Archer Announces Planned San Francisco Air Mobility Network Connecting Five Locations Across the Bay Area

Posted by Admin

SANTA CLARA, Calif.--(BUSINESS WIRE)-- (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans for an air mobility network that will connect five strategic locations across the San Francisco Bay Area - South San Francisco, Napa, San Jose, Oakland, and Livermore. Archer’s network is anticipated to provide unprecedented connectivity to communities around the region, allowing people to replace one-to-two-hour drives to cities around the bay with flights that take ~10-20 minutes. To anchor the network, Kilroy Realty Corporation (NYSE: KRC, “Kilroy”), a leading U.S. landlord and developer with an 18 million square foot operating and development portfolio, recently signed a memorandum of understanding (MOU) with Archer identifying Kilroy Oyster Point – a 50-acre waterfront campus in South San Francisco – as a critical hub in Archer’s planned San Francisco Bay Area UAM network.

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Tags: Archer Bay Area eVTOL LIVERMORE Napa Oakland San Francisco
Categories: Press Releases


Jun
18
2024

Archer Announces Landmark Infrastructure Deal With Signature Aviation; Gains Access to Largest Network of Private Aviation Terminals in the World

Posted by Admin

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Signature Aviation, the world's largest network of private aviation terminals, today announced the signing of an MOU focused on electrifying Signature’s industry-leading network of over 200 airport terminals, giving Archer access to takeoff and landing sites in major metropolitan areas across the U.S. and globally, including New York, Los Angeles, San Francisco Bay Area, and Texas. The MOU identifies day-one opportunities for launching Archer’s air taxi service in key United Airlines hubs at Newark International (EWR) and Chicago O’Hare (ORD) Airports.

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Tags: Archer Aviation eVTOL
Categories: Press Releases


Jun
05
2024

Archer Receives FAA Certification to Begin Operating Commercial Airline

Posted by Admin

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced its subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA). This certificate allows Archer to begin operating aircraft commercially to refine its systems and procedures in advance of launching Midnight into service for airlines like United Airlines when it receives Midnight’s Type Certification. Receiving the Part 135 certificate signals that Archer Air has developed, and demonstrated to the FAA its adherence to, the necessary policies and procedures to begin operating aircraft commercially in accordance with the stringent safety and operational standards set forth by the FAA. Today’s achievement is another key step that demonstrates Archer’s work with the FAA continues to gain momentum as Archer is now one of two air taxi manufacturers in the world to have announced receipt of a Part 135 certificate from the FAA.

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Tags: Archer Aviation eVTOL
Categories: Press Releases


May
30
2024

KakaoMobility Selects Archer Aviation As Its eVTOL Partner And Will Fund Archer’s Korean Commercialization Efforts

Posted by Admin

SEOUL, South Korea--(BUSINESS WIRE)-- Archer Aviation Inc. (NYSE: ACHR), a leader in eVTOL aircraft, and KakaoMobility, Korea’s leading mobility as a service (MaaS) platform service company, signed an agreement to partner for joint participation in the K-UAM Grand Challenge and covers the planned purchase by KakaoMobility of up to 50 of Archer’s Midnight eVTOL aircraft worth up to an approximate value of $250M, including pre-delivery payments.

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Tags: Archer Aviation eVTOL KakaoMobility
Categories: Press Releases


May
23
2024

Archer Achieves Significant Regulatory Milestone; FAA Issues Final Airworthiness Criteria For Its Midnight Aircraft

Posted by Admin

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc. (NYSE: ACHR) a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the FAA issued for public inspection the final airworthiness criteria for Archer’s Midnight aircraft. This significant regulatory milestone provides the solidified path for Archer to achieve Type Certification for Midnight. Archer is one of two companies in the world to achieve this certification progress with the FAA for an eVTOL aircraft.

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Tags: Archer eVTOL
Categories: Press Releases

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