Archer Aviation signs deal to launch its eVTOL air taxi service across the United Arab Emirates
A mere few months after receiving FAA certification to begin eVTOL test flights in the US, Archer Aviation has found its first international launch partner for all-electric air taxi services in the United Arab Emirates. Through a recently signed MOU, Archer will work to implement the necessary infrastructure to enable commercial services on the wings (or rotors, rather) of incentives from Abu Dhabi.
Archer Aviation ($ACHR) is an electric vertical takeoff and landing (eVTOL) aircraft developer currently as poised as ever to finally get its “Midnight” aircraft into the air since unveiling it in December 2022.
In its first five years of existence, Archer Aviation has established working relationships and significant investments from the likes of United Airlines and the US Air Force – a partnership that recently enabled an eVTOL purchase contract from the US Department of Defense for up to $142 million.
Automotive conglomerate Stellantis is also…