ACHR Oct 2024 5.000 call
- Business Wire
KakaoMobility Selects Archer Aviation As Its eVTOL Partner And Will Fund Archer’s Korean Commercialization Efforts; Together They Will Conduct Public Flight Demonstrations As Part Of Korea’s Grand Challenge As Soon As Q4’2024
SEOUL, South Korea, May 30, 2024--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.
- Business Wire
Archer Achieves Significant Regulatory Milestone; FAA Issues Final Airworthiness Criteria For Its Midnight Aircraft
SANTA CLARA, Calif., May 23, 2024--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.
- Business Wire
Archer Aviation Partners With Etihad Aviation Training For eVTOL Pilot Training Operations Based In Abu Dhabi
RIYADH, Saudi Arabia, May 20, 2024--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed a memorandum of understanding ("MOU") with Etihad Training that lays the groundwork for a partnership to recruit and train prospective pilots for Archer’s Midnight aircraft in Abu Dhabi to fly aircraft across the UAE. The MOU was announced at the start of the Future Aviation Forum in Riyadh, Saudi Arabia, where Archer is showcasin
