Archer Midnight Air Taxi Heads to Japan in $500M Deal
Soracle, a joint venture between Japan Airlines and Japanese conglomerate Sumitomo, has the right to purchase as many as 100 electric air taxis.
Soracle, a joint venture between Japan Airlines and Japanese conglomerate Sumitomo, has the right to purchase as many as 100 electric air taxis.
The military is intrigued by the aircraft’s mix of vertical takeoff and landing capability and low noise.
The electric vertical takeoff and landing (eVTOL) aircraft manufacturer could sell as many as 116 Midnight air taxis to Future Flight Global.
The manufacturer also has plans to fly in New York, Chicago, and the San Francisco Bay Area in partnership with United Airlines and Southwest Airlines.
The manufacturer and realtor are joining forces to build an air taxi ecosystem including South San Francisco, Napa, San Jose, Oakland, and Livermore.
The company is one of two electric vertical takeoff and landing (eVTOL) air taxi manufacturers to receive the approval, the other being Joby Aviation.
South Korea’s Kakao Mobility tentatively agrees to purchase up to 50 Midnight air taxis and will fund Archer’s commercialization efforts in the country.
The electric vertical takeoff and landing (eVTOL) manufacturer says its newly installed battery pack manufacturing line is capable of producing up to 15,000 per year.
With a new headquarters and growing policy, government, and regulatory affairs team, Archer is stepping up its presence on Capitol Hill.
The evaluation is designed to verify the pack can withstand the impact of a crash from 50 feet, which could cause the battery to leak, catch fire, or explode similar to a fuel tank.