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Midnight aircraft will provide an opportunity to streamline everyday urban congestion challenges, in addition to other use cases.

All major aerostructures and systems have been built and installed to begin pilot flight test operations with the conforming composite aircraft in early 2024.

Stellantis is to contribute advanced manufacturing technology and expertise, experienced personnel and capital, in addition to help stand up Archer’s new composites manufacturing facility, with the ultimate goal of becoming Archer’s exclusive contract manufacturer.

An agreement with the Abu Dhabi Investment Office will see Archer’s Midnight eVTOL aircraft service operating in the UAE by 2026, as well as establishment of an international facility and headquarters.

Landmark investment in eVTOL technology by U.S. military is part of the next phase in partnership between Archer and AFWERX program.

With its upcoming unveiling of the composite Midnight eVTOL, Archer Aviation forecasts a rapid production ramp-up in the following years.

Proposed commercial route will connect Newark Liberty International Airport to Downtown Manhattan Heliport using the all-electric Midnight aircraft.

The companies’ first product from this partnership, aided by an additional $430 million raised by Archer, is planned to be a hybrid-propulsion VTOL that will target a potential program of record from the U.S. DOD.

Stellantis signals its continued confidence and partnership in the eVTOL company with the purchase of nearly 8.3 million shares.

The eVTOL aircraft company is now authorized to perform specialized aircraft repair services on crucial aircraft components.