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Acquisition bolsters Archer’s rapidly growing patent portfolio by adding ~300 patent assets covering current and next-gen eVTOL technologies.
The Composite Materials Handbook-17 is publishing new data and industry best practices, helping to fill the aerospace industry’s growing knowledge transfer gap and support advanced materials and structures.
Japan Airlines and Sumitomo joint venture intends to deploy Midnight as the core part of its fleet of air taxi services available in Osaka.
The 55-mile flight follows a series of key developments in Archer’s commercialization roadmap, including the continuation of its manufacturing ramp-up throughout the U.S. and the activation of its Launch Edition program in the UAE.
Aiming to accelerate its defense aircraft portfolio, acquisitions include a patent portfolio from tiltrotor aircraft specialist Overair, and a composites manufacturing site.
The additional funds further support Archer’s liquidity position of approximately $2 billion in anticipation of Midnight’s commercialization.
Archer seeks to integrate air taxi support across LA through transporting LA28’s VIPs, fans and stakeholders to key venues.
Archer looks to enable passengers to travel from Manhattan to nearby airports in just 5-15 minutes via the Midnight eVTOL platform.
Altitudes of 7,000 feet surpass the aircraft’s intended operational altitudes of up to 4,000 feet, marking the flexibility of the platform.
Flight operations tested the composites-intensive aircraft’s VTOL and CTOL capabilities, important for its civil and defense operations.
