Archer Aviation News

Aviation Week • Ben Goldstein

Odys Aviation Achieves Milestone with Subscale eVTOL Transition Flights

Odys Aviation, a U.S. startup, has successfully completed initial transition flights with its prototype subscale eVTOL drone, named Laila. These flights mark a significant step in the development of their hybrid electric vertical takeoff and landing technology.

2024-11-20T12:50:34.168945-08:00

Axios

Soracle to Acquire Up to 100 Archer Midnight eVTOLs for $500M in Japan

2024-11-07T05:02:45.408722-08:00

GlobalAir.com

Archer Aviation Appoints Dr. Talib Alhinai to Lead UAE Electric Air Taxi Launch

2024-11-12T21:45:51.460983-08:00

Bloomberg

China Accelerates eVTOL Approvals as US Faces Regulatory Hurdles

2024-11-12T06:02:21.237162-08:00

Archer Aviation News Timeline

Aviation Week

Odys Aviation Achieves Milestone with Subscale eVTOL Transition Flights Odys Aviation, a U.S. startup, has successfully completed initial transition flights with its prototype subscale eVTOL drone, named Laila. These flights mark a significant step in the development of their hybrid electric vertical takeoff and landing technology.

2024-11-20T12:50:34.168945-08:00

Odys Aviation Achieves Milestone with Subscale eVTOL Transition Flights

GlobalAir.com

Archer Aviation Appoints Dr. Talib Alhinai to Lead UAE Electric Air Taxi Launch Dr. Talib Alhinai, a Board Director at the GCAA, will direct Archer Aviation's electric air taxi initiative in the UAE, aiming to transform urban mobility through innovation in eVTOL technology.

2024-11-12T21:45:51.460983-08:00

Archer Aviation Appoints Dr. Talib Alhinai to Lead UAE Electric Air Taxi Launch

Bloomberg

China Accelerates eVTOL Approvals as US Faces Regulatory Hurdles China is advancing swiftly with the authorization of automated electric air taxis, surpassing US efforts hindered by FAA's regulatory challenges. This regulatory environment places American eVTOL companies at a disadvantage, affecting their competitive position in the burgeoning market.

2024-11-12T06:02:21.237162-08:00

China Accelerates eVTOL Approvals as US Faces Regulatory Hurdles

The Air Current

Court Orders Transparency in Wisk-Archer Legal Battle A judge has mandated Wisk and Archer to unveil previously sealed details in their ongoing legal conflict concerning eVTOL technology, potentially influencing sector-wide competitive strategies and intellectual property approaches.

2024-11-11T20:05:57.314431-08:00

Court Orders Transparency in Wisk-Archer Legal Battle

revolution.aero

Archer Seeks Additional $400M from Stellantis to Boost eVTOL Program Amid Rising Costs Archer Aviation is pursuing an additional $400 million investment from Stellantis as it tackles higher costs during its manufacturing ramp-up and certification efforts for the Midnight eVTOL. The company reported a Q3 EBITDA loss of $93.5 million and has consumed $1.487 billion of its funds to date.

2024-11-08T03:01:23.882646-08:00

Archer Seeks Additional $400M from Stellantis to Boost eVTOL Program Amid Rising Costs

Axios

❗️

Soracle to Acquire Up to 100 Archer Midnight eVTOLs for $500M in Japan Soracle, a joint venture of Japan Airlines and Sumitomo Corporation, has finalized an agreement with Archer Aviation to acquire up to 100 Midnight electric vertical takeoff and landing (eVTOL) aircraft. The partnership aims to establish advanced air mobility services in Japan with a $500 million investment.

2024-11-07T05:02:45.408722-08:00

Soracle to Acquire Up to 100 Archer Midnight eVTOLs for $500M in Japan

Aviation Week

TCab Secures Hundreds of Millions in Provincial Funding for E20 eVTOL Shanghai-based TCab Technology has secured significant provincial funding to promote the industrialization of its E20 eVTOL air taxi. The investment marks a substantial move toward enhancing China's position in the global eVTOL market.

2024-11-01T08:32:17.319471-07:00

TCab Secures Hundreds of Millions in Provincial Funding for E20 eVTOL

Reuters

❗️

Eve Air Mobility Secures $50M Citibank Loan for eVTOL R&D Eve Air Mobility has enhanced its liquidity by securing a $50 million loan from Citibank, strengthening its financial position to support ongoing research and development of its eVTOL aircraft. The company's pro-forma liquidity is now approximately $480 million, bolstering its AAM initiatives.

2024-10-30T04:29:55.905905-07:00

Eve Air Mobility Secures $50M Citibank Loan for eVTOL R&D

Create a free account to see more recent Archer Aviation stories.