Archer Aviation Showcases Midnight Aircraft In Atlanta As It Nears Completion Of Its High-Volume Manufacturing Facility In Covington, Georgia
Archer Aviation Inc. (NYSE: ACHR) is making rapid progress on its high-volume manufacturing facility in Covington, Georgia. The nearly 400,000 square foot facility, set to be completed by the end of 2024, will support production of up to 650 Midnight aircraft annually in partnership with Stellantis. This would make it one of the largest manufacturing facilities by volume in the aviation industry.
Archer recently showcased its Midnight aircraft at DeKalb–Peachtree Municipal Airport to various government officials. The aircraft is designed to offer a sustainable, low-noise alternative to ground transportation, traveling at speeds up to 150 mph and designed for 20-50 mile flights with minimal charge time between trips. It's reportedly 100x quieter than a helicopter at cruising altitudes and can carry a pilot and up to four passengers.
Archer Aviation Inc. (NYSE: ACHR) sta facendo rapidi progressi nella sua struttura di produzione ad alta capacità a Covington, Georgia. La struttura, che copre quasi 400.000 piedi quadrati, dovrebbe essere completata entro la fine del 2024 e sosterrà la produzione di fino a 650 aerei Midnight all'anno in collaborazione con Stellantis. Questo la renderebbe una delle più grandi strutture di produzione per volume nel settore dell'aviazione.
Recentemente, Archer ha presentato il suo aereo Midnight all'aeroporto municipale DeKalb–Peachtree a vari funzionari governativi. L'aereo è progettato per offrire un'alternativa sostenibile e a basso rumore ai trasporti su strada, viaggiando a velocità fino a 150 mph e progettato per voli di 20-50 miglia con un tempo di ricarica minimo tra i viaggi. Si dice che sia 100 volte più silenzioso di un elicottero in altitudine di crociera e può trasportare un pilota e fino a quattro passeggeri.
Archer Aviation Inc. (NYSE: ACHR) está avanzando rápidamente en su instalación de fabricación de alto volumen en Covington, Georgia. La instalación de casi 400,000 pies cuadrados, que se espera esté completada a finales de 2024, apoyará la producción de hasta 650 aviones Midnight al año en asociación con Stellantis. Esto la convertiría en una de las instalaciones de fabricación más grandes por volumen en la industria de la aviación.
Recientemente, Archer mostró su avión Midnight en el Aeropuerto Municipal DeKalb–Peachtree a varios funcionarios del gobierno. El avión está diseñado para ofrecer una alternativa sostenible y de bajo ruido al transporte terrestre, viajando a velocidades de hasta 150 mph y diseñado para vuelos de 20-50 millas con un tiempo de carga mínimo entre viajes. Se dice que es 100 veces más silencioso que un helicóptero a altitudes de crucero y puede llevar un piloto y hasta cuatro pasajeros.
아처 항공 주식회사 (NYSE: ACHR)는 조지아 주 코빙턴에 고용량 제조 시설을 신속하게 발전시키고 있습니다. 거의 40만 평방피트에 달하는 이 시설은 2024년 말까지 완공될 예정이며, 연간 650대 Midnight 항공기 생산을 지원합니다. 이는 항공 산업에서 규모 면에서 가장 큰 제조 시설 중 하나가 될 것입니다.
아처는 최근 미드나잇 항공기를 다양한 정부 관계자들에게 데칼브-피치트리 시립공항에서 선보였습니다. 이 항공기는 지상 운송의 지속 가능하고 저소음 대안을 제공하도록 설계되었으며, 최대 시속 150마일의 속도로 비행하며, 20-50 마일 비행을 위해 최소한의 충전 시간으로 설계되었습니다. 이 항공기는 크루징 고도에서 헬리콥터보다 100배 조용하다고 알려져 있으며, 조종사와 최대 4명의 승객을 태울 수 있습니다.
Archer Aviation Inc. (NYSE: ACHR) progresse rapidement dans la construction de son installation de fabrication à haut volume à Covington, Géorgie. Ce bâtiment de près de 400 000 pieds carrés devrait être achevé d'ici fin 2024 et soutiendra la production de jusqu'à 650 avions Midnight par an en partenariat avec Stellantis. Cela en ferait l'une des plus grandes installations de fabrication par volume dans l'industrie aéronautique.
Récemment, Archer a présenté son avion Midnight à l'aéroport municipal DeKalb–Peachtree devant divers responsables gouvernementaux. Cet avion est conçu pour offrir une alternative durable et peu bruyante aux transports terrestres, se déplaçant à des vitesses allant jusqu'à 150 mph et conçu pour des vols de 20 à 50 miles avec un temps de charge minimal entre les trajets. Il est rapporté qu'il est 100 fois plus silencieux qu'un hélicoptère à des altitudes de croisière et peut transporter un pilote et jusqu'à quatre passagers.
Archer Aviation Inc. (NYSE: ACHR) macht schnelle Fortschritte beim Bau seiner Hochleistungsfertigungsanlage in Covington, Georgia. Die nahezu 400.000 Quadratfuß große Einrichtung soll Ende 2024 fertiggestellt werden und wird die Produktion von bis zu 650 Midnight-Flugzeugen jährlich in Partnerschaft mit Stellantis unterstützen. Damit wäre es eine der größten Fertigungsstätten nach Volumen in der Luftfahrtindustrie.
Kürzlich stellte Archer sein Midnight-Flugzeug am DeKalb–Peachtree Municipal Airport verschiedenen Regierungsbeamten vor. Das Flugzeug ist so konzipiert, dass es eine nachhaltige und geräuscharme Alternative zum Straßenverkehr bietet, mit Geschwindigkeiten von bis zu 150 mph und für Flüge von 20-50 Meilen mit minimaler Ladezeit zwischen den Flügen ausgelegt ist. Es wird berichtet, dass es in Reiseflughöhen 100 Mal leiser als ein Hubschrauber ist und einen Piloten und bis zu vier Passagiere befördern kann.
- Construction of 400,000 square foot manufacturing facility on track for completion by end of 2024
- Planned production capacity of up to 650 Midnight aircraft annually
- Partnership with Stellantis for mass production of Midnight aircraft
- Midnight aircraft designed for 20-50 mile flights at speeds up to 150 mph
- Aircraft 100x quieter than helicopters at cruising altitudes
- None.
Insights
Archer Aviation's progress on its high-volume manufacturing facility in Covington, Georgia, marks a significant milestone in the emerging electric vertical takeoff and landing (eVTOL) industry. The facility's planned annual production capacity of 650 Midnight aircraft is ambitious and could position Archer as a leader in this nascent market.
The partnership with Stellantis for mass production is a strategic move that leverages automotive manufacturing expertise. This collaboration could potentially accelerate Archer's production ramp-up and help optimize costs. However, the success of this venture hinges on several factors:
- Regulatory approvals: The FAA's certification process for eVTOLs is still evolving and any delays could impact production timelines.
- Market demand: While there's excitement around urban air mobility, the actual market size and adoption rate remain uncertain.
- Infrastructure development: The success of eVTOLs depends on the availability of vertiports and charging stations, which are still in early stages of planning in most cities.
The Midnight aircraft's specifications - 150 mph speed, 20-50 mile range and quick charging - are competitive within the eVTOL space. The emphasis on noise reduction (100x quieter than helicopters) is important for urban integration and public acceptance.
While Archer's progress is impressive, investors should remain cautious. The eVTOL market is highly competitive, with several well-funded players. Archer's ability to execute on its production plans and secure a significant market share will be critical for its long-term success.
The scale and speed of Archer's manufacturing facility construction are noteworthy. Completing a 400,000 square foot facility within a year is an aggressive timeline, especially for a complex aerospace manufacturing plant. This rapid development suggests strong financial backing and project management capabilities.
The phased approach to construction - from grading and foundation to equipment installation - is standard practice but executed at an accelerated pace. This strategy allows for parallel progress in different areas of the project, potentially saving time and resources.
However, several challenges lie ahead:
- Supply chain management: Securing specialized equipment and materials for eVTOL production could face bottlenecks, especially given global supply chain disruptions.
- Workforce development: Recruiting and training a skilled workforce for this cutting-edge technology will be important and potentially time-consuming.
- Quality control: Maintaining stringent aerospace quality standards while ramping up to high-volume production will be a significant challenge.
The partnership with Stellantis is a major advantage. Their expertise in high-volume automotive manufacturing could be invaluable in setting up efficient production lines and managing complex supply chains. However, adapting automotive manufacturing processes to aerospace standards will require careful planning and execution.
If Archer can successfully operationalize this facility and achieve its target of 650 aircraft annually, it would indeed be one of the largest by volume in the aviation industry. This could provide significant economies of scale, potentially giving Archer a competitive edge in pricing and market penetration.
- Archer’s team has made rapid progress with the buildout of this nearly 400,000 square foot facility and remains on track to complete construction by the end of the year
- This facility will support Archer’s planned production in partnership with Stellantis of up to 650 Midnight aircraft annually—making it one of the largest manufacturing facilities by volume in the aviation industry
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Archer recently showcased its Midnight aircraft at Atlantic Aviation’s new terminal at DeKalb–Peachtree Municipal Airport to guests from Georgia’s Office of the Governor, Georgia’s Congressional Offices, the
City of Atlanta , Georgia’s State Legislature, the Federal Aviation Administration and other local governments
Recent photo of construction progress on Archer’s high-volume manufacturing facility in
In preparation for this facility’s completion, last week Archer showcased its Midnight aircraft at Atlantic Aviation’s new terminal at DeKalb–Peachtree Municipal Airport. Guests included government officials from Georgia’s Office of the Governor, Georgia’s Congressional Offices, the
Archer completed the first build phase earlier this year—inclusive of grading and foundation work and is nearing completion of phase two—the erection of the exterior walls and roof. Phase three—interior fit out, and phase four—equipment load in and power on, are on track to be completed in the coming months.
Once complete, this facility will be nearly 400,000 square feet and will support Archer’s planned production of up to 650 Midnight aircraft annually, which would make it one of the largest manufacturing facilities by volume in the aviation industry. Archer’s buildout is taking place in close partnership with Stellantis, with the companies continuing to progress their plans to mass-produce Archer’s Midnight aircraft together.
Adam Goldstein, CEO and founder of Archer, said, “Thanks to the hard work of the Archer and Stellantis teams, we’re tracking towards completing this manufacturing facility by the end of the year. Once complete, we’ll focus on ramping production up to 650 aircraft a year—our goal is to be the first in the eVTOL industry to achieve scaled manufacturing.”
Midnight, Archer’s electric vertical take-off and landing aircraft, represents the potential for a significant step change for aviation. Built around Archer’s proprietary electric powertrain, Midnight is designed to offer passengers a sustainable, low-noise and safe alternative to ground transportation:
- Travels at speeds up to 150 mph, turning hour-long ground commutes into minutes in the air
- Designed for back-to-back flights of 20-50 miles with minimal charge time in between
- 100x quieter than a helicopter at cruising altitudes—nearly inaudible from the streets below
- Redundant systems across the aircraft allowing Archer to target similar levels of safety as commercial airliners
- Designed to carry a pilot, up to four passengers and carry-on luggage
About Archer
Archer is a leader in the electrification of aviation. We are designing and developing the key enabling technologies and aircraft that are necessary to power the next great transportation revolution. Our goal is for our proprietary technology to deliver unprecedented connectivity to the people and places across the most congested cities in the world. To learn more, visit www.archer.com.
Forward-Looking Statements
This press release contains forward looking statements regarding Archer’s future business plans, including statements regarding its aircraft performance, design and target specifications of its aircraft, production volume,build out and timing of the completion of its manufacturing facility, planned manufacturing partnership with Stellantis, and timing of Archer’s development, commercialization, and certification of its eVTOL aircraft. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, available at www.sec.gov. In addition, please note that any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.
Source: Archer
Text: ArcherIR
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Archer Media Contacts
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Source: Archer Aviation
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