STOCK TITAN

Archer Is Set To Debut It’s Midnight Electric Air Taxi At The Dubai Air Show

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) announced that its Midnight aircraft will make its Middle Eastern debut at the Dubai Air Show from November 13-17. The aircraft will be featured in the Advanced Air Mobility Pavilion. Archer's CEO, Adam Goldstein, will deliver a keynote address unveiling the company's plans to bring electric air taxis to the UAE in 2026. Archer aims to transform urban travel by offering 10-20 minute electric air taxi flights that are safe, sustainable, low noise, and cost-competitive with ground transportation.
Positive
  • None.
Negative
  • None.
  • Archer and the Abu Dhabi Investment Office recently announced their plans in to make the UAE Archer’s first international launch partner, with the goal of commencing electric air taxi operations in both Abu Dhabi and Dubai in 2026
  • Midnight will be the featured eVTOL aircraft on display at the Dubai Air Show, which runs from November 13-17
  • Various members of the UAE Royal Family, UAE’s General Civil Aviation Authority and other key stakeholders from the region set to experience Midnight at the event
  • Archer CEO & Founder, Adam Goldstein, set to deliver opening keynote unveiling Archer’s plans to bring electric air taxis to the UAE in 2026

DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today its Midnight aircraft will make its Middle Eastern debut at the Dubai Air Show from November 13-17 as the featured aircraft in the Advanced Air Mobility (AAM) Pavilion. Additionally, Archer founder and CEO, Adam Goldstein, is set to deliver a keynote address as part of the show’s opening ceremony unveiling Archer’s plans to bring electric air taxis to the United Arab Emirates (UAE) in 2026. Archer will also have a presence in Mubadala Investment Company’s booth, reflecting the two companies’ long-standing relationship.

Archer's Midnight eVTOL aircraft will be on display the 2023 Dubai Air Show in the AAM Pavilion. (Photo: Business Wire)

Archer's Midnight eVTOL aircraft will be on display the 2023 Dubai Air Show in the AAM Pavilion. (Photo: Business Wire)

The Middle Eastern debut of Midnight at the Dubai Air Show will give a wide array of key regional stakeholders from the Royal Family to the UAE’s General Civil Aviation Authority and beyond the opportunity to experience sitting in an electric air taxi, providing an unprecedented glimpse at the future of urban air mobility in the UAE from one of the global leaders in the industry.

Recently, Archer and the Abu Dhabi Investment Office announced plans to make the UAE its first international launch partner, with plans to commence air taxi operations in both Abu Dhabi and Dubai in 2026. In addition, Archer is working with global manufacturing partner Stellantis and regional partners Falcon Aviation and GAL-AMMROC to build out aircraft manufacturing capabilities to service regional demands in the UAE and surrounding areas.

Archer’s goal is to transform urban travel, replacing 60–90-minute commutes by car with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise, and cost-competitive with ground transportation. Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.

About Archer

Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer’s team is based in Santa Clara, CA.

To learn more, visit www.archer.com.

Archer Forward Looking Statements

This press release contains forward looking statements regarding Archer’s future business plans, including statements regarding the timing of Archer’s development, commercialization, and certification of its eVTOL aircraft, business opportunities, government incentives, potential investments by third parties in Archer, expansion of Archer’s business internationally, and the building of Archer’s international headquarters and international manufacturing facilities. 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

Archer Media Contacts

The Brand Amp - Archer@TheBrandAmp.com

Source: Archer Aviation

FAQ

What is the name of the company mentioned in the press release?

The company mentioned in the press release is Archer Aviation Inc.

Where will Archer's Midnight aircraft make its Middle Eastern debut?

The Midnight aircraft will make its Middle Eastern debut at the Dubai Air Show.

When will the Dubai Air Show take place?

The Dubai Air Show will take place from November 13-17.

What is Archer's goal with their electric air taxis?

Archer aims to transform urban travel by offering 10-20 minute electric air taxi flights that are safe, sustainable, low noise, and cost-competitive with ground transportation.

Who will deliver the keynote address at the Dubai Air Show?

Archer's CEO, Adam Goldstein, will deliver the keynote address.

What are Archer's plans for the UAE?

Archer plans to bring electric air taxis to the UAE in 2026.

Who are Archer's partners in the UAE?

Archer is working with partners such as the Abu Dhabi Investment Office, Stellantis, Falcon Aviation, and GAL-AMMROC to build out aircraft manufacturing capabilities and commence air taxi operations in Abu Dhabi and Dubai.

Archer Aviation Inc.

NYSE:ACHR

ACHR Rankings

ACHR Latest News

ACHR Stock Data

4.84B
302.10M
25.51%
37.28%
17.81%
Aerospace & Defense
Aircraft
Link
United States of America
SAN JOSE