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Archer Aviation ($ACHR) Completes Transition Flight and Continues FAA Certification Progress

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Archer Aviation (NYSE: ACHR), a leader in eVTOL aircraft development, has announced that its Midnight aircraft successfully completed transition flying at over 100 mph.

Transition flying involves vertical takeoff, forward acceleration, shifting to wing-borne flight, and vertical landing. Archer has now achieved this milestone with two full-scale eVTOL aircraft. At approximately 6,500 lbs, Midnight is one of the largest eVTOLs to complete transition, essential for carrying commercially viable passenger payloads.

Midnight’s flight tests will continue with simulated commercial routes, and expanded speed and endurance tests.

Archer also announced that the company has received Part 135 and Part 145 certificates from the FAA. Midnight is in the final phase of its Type Certification program, with piloted flight testing expected later this year.

Adam Goldstein, Archer’s Founder and CEO stated: “Transitioning two generations of full-scale eVTOL aircraft in less than 2 years is another remarkable achievement for Archer’s team. This shows we continue to successfully execute against our plan to create the most efficient path to market with an aircraft that is designed for certification and to be manufactured efficiently at scale.”

Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks.

Shares of Archer Aviation trade on the NYSE under the ticker symbol ACHR. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com

  continue reading

488 episodes

Artwork
iconShare
 
Manage episode 423202966 series 3366344
Content provided by Green Stock News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Green Stock News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Archer Aviation (NYSE: ACHR), a leader in eVTOL aircraft development, has announced that its Midnight aircraft successfully completed transition flying at over 100 mph.

Transition flying involves vertical takeoff, forward acceleration, shifting to wing-borne flight, and vertical landing. Archer has now achieved this milestone with two full-scale eVTOL aircraft. At approximately 6,500 lbs, Midnight is one of the largest eVTOLs to complete transition, essential for carrying commercially viable passenger payloads.

Midnight’s flight tests will continue with simulated commercial routes, and expanded speed and endurance tests.

Archer also announced that the company has received Part 135 and Part 145 certificates from the FAA. Midnight is in the final phase of its Type Certification program, with piloted flight testing expected later this year.

Adam Goldstein, Archer’s Founder and CEO stated: “Transitioning two generations of full-scale eVTOL aircraft in less than 2 years is another remarkable achievement for Archer’s team. This shows we continue to successfully execute against our plan to create the most efficient path to market with an aircraft that is designed for certification and to be manufactured efficiently at scale.”

Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks.

Shares of Archer Aviation trade on the NYSE under the ticker symbol ACHR. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com

  continue reading

488 episodes

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