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Turning Point

Turning Point

  • 07 Jul 2021 10:13 AM
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Actor, director and activist Christopher Reeve said in a 1996 speech, “So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable.”

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Archer Makes Its Mark

Archer Makes Its Mark

  • 23 Jun 2021 08:15 AM
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On June 10, Archer Aviation unveiled its two-seat Maker electric vertical takeoff and landing (eVTOL) demonstrator during a special effects show at Hawthorne Municipal Airport in Los Angeles County, California.

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Archer Advances eVTOL Commercialization

Archer Advances eVTOL Commercialization

  • 05 Mar 2021 08:30 AM
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Electric vertical takeoff and landing (eVTOL) aircraft developer Archer Aviation announced an agreement on Jan. 12 with Fiat Chrysler Automobiles — which has now merged with the French car company Groupe PSA (Peugeot) to form Stellantis — for the startup to benefit from the automaker’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience.

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SPACtacular Financing: Billions Coming for eVTOL

SPACtacular Financing: Billions Coming for eVTOL

  • 24 Feb 2021 04:13 PM
  • 2

A year after the electric vertical takeoff and landing (eVTOL) aircraft industry saw its first start-up valued at more than $1B (see “The First Electric VTOL Unicorn: Joby Aviation,” Vertiflite, March/April 2020), a growing number of companies across the advanced air mobility (AAM) industry are looking to merge with a Special Purpose Acquisition Company (SPAC) that is already publicly traded to raise the funds necessary to bankroll future growth.

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Archer, A Leading UAM Company, To List On NYSE Through Merger With Atlas Crest Investment Corp

Archer, A Leading UAM Company, To List On NYSE Through Merger With Atlas Crest Investment Corp

  • 10 Feb 2021 06:00 AM
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Archer, a leading Urban Air Mobility (“UAM”) company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. (NYSE: ACIC), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company.

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Archer Teams with Fiat Chrysler for eVTOL Production

Archer Teams with Fiat Chrysler for eVTOL Production

  • 12 Jan 2021 08:00 AM
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Archer and Fiat Chrysler Automobiles announced on Jan. 12, 2021 that they have entered into an agreement so Archer can benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience.

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Archer Flies Out of Stealth

Archer Flies Out of Stealth

  • 17 Jun 2020 01:23 PM
  • 0

On May 21, electric vertical takeoff and landing (eVTOL) aircraft startup Archer unveiled its plans and progress to the world. The company is led by co-founders Brett Adcock and Adam Goldstein, serial entrepreneurs who recently sold hiring marketplace startup Vettery to The Adecco Group for over $100M.

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