AMSTERDAM/CALIFORNIA, 10 June 2023: Archer Aviation Inc and Stellantis NV will attend the 2023 Paris Air Show to showcase the latest progress on Archer’s eVTOL aircraft, the Midnight. The Midnight is a fully electric vertical takeoff and landing (eVTOL) aircraft that is designed to revolutionize urban air mobility.
The Paris Air Show is the world’s largest aerospace event and is a key opportunity for Archer and Stellantis to showcase their commitment to the future of urban air mobility. The event will also provide Archer with an opportunity to meet with potential customers and partners.
Archer and Stellantis have partnered to bring the Midnight to market. Stellantis will provide its expertise in manufacturing and certification, while Archer will provide its expertise in eVTOL aircraft design and development. This partnership will allow Archer to accelerate the development and commercialization of the Midnight.
The Midnight is expected to be certified by the FAA in 2025 and will be available for purchase in 2026. The aircraft is expected to have a range of 60 miles and a top speed of 150 miles per hour.
The partnership between Archer and Stellantis is a significant milestone for the eVTOL industry. It demonstrates the growing momentum behind eVTOL aircraft and the potential of this technology to revolutionize urban air mobility.
Archer is a California-based company that is designing and developing eVTOL aircraft. The company was founded in 2018 by Adam Goldstein and Brett Biggar. Archer has raised over $1 billion in funding from investors such as Bill Gates and Jeff Bezos.
Stellantis is a multinational automotive manufacturing company that was formed in 2021 by the merger of Fiat Chrysler Automobiles and Groupe PSA. The company has over 140,000 employees and operates in over 130 countries. Stellantis is the world’s fourth-largest automaker by sales.