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Archer Aviation Secures U.S. Air Force Payment in Groundbreaking $142 Million Contracts

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In a significant move, the U.S. Air Force has swiftly initiated the execution of recently announced contracts, with an initial payment of nearly $1 million disbursed to Archer Aviation Inc., a leading player in the electric vertical takeoff and landing (eVTOL) aircraft sector. These groundbreaking contracts, valued at up to $142 million, represent a transformative step towards integrating eVTOL technology into military operations.

Under this partnership, the U.S. Air Force and Archer will embark on comprehensive training programs for Air Force pilots and personnel. This journey will commence with flight simulation, allowing individuals to familiarize themselves with Archer’s eVTOL aircraft capabilities before progressing to piloted flight testing, featuring Archer’s innovative Midnight aircraft.

The rapid provision of this initial payment underscores the commitment of both parties to advancing their collaboration. The AFWERX Agility Prime program, in coordination with Archer, is diligently assessing the potential of vertical flight technology and eVTOL applications within the Department of Defense (DoD).

The initial payment pertains to a contracted deliverable, a mobile flight simulator. This simulator will play a crucial role in training Air Force pilots, refining flight controls, and enhancing the operational understanding of Archer’s eVTOL platform, tailored initially for civilian use. It also opens doors for potential future aircraft development for Air Force utilization. Notably, the simulator will be showcased at key public and industry events, fostering greater awareness and engagement with eVTOL technology.

Archer is actively engaged in fulfilling several more deliverables outlined in the contracts, including sharing wind tunnel testing reports and developing project-specific certification plans (PSCP’s) and Subject Specific Certification Plans (SSCP’s) in tandem with the U.S. Air Force.

Archer’s CEO and founder, Adam Goldstein, expressed his optimism about the partnership, highlighting the potential of Archer’s eVTOL technology in bolstering the United States’ aviation leadership on a global scale. The swift transition from contract signature to execution underscores the U.S. Department of Defense’s dedication to investing in transformational technology for securing the nation’s future.

Archer’s Midnight aircraft, featuring vertical takeoff and landing capabilities, boasts a target payload of approximately 1,000 pounds, a proprietary electric powertrain system, and a minimal noise profile. These attributes are poised to revolutionize military aviation and operations, potentially transforming mission profiles across various domains. From personnel transport and logistics support to rescue missions, Archer’s Midnight aircraft promise to deliver rapid response, agility, and operational efficiency. They are expected to provide a safer and quieter alternative to helicopters while being cost-effective for the U.S. military in terms of transportation, operations, and maintenance in the field.

This landmark collaboration signifies a remarkable step forward in the integration of cutting-edge eVTOL technology within the U.S. Air Force and the broader military landscape.

For more information, visit https://investors.archer.com/news/news-details/2023/Archer-Receives-First-U.S.-Air-Force-Payment-On-Landmark-Contracts-Valued-At-Up-To-142-Million/default.aspx

Photo: Archer


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