Atlantic Aviation and Archer Aviation Align to Pursue Development of Electric Aircraft Infrastructure Across LA, Northern California, South Florida, and NYC Regions
17 Gennaio 2024 - 10:00AM
Business Wire
- Archer and Atlantic recently signed a memorandum of
understanding (MOU) focused on opportunities to operationalize
sites for electric aircraft in LA and New York City metropolitan
areas, along with Northern California and South Florida
- Archer and Atlantic plan to install interoperable rapid
charging system recently endorsed by General Aviation Manufacturers
Association (GAMA)
- Archer and Atlantic Aviation will continue to explore eVTOL
aircraft operations at additional Atlantic locations
- The MOU anticipates that the parties will develop a
strategic partnership based on Archer's commitments for landing and
infrastructure investments, aiming to prepare its sites for eVTOL
operations
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical
takeoff and landing (eVTOL) aircraft, and Atlantic Aviation, a
leading fixed-base operator (FBO) network and aviation services
provider, today announced the recent signing of an MOU focused on
establishing sites for electric aircraft operations in the LA and
New York City metropolitan areas, along with Northern California
and South Florida.
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Representative Atlantic FBOs including
development intended to serve future eVTOL operations via agreement
with Archer. Pictured above: LA (Graphic: Business Wire)
Archer and Atlantic Aviation plan to electrify several of
Atlantic Aviation’s existing aviation assets to support future
electric aircraft operations, including Archer’s Midnight air taxi,
at Atlantic Aviation locations across four key launch markets.
The companies plan to leverage the parties’ existing
relationships with BETA Technologies to install BETA’s
interoperable rapid recharging systems. BETA’s chargers utilize the
Combined Charging System (CCS) that was recently endorsed by the
General Aviation Manufacturers Association (GAMA) and is being
utilized by several top original equipment manufacturers (OEMs)
across the industry.
Atlantic and Archer anticipate launch of service across these
initial locations in 2025 and subsequent expansion of services to
other locations across Atlantic Aviation’s significant portfolio as
availability of Archer’s aircraft scales. Together, Archer and
Atlantic Aviation will be leaders in defining the infrastructure
experience for the electric aircraft industry, offering premium
experiences for customers.
“We are excited to work with Atlantic to help electrify their
vast portfolio of high-value aviation assets in America’s most
congested cities including the New York, Los Angeles, Miami, and
San Francisco markets,” said Nikhil Goel, Archer’s Chief Commercial
Officer. “These initial eVTOL vertiport locations will provide a
launching pad for future expansion across Atlantic’s portfolio and
ensure that our Midnight aircraft has safe, centrally located
landing facilities for our future passengers.”
John Redcay, Atlantic Aviation Chief Commercial and
Sustainability Officer, said: “We are impressed with Archer’s
technology and suite of world-class partners including United
Airlines; we are excited to work together to electrify our aviation
assets to enable quiet and sustainable urban air travel in cities
across the U.S.”
Archer’s goal is to transform urban travel, replacing 60- to
90-minute commutes by car with estimated 10- to 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 in 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.
About Atlantic Aviation
Atlantic Aviation offers customers more than 100 Fixed Base
Operations (FBO) locations across North America – and includes
locations in Hawaii and the Caribbean. Atlantic Aviation’s
facilities each provide a full suite of critical services to the
business aviation sector covering a wide range of aircraft ground
handling and corporate flight support, including fueling and line
services, ground transportation, catering, hangar, deicing, and
ramp space. To learn more, and for a complete list of locations,
please visit https://www.atlanticaviation.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. 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
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Archer Media Contacts The Brand Amp -
Archer@TheBrandAmp.com
Atlantic Aviation Media Contacts Ivy Cueto –
Ivy.Cueto@AtlanticAviation.com
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