After Archer Recently Received FAA Certificate Necessary To Begin Flying Midnight, It Continues Hitting Key Certification Milestones On Schedule As FAA Starts To Approve Midnight’s Certification Plans
16 Agosto 2023 - 10:00AM
Business Wire
- Archer’s receipt of its Special Airworthiness Certificate
for Midnight from the Federal Aviation Administration (FAA) means
its Midnight aircraft has met all FAA safety requirements necessary
to begin flight test operations
- FAA has now started approving certification plans for
Archer’s production aircraft, which will pave the way for Archer to
begin piloted “for credit” testing of Midnight, which is expected
in early 2024
- Aircraft is expected to be the first-ever eVTOL to be
delivered to a customer pursuant to Archer’s recently announced
landmark AFWERX contracts with a potential value of up to
$142M1
- Archer’s strategy of realistic innovation and strategically
sourcing many of the key components used in Midnight from leading
aerospace suppliers with deep certification heritage puts the
company in position to accelerate its momentum in the race to be
the first to bring eVTOL aircraft to market in the U.S.
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical
takeoff and landing (eVTOL) aircraft, today announced that its
Midnight eVTOL aircraft has continued hitting key certification
milestones on schedule, with the FAA recently starting to approve
Archer’s certification plans for its Midnight production aircraft
and recently issuing its first Midnight aircraft a Special
Airworthiness Certificate allowing it to begin flight test
operations. These milestone achievements pave the way for Archer to
start “for credit” testing of piloted Midnight aircraft, which is
expected in early 2024. Archer’s focus on realistic innovation and
strategically sourcing many of the key components used in Midnight
from leading aerospace suppliers positions the company to
accelerate its momentum in the race to be the first to bring eVTOL
aircraft to market in the U.S.
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the full release here:
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Archer's Midnight eVTOL aircraft at the
company's flight test facility in Salinas, CA. (Photo: Business
Wire)
Archer’s strategic approach to aircraft development and
certification with the FAA has kept the company’s certification
program on schedule by leaning on the strong safety, certification
and manufacturing track record of its globally recognized
suppliers, including the likes of Honeywell, Garmin, and Safran,
for key aircraft components that are used throughout Midnight.
Those relationships coupled with the strategy of focusing on
developing in-house only the key enabling technologies has allowed
Archer to invest only where it is needed to help ensure that the
company’s Midnight aircraft can achieve its performance goals
necessary for supporting a sustainable business model. This means
Archer is not developing components like flight control computers,
where its strategic supplier partners already have well-developed
experience, intellectual property, certification history, and
scaled manufacturing capabilities in place.
Archer’s strategy is yielding a significantly simpler and more
focused scope of certification work to complete in the
“implementation” phase of Midnight’s certification program, than if
Archer had chosen to develop all of the core aircraft components
and systems in house. This intentional strategy has allowed
Archer’s team to advance efficiently through its certification
program to date, which Archer believes positions it to progress
through the final “for credit” phase of the FAA’s Type
Certification process even more efficiently.
“With each passing quarter and each milestone hit on schedule,
we continue to prove our steadfast strategy and execute on our goal
of achieving the most efficient path to market – optimizing our
aircraft for certification, manufacturing, and commercial
operation,” said Archer Chief Operating Officer, Tom Muniz.
“Needless to say, our strategy is paying off and we thank the FAA
for their team’s ongoing collaboration with Archer to provide the
right framework to certify our eVTOL aircraft and safely integrate
them into the national airspace.”
“I’m encouraged by how the Department of Transportation and the
FAA have dramatically accelerated the pace of activity to further
advanced air mobility recently, and we applaud them for
appropriately making AAM a top priority within the Biden
Administration,” said former FAA Administrator and current Archer
Chief Safety Officer, Billy Nolen. “It’s critical for the U.S. to
maintain our global leadership of the aerospace sector and the
Administration is demonstrating they have provided the incentives
and resources to ensure our nation remains at the forefront of this
new industry.”
Archer’s first Midnight aircraft is on track to be the first
ever eVTOL aircraft delivered to a customer pursuant to Archer’s
recently announced landmark AFWERX contracts with a potential value
of up to $142M(1). The company is on schedule to hand off its
Midnight aircraft to the U.S. Air Force by the end of this year or
early in 2024.
Archer’s goal is to transform urban travel, replacing 60-90
minute commutes by car, with estimated 10-20 minute electric air
taxi flights that are safe, sustainable, low noise and cost
competitive with ground transportation. With a range of up to 100
miles, Archer’s Midnight is a piloted, four passenger aircraft
designed to perform rapid back-to-back flights with minimal charge
time in between flights.
Forward-looking Statements
This press release contains forward looking statements regarding
Archer’s future business plans, product roadmaps and market
opportunities, including statements regarding the performance and
development of its aircraft, business opportunities, growth of
manufacturing capabilities, and timelines of its aircraft
certification, aircraft delivery, and commercialization. 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.
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.
Source: Archer
Text: ArcherIR
1Largest "up to" contract awarded by AFWERX to an eVTOL company
as of July 27, 2023. The “up to” contract value is subject to
certain conditions being met as defined in the contracts.
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