Archer will publicly unveil its two-seater demonstrator eVTOL aircraft in Los Angeles next week, in what the company has described as a ‘monumental milestone’ in its journey towards commercial launch by 2024.
Organised in accordance with local Covid-19 guidelines, the event on June 10th will also be a live stream on Archer’s YouTube channel from 6pm PT.
Its fully-electric aircraft, which has been called Maker, has been designed to be 100 times quieter than a conventional helicopter and will travel distances of 60 miles at 150mph.
Brett Adcock, Archer co-founder and co-CEO, said: “Maker’s unveil brings us one step closer to making sustainable travel more accessible and affordable for people living in the world’s biggest, most congested cities. Archer has seen a period of tremendous growth and we are proud of what our team has already accomplished. We’re excited to continue on our timeline toward a commercial launch and move urban transportation networks into the skies.”
Archer’s recently announced merger with Atlas Crest Investment Corporation (NYSE: ACIC) and commercial order from United Airlines values the company at $3.8 billion. It has also announced urban air mobility networks in the cities of Los Angeles and Miami.
Earlier this year, Archer also signed a partnership with Stellantis, one of the biggest automotive manufacturers in the world. This grants Archer access to the low-cost supply chain and advanced composite material capabilities needed to produce aircraft at the scale to support its operations.
Archer co-founder and co-CEO Adam Goldstein, added: “At Archer, we are playing the long-game and investing in better, more sustainable transportation for generations to come. Setting a date for our supporters to see that mission materialise is a momentous occasion, not just for our team, but for the future cities that will benefit from a green transportation alternative. We are grateful for the partners, collaboration, and trust that have led us to this point, and we’re excited for what’s to come.”
To register for the livestream event on June 10th, click here.