Archer receives first USAF payment on $142 million contract
Archer Aviation announced yesterday that the US Air Force has provided the company with its first instalment of nearly $1M on contracts valued at up to $142 million.
The initial payment signals the ongoing advancement of the partnership from signature to execution as the AFWERX Agility Prime program works with Archer to assess the transformational potential of the vertical flight market and eVTOL technologies for DoD purposes.
The initial payment is related to a contracted deliverable for a mobile flight simulator which the USAF and Archer will use to train pilots, assess flight controls and improve USAF personnel’s understanding of the operational capabilities of Archer’s civilian use eVTOL aircraft platform and potential future development of aircraft for Air Force use.
The simulator will also be deployed to key public and industry events to increase public awareness and engagement with eVTOL technology. Several more of Archer’s deliverables are already underway as part of the contracts, which include sharing wind tunnel testing reports, project specific and subject specific certification plans.
Archer CEO and founder Adam Goldstein said: “Archer’s eVTOL technology can help maintain the US position as a global leader in aviation. To see our historic contract with the USAF move from signature to execution is a reflection of the strong commitment that the Department of Defense has made to securing our country’s future by investing in transformational technology.”
With its vertical takeoff and landing capabilities, target payload of approximately 1,000lbs, proprietary electric powertrain system, and low noise profile, Archer’s Midnight aircraft represents a potential paradigm shift in military aviation and operations.
These aircraft hold the promise of enhancing rapid response, agility, and operational effectiveness across a wide range of mission profiles, from personnel transport and logistics support to rescue operations and more.
Archer’s Midnight aircraft is expected to provide a much safer and quieter alternative to helicopters while being more cost-effective for the US military to transport, operate and maintain in the field.
In May, Archer formed a Government Services Advisory Board to expand its relationship with the US Department of Defense as its Midnight aircraft progressed toward commercialisation.