Archer: Abu Dhabi First City With Commercial EVTOL Air Taxis In 2025 [Forbes]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Forbes
Mobility is changing, and electric cars are just one of the major trends. Elon Musk may have dreams of widespread autonomous road car use as well , and Croatian company Verne is following suit , but that doesn't solve the problem of congested roads. If we really want to get across the city fast, we need to look up – into the sky. The electric vertical takeoff and landing (eVTOL) air taxi promises to revolutionize fast short-distance travel, and the first place to get a commercial service will be Abu Dhabi, thanks to Californian company Archer Aviation. I talked to Nikhil Goel, Archer's CCO, about how the air taxi was going to arrive in the city in 2025. Previously, Goel was a co-founder of Uber Elevate, a company with a similar vision to Archer that was sold to Joby Aviation in 2020 . “I've been in the field for 10 years,” says Goel. “I came to the UAE first in 2015 and met with Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, who was one of the first champions for bringing air ta
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- Archer Completes Construction of High-Volume Manufacturing FacilityBusiness Wire
ACHR
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/19/24 - Form SCHEDULE
- ACHR's page on the SEC website