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Archer announces three conforming, piloted aircraft are now under construction

This latest milestone is another demonstration of Archer’s ongoing progress as the Company continues to execute against its commercialization plans. These aircraft will have components and systems that conform to the intended type design, enabling ?for credit? flight testing with the FAA after the completion of the Company?s flight testing phase, which is planned to start later this year. Final assembly will be done at Archer?s manufacturing facility in San Jose, California.

?The key to achieving FAA certification is flying a conforming aircraft. I believe we are positioned to be the first in the sector to do so.? said Archer Founder & CEO Adam Goldstein. ?From day one, Archer?s strategy has been to build an aircraft that is certifiable and manufacturable at scale. This focus is what has allowed us to move quicker and more efficiently than any other company in the industry over the last few years.?

Archer?s goal is to transform urban travel, replacing 60?90-minute commutes by car with estimated 10-20 minute 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 between flights.

More information www.archer.com

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