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News Published on 11/11/2022
Archer, United Airlines reveal first specified eVTOL route in the U.S.

Proposed commercial route will connect Newark Liberty International Airport to Downtown Manhattan Heliport using the all-electric Midnight aircraft.

 

News Published on 7/18/2022
Archer enters into agreement with FACC for key eVTOL production aircraft elements

FACC, known for its track record in composite aerostructure fabrication, will supply key fuselage and wing elements for the aircraft, in order to achieve target range and payload capabilities.

 

News Published on 3/31/2023
FACC reports growth due to short- and medium-haul aircraft, potential expansions

Citing a 22% increase in revenue, FACC plans to expand its workforce and Plant 6 in Croatia as it pursues continued growth in civil aviation, UAM and space sectors.

News Published on 2/16/2021
Archer to be listed on NYSE through Atlas Crest Investment merger

Business combination agreement expected to provide approximately $1.1 billion of gross proceeds. United Airlines to purchase $1 billion worth of Archer’s eVTOL aircraft.

News Published on 8/10/2022
Archer receives pre-delivery payment from United Airlines for 100 eVTOL aircraft

The $10 million pre-delivery payment emphasizes financial commitment to the composite eVTOL, Maker, following recent completion of the aircraft’s Preliminary Design Review.

 

News Published on 4/20/2022
LIFT Aircraft’s HEXA is awarded Phase 3 contract for Agility Prime program

The rigorous program will continue experimentation and flight testing of the composite eVTOL aircraft, closely following behind U.S. eVTOL developers like Joby, Archer and Beta Technologies.

News Published on 9/2/2022
FACC records notable revenue growth, scheduled earnings improvement for second quarter

Positive market development continued into Q2 2022, backed by a 12.5% year-on-year revenue increase and a doubled EBIT as the result of global growth in the aviation industry.

 

News Published on 1/29/2024
FACC to fabricate essential components for Eve's eVTOL

Horizontal and vertical tail, aileron, and rudder and elevator will be developed and manufactured for the lift + cruise aircraft, scheduled to enter service in 2026.

Article Published on 12/20/2023
Top 10 CompositesWorld news items of 2023

Explore 2023’s standout moments in the composites industry with CW's compilation of the top 10 news articles, determined by Google Analytics. 

News Published on 2/25/2022
People in Composites: February 2022

New hires, appointments and personnel promotions have been announced by Teijin Ltd., Vectorply, Engel North America, Wisk, Trelleborg, Lockheed Martin, Thermwood, Archer and more.

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