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Japan Airlines’ and Sumitomo’s joint venture company intends to purchase up to 100 Midnight aircraft to certify and commercialize AAM services across Japan.

400,000-square-foot facility will support Archer's goal of producing up to 650 Midnight aircraft per year.

Over the last 8 months, Archer Aviation has completed a total of 402 test flights with its composites-intensive aircraft, adding to key milestones.

Archer Aviation has made several key announcements including additional secured equity capital, network plans in LA and updates to a contract with the U.S. Air Force.

Following Midnight’s recent flight test milestone, the automaker’s strategic funding agreement buildings on $39 million worth of Archer stock and $110 million investment in 2023.

This is Archer’s second full-scale eVTOL aircraft to achieve this milestone, critical to being able to carry commercially viable passenger payloads.

Final airworthiness criteria provides a solidified path for Archer to achieve type certification for its eVTOL aircraft.

The composite eVTOL developer has now received two key operational certificates required from the FAA to begin operations when Midnight receives type certification.

Proprietary battery pack design integrated into a composite battery enclosure passed extreme impact scenario simulations, setting the stage for upcoming for-credit testing with the FAA.

In tandem with Q2 2023 financial and operation results, Archer secures a $215 million investment, Midnight receives special airworthiness certification and an agreement is reached with Boeing and Wisk for autonomous flight collaboration.