Archer Aviation (NYSE: ACHR) today revealed plans for three air taxi networks serving Austin, Dallas–Fort Worth and Houston with the goal of increasing connectivity between major airports, business districts, and coastal destinations in the fastest growing megaregion in the United States.
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The Texas Triangle is home to more than 20 million people and several of the fastest-growing metropolitan areas in the country. Commuters in Houston, Dallas–Fort Worth and Austin lose days each year sitting in traffic, with congestion costing the state billions in lost time, productivity, and infrastructure costs.
Archer’s planned air taxi networks in the state are designed to give Texans an option to skip over traffic on its all-electric Midnight air taxi, turning 60–90 minute drives to major airports, business districts and major destinations into 10–20 minute flights.
“Texas is setting the bar for America’s leadership in the next generation of aviation,” said Adam Goldstein, Founder and CEO of Archer Aviation. “Our planned networks will make the benefits of electric air taxis real for Texans — trading hours in traffic for minutes in the air, while connecting the biggest airports, business districts and sporting hubs in ways that America’s largest megaregion needs to grow.”
DALLAS–FORT WORTH
Archer’s planned network in Dallas–Fort Worth will connect major airports including Dallas Fort Worth International Airport, Dallas Love Field, Addison Airport, Arlington Municipal Airport, Fort Worth Meacham International Airport and Perot Field Fort Worth Alliance Airport with major business hubs like Frisco Station. The 242-acre mixed-use development surrounds The Star, the Dallas Cowboys’ world headquarters, and features Class AA office space, residential communities, hotels and a growing Health and Wellness district.
HOUSTON
In Houston, home to some of the nation’s worst congestion, Archer’s planned air taxi network will link the city’s major airports like George Bush Intercontinental Airport, William P. Hobby Airport, and Sugar Land Regional Airport, with the Thompson Hotel Helipad downtown and Galveston, turning the hour-plus drive from the city’s core to the coast into a short flight.
“The race to dominate next-generation aviation is moving faster than ever. Archer Aviation is a prime example of American innovation, demonstrating that the United States has what it takes to be the global standard,” said Senator Ted Cruz. “These three planned networks will not only allow Texans to reclaim their time but also strengthen American leadership in the skies.”
AUSTIN
Austin’s planned network will connect the city’s major airports like Austin-Bergstrom International Airport and Austin Executive Airport with the F1 Circuit Helipad at the Circuit of The Americas – making F1 Grand Prix races minutes away for Texans and visitors.
Today’s announcement comes on the heels of Archer completing the Northern California leg of its ‘No Roads’ flight tour which included multiple flights over the San Francisco Bay. Flying into seven cities over a three day period, Archer gave people across the Bay Area a chance to see the benefits all-electric air taxis can bring to their communities: low noise, zero operating emissions, and the ability to skip over crowded highways.
These flights demonstrated Midnight’s ability to seamlessly integrate into complex urban airspace much like the skies above Houston, Dallas and Austin. Archer plans to fly in Los Angeles next in preparation for LA28 ahead of planned operations in Texas under the White House’s eVTOL Integration Pilot Program (eIPP). To give Texans an up close look at the new technology, Archer will display its Midnight aircraft at the Formula 1 United States Grand Prix from October 22–25.
America’s Consortium for Electric Skyways (ACES), launched by Archer, BETA and Macquarie Capital to electrify up to 250 air taxi sites across America, is working with the Texas Department of Transportation and state and local partners to expand interoperable charging infrastructure across Texas at key locations like airports, FBOs and other points of interest to support operations under the White House’s eIPP. Archer’s planned networks aim to set the region up for air taxi flights across the Texas Triangle as part of the Texas eIPP program.
Archer’s goal with its Midnight aircraft is to transform urban travel, replacing long commutes with quiet, all-electric flights that dramatically reduce travel times compared to traditional ground transportation. Archer’s all-electric Midnight air taxi is designed around the urban air mobility use case with the ability to conduct rapid back-to-back flights with zero operating emissions.
About Archer
Archer builds the aircraft and core technologies that will define the next era of flight for aerospace and defense.
To learn more, visit www.archer.com.
Source: Archer Aviation
Text: ArcherIR
Archer Forward-Looking Statements
This press release contains forward-looking statements regarding Archer’s future business plans, expectations, and opportunities. These statements include those regarding the design, target specifications, potential routes and timing, and use cases of its aircraft; the timing of Archer’s development, commercialization, and certification of its aircraft; plans relating to benefits, expected timing, location, and operations under the eIPP; development of its planned lines of business, products, and opportunities; and anticipated benefits of collaborations with third parties. Forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer’s filings made with the Securities and Exchange Commission from time to time, available at investors.archer.com and at www.sec.gov. Any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.
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