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Abu Dhabi is positioned as one of the leaders in urban air mobility
The UAE's Abu Dhabi Investment Office (ADIO) has signed a framework agreement with Archer Aviation Inc, a leader in the development of electric vertical take-off and landing (eVTOL) aircraft.
Archer’s goal is to transform urban travel, replacing 60- to 90-minute commutes by car with estimated 10- to 20-minute electric air taxi flights that are safe, sustainable, quiet and cost-competitive with ground transportation.
Archer’s aircraft, the Midnight, is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights
The signing of the agreement between Adio and Archer means commercial air taxi operations in the UAE could launch as early as 2025.
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The move positions Abu Dhabi as one of the world’s leaders in promoting urban air mobility. Under the agreement, ADIO will also ensure local workforce development programmes for Emirati talent and facilitate the establishment of Archer’s international headquarters and Centre of Excellence in Abu Dhabi.
Archer founder and CEO, Adam Goldstein said: “This substantial agreement with Abu Dhabi is a pivotal moment for Archer’s commercialisation efforts across the Emirates, as it catalyses the launch of our electric air taxi service in the UAE as soon as late 2025.
"The agreement underscores Abu Dhabi’s strong commitment to Archer and conviction to become a global hub for urban air mobility. With Abu Dhabi’s support, we are poised to continue leading the transformation of urban transportation in the emirate and across the globe.”
ADIO director-general of Badr Al-Olama added: “Abu Dhabi is leading the way in accelerating the launch of electric air taxis globally, and ADIO is proud to partner with Archer as one of the world’s most innovative companies. We are excited to support Archer toward establishing its international headquarters in Abu Dhabi, and to develop a comprehensive investment framework that will accelerate its progress towards manufacturing and operating its Midnight aircraft in the UAE.”
For more information, visit www.archer.com
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