Archer Aviation announces a framework agreement with Abu Dhabi Investment Office to launch flying taxi services in the Emirates 

The agreement supports the acceleration of the operation of Archer Aviation's commercial flying taxi flights throughout the UAE, in addition to the manufacturing of its aircraft within the country and the establishment of helipads for flying taxis in the country. This comprehensive framework agreement contributes to consolidating the position of the Emirate of Abu Dhabi as a world-leading destination in the field of air mobility applications in cities, with the expected launch of flights of the famous “Archer Airlines” aircraft “Midnight” during the next year. .

The aspects of cooperation between the Abu Dhabi Investment Office and Archer Aviation include establishing helipads for flying taxis, supporting its operations in the UAE, and manufacturing the “Midnight” aircraft in the country. Under the agreement, the Abu Dhabi Investment Office will work to launch training programs to develop national cadres capable of working in this sector, and facilitate the establishment of the international headquarters of Archer Aviation, in addition to establishing its global center of excellence in Abu Dhabi.

Commenting on the signing of the agreement, Badr Salim Sultan Al Olama, Acting Director General of the Abu Dhabi Investment Office, said : “Abu Dhabi is leading efforts to launch electric flying taxis globally. The Abu Dhabi Investment Office is pleased to announce the partnership with Archer Aviation, which is one of the most innovative companies in the world.” To provide all means of support to it to establish its international headquarters in Abu Dhabi and to develop a comprehensive investment framework to accelerate its progress towards manufacturing and operating its “Midnight” aircraft in the Emirates.

For his part, Adam Goldstein, founder and CEO of Archer Aviation, said : “Signing this agreement with Abu Dhabi will contribute to accelerating efforts to spread our services throughout the Emirates, as it will provide an incentive to accelerate the launch of our electric flying taxi operations in the country in late 2025.” This agreement confirms the Emirate of Abu Dhabi’s strong commitment to supporting Archer Aviation as part of the Emirate’s endeavor to consolidate its position as a global center for civil air transport. Thanks to the support provided by Abu Dhabi, we will be able to contribute to the advancement of the transportation and civil mobility sector in the Emirate and throughout the world.”

Under this agreement, the Abu Dhabi Investment Office will support the establishment of flying taxi helipads, in cooperation with Archer Aviation and other air taxi companies, in a number of vital locations throughout Abu Dhabi, which will enhance the civil air transport infrastructure necessary for Archer Aviation. To expand its operations .

The signing of the agreement was the result of six-month cooperation, after the Abu Dhabi Investment Office and Archer Aviation announced the signing of a memorandum of understanding during the launch ceremony of the Smart and Autonomous Vehicles Industry Complex ( SAVI ). ) in the year 2023, which aims to shape the future of civil mobility by supporting the innovation and dissemination of applications for smart and autonomous vehicles in the air, land and sea.

Both Abu Dhabi Investment Office and Archer Aviation will continue to work to accelerate the company’s growth in the region. In addition to the support provided by Mubadala Investment Company (Mubadala), the sovereign investment company in the Emirate of Abu Dhabi, Archer Aviation’s operating partners, including Falcon Aviation and... Air Chateau and Gal-Amric announced plans to provide maintenance, overhaul and repair services for Archer Aviation aircraft.

Archer Aviation aims to bring about a radical change in the civil air transport sector, replacing trips that take 60 to 90 minutes by car with flying taxi trips that last 10 to 20 minutes, which are characterized by being safe, sustainable, low noise and cost-competitive with transportation. Wild. The Midnight electric plane can accommodate four passengers and is designed to make quick, consecutive flights with minimal charging time between flights.