-
Japan Airlines-led consortium, which features Archer's Midnight as the intended aircraft, is selected by the Tokyo Metropolitan Government to participate in the first phase of the "eVTOL Implementation Project" in Tokyo.
-
As part of the project, Archer will work alongside Japan Airlines, Sumitomo Corporation and their JV operating company, Soracle, to build an operating ecosystem in Tokyo, which represents a critical step towards ramping commercial operations in the coming years.
Today Archer Aviation Inc. (NYSE:ACHR) announced the Japan Airlines-led consortium, which features Archer's Midnight Aircraft, was selected by the Tokyo Metropolitan Government to participate in phase one of Tokyo's "eVTOL Implementation Project."
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251104797420/en/
Image is illustrative only and depicts simulated flight operations of Midnight over Tokyo.
Phase one of the project will assess the market and build the operating ecosystem, leading up to planned demonstration flights over Tokyo Bay and river routes, which represents critical steps towards ramping commercial operations in the coming years.
The selection recognizes the strength of the existing strategic partnership Archer has developed with Japan Airlines and Sumitomo Corporation through their joint venture eVTOL operating company, Soracle.
Archer and Soracle previously announced a strategic alliance in November 2024 to jointly launch air taxi operations in Japan, with the goal of offering services in cities where existing ground transportation is constrained by traffic or geographic barriers.
Adam Goldstein, Archer's Founder and CEO, said:
"We applaud the Tokyo Metropolitan Government's ‘eVTOL Implementation Program.' The selection of our consortium to be a part of this innovative government approach gives Archer, together with JAL, Sumitomo Corporation and Soracle, a critical opportunity to help make the promise of urban mobility an everyday reality in Tokyo, the world's largest city."
Takao Suzuki, Executive Officer, Senior Vice President-Innovation of Japan Airlines, said:
"Japan Airlines is honored to work with the Tokyo Metropolitan Government and our consortium partners on the first phase of the eVTOL Implementation Project."
This announcement builds on the recent momentum achieved by Archer in key Asia-Pacific markets. In October, Archer announced an exclusive deal with Korean Air that includes the potential purchase of up to 100 Midnight aircraft.
About Archer
Archer is designing and developing the key enabling technologies and aircraft necessary to power the future of aviation. To learn more, visit www.archer.com.
About Japan Airlines
Japan Airlines (JAL), founded in 1951 as Japan's first private airline, operates a modern fleet of 232 aircraft serving 395 airports across 68 countries. Awarded a 5-Star rating by Skytrax and "World Class" status by APEX, JAL is recognized for exceptional service and a commitment to safety worldwide.
For details and to learn more, visit JAL's official website at https://www.jal.com/en/
Forward-Looking Statements
This press release contains forward looking statements regarding Archer's future business plans and goals, including statements regarding its planned air taxi network commercialization, international expansion and plans and anticipated benefits from collaborations with third parties. In addition, this press release refers to a signed agreement that is conditioned on the future execution by the parties of binding definitive agreements incorporating the terms outlined in this signed agreement, which may not be completed or may contain different terms than those set forth in this signed agreement. These 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 with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, available at www.sec.gov. In addition, please note that 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.
Source: Archer Aviation
Text: ArcherIR
View source version on businesswire.com: https://www.businesswire.com/news/home/20251104797420/en/
Archer Media Contacts
The Brand Amp - Archer@TheBrandAmp.com
