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Archer Aviation and Air Chateau International Ink $100 Million Deal for Midnight eVTOLs, Paving the Way for AAM Services in Dubai and Abu Dhabi

November 20, 2023 by Miriam McNabb 4 Comments

Archer Aviation, an American manufacturer of eVTOLs, and Air Chateau International, an advanced air mobility services provider based in the UAE, recently announced a Memorandum of Understanding signed at the Dubai Air Show covering a planned purchase of over $100 million worth of Midnight eVTOLs with an initial deposit due by the end of the year. While the companies still plan on working out further details, this deal establishes Air Chateau as a new partner in Archer’s previously announced efforts to bring AAM air taxi services to Dubai and Abu Dhabi by 2026.

“It was an honor hosting Air Chateau’s team at the Dubai Air Show 2023 during which they were able to touch, see and feel our aircraft as it headlined the show,” said Archer Founder and CEO, Adam Goldstein. “Their recognition that our Midnight aircraft meets what the customer demands in the UAE market and desire to secure the purchase of up to 100 Midnight aircraft is another exciting validation of our efforts to bring to market an aircraft that will revolutionize how people move in and around cities.”

“This remarkable opportunity signifies the ongoing evolution of Air Chateau, heralding a transformative era in our industry. Embarking on our journey into being an infrastructure provider two years ago for helicopters, today, we stand at the precipice of realizing our vision for the future of urban air mobility with eVTOLs in Dubai and across the UAE. The support of our visionary partners has been instrumental in our journey, and as we unveil this exciting chapter, we are privileged to share a collective vision. We are very grateful for having the opportunity to pave the way for the future of Air Mobility in Dubai with Archer” said Dr. Samir Mohamed, Chairman and Founder of Air Chateau.

This announcement follows recent moves by Archer in the advanced air mobility space, including the planned 2026 opening of an engineering Center of Excellence to support the growing advanced air mobility industry in the UAE with plans to collaborate with local manufacturers to produce eVTOLs. Other recently announced products include new air taxi services in India by 2026 and a Special Airworthiness Certificate for the Midnight from the FAA.

More information on Archer Aviation and the Midnight eVTOL can be found here. 

Read more:

  • Archer Aviation, InterGlobe Enterprises Plan All-Electric Air Taxi Service Across India by 2026
  • Archer eVTOL Midnight Hits Key Milestone, on Schedule for Commercialization in 2025
  • Archer Aviation Scores $215 Million in New Funding, Midnight Gets Special Airworthiness Certificate
  • Archer Aviation and United Airways Establish Air Taxi Route in Chicago [VIDEO]

 

Miriam McNabb

Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry.  Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.
For drone industry consulting or writing, Email Miriam.

TWITTER:@spaldingbarker

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Filed Under: Drone News, Drone News Feeds, Drones in the News, News, Products, Urban Air Mobility, VTOL, VTOL Tagged With: AAM, Air Chateau, Archer Aviation, Midnight eVTOL, UAM

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  1. 3 Archer Aviation Updates That Will Make You Buy the Stock - Pot Profiteer says:
    November 30, 2023 at 10:30 am

    […] stock and Air Chateau International, an AAM services provider in the UAE, inked a Memorandum of Understanding at the Dubai Air Show for a potential purchase exceeding $100 million of Midnight eVTOLs. The deal […]

    Reply
  2. 3 Archer Aviation Updates That Will Make You Buy the Stock - Internationall News says:
    November 30, 2023 at 10:14 am

    […] stock and Air Chateau International, an AAM services provider in the UAE, inked a Memorandum of Understanding at the Dubai Air Show for a potential purchase exceeding $100 million of Midnight eVTOLs. The deal […]

    Reply
  3. 3 Archer Aviation Updates That Will Make You Buy the Stock - Review Guruu says:
    November 30, 2023 at 9:41 am

    […] stock and Air Chateau International, an AAM services provider in the UAE, inked a Memorandum of Understanding at the Dubai Air Show for a potential purchase exceeding $100 million of Midnight eVTOLs. The deal […]

    Reply
  4. 3 Archer Aviation Updates That Will Make You Buy the Stock - Stock Native says:
    November 30, 2023 at 9:29 am

    […] stock and Air Chateau International, an AAM services provider in the UAE, inked a Memorandum of Understanding at the Dubai Air Show for a potential purchase exceeding $100 million of Midnight eVTOLs. The deal […]

    Reply

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