Less than a month after announcing plans to implement commercial air taxi services in the UAE, eVTOL developer Archer Aviation has signed a separate agreement with InterGlobe Enterprises to bring its zero-emissions aircraft mobility to India, pending regulatory approvals.
Archer Aviation ($ACHR) is an electric vertical takeoff and landing (eVTOL) aircraft developer that has had its sights set on commercial air taxi operations long before debuting its flagship Midnight aircraft in late 2022.
By May of this year, Archer had begun rolling Midnight eVTOLs off its assembly lines with the help of longtime investor Stellantis, who provided additional funds over the summer, alongside United.
Since then, Archer has found another suitor in the US Air Force, which signed a contract for aircraft purchases worth up to $142 million. Just last month, the company…