Archer stock rises after successful test flight in Abu Dhabi

Published 02/07/2025, 13:50
© Reuters.

Investing.com -- Archer Aviation Inc. (NYSE:ACHR) stock rose 2% after the company completed its first test flight of the Midnight aircraft in Abu Dhabi, marking a significant step toward commercial deployment in the UAE.

The flight, conducted at Al Bateen Executive Airport, was witnessed by senior leadership from various UAE authorities and Archer’s regional partners. The test focused on evaluating the aircraft’s vertical takeoff and landing performance in UAE-specific conditions, including temperature, humidity, and dust exposure.

Following this milestone, Archer plans to expand its flight-testing program in the region to gather additional data supporting certification and commercialization efforts in both the UAE and other markets. The test flight is part of Archer’s Launch Edition commercialization program with Abu Dhabi Aviation, which aims to establish air taxi services in the emirate.

"Our initial test flight operations in the UAE represent a critical milestone as we prepare for our commercial deployment in Abu Dhabi," said Adam Goldstein, CEO and Founder of Archer Aviation. "Testing our aircraft in actual operating conditions in the middle of summer provides us with the data we need to progress our commercial and certification efforts both in the UAE and in the U.S."

H.E. Badr Al-Olama, Director General of the Abu Dhabi Investment Office, noted that the flight "marks a significant step towards realising Abu Dhabi’s ambition to lead the world in advanced urban air mobility."

The company’s efforts in Abu Dhabi build on recent achievements, including regulatory design approval for the UAE’s first hybrid heliport at Abu Dhabi Cruise Terminal.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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