New stealth eVTOL startup Archer has plans to debut aircraft in 2021 - Business Insider

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A new urban air mobility startup has been operating in secret with aims to begin testing its own electric VTOL aircraft by 2021

Taking some of the best in the VTOL and urban air mobility field, Archer's talent pool boasts the likes of Tom Muniz, formerly VP of engineering at Boeing and Kitty Hawk's partnershipand Geoff Bower, formerly chief engineer at Airbus Acubed's eVTOL project Vahana. The startup is also backed by Marc Lore, who runs Walmart's eCommerce division and founded Jet.com after a series of massive deals for his companies totaling over $3 billion.

In between trips, the aircraft will spend around 20 minutes to unload, recharge, and load back up again for the return flight. The company plans to reveal the final design at a later date, with a timeline of around five years before market entry. The first phase when launching the new aircraft will likely be using existing heliport infrastructure and then potentially investing in more heliports, or "vertiports," to expand the bounds of the operation. Safety will be a critical factor as the nascent industry will be dependent on consumer confidence and even one catastrophic incident could be enough to ground the entire field.

The aircraft themselves will be built with additional safety features to ensure that customers have confidence in the new aircraft as they would the traditional helicopters that eVTOLs seek to replace.

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