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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cloud startup BetterCloud used this pitch deck to raise $75 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft launches Cloud for Healthcare - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

PayPal adds QR code payments to its app - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can’t wait to see that happening. I also wish 7-11 will use it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How the 6 top ad holding companies plan to return to work - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »