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Archer Receives Part 145 Certification From the Federal Aviation Administration
SANTA CLARA, Calif., Feb. 08 /BusinessWire/ -- Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that it received its Part 145 certification from the Federal Aviation Administration (FAA). Under FAA regulations, Archer is now authorized to perform specialized aircraft repair services while maintaining the highest levels of safety and compliance, a key requirement for operating a commercial aviation business. Today's certification reinforced Archer's close collaboration with the FAA and reinforced its progress on the path toward commercial flight operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240208834555/en/  Archer receives part 145 certification from the Federal Aviation Administration. (Photo: Business Wire) "This is a major vote of confidence from the FAA on Archer's promise and potential for operating a full-scale urban air mobility service in cities across the country," said Adam Goldstein, Founder and CEO of Archer. "As we continue to rapidly advance towards commercial operations, we will be working closely with the FAA and regulators around the world to ensure Archer's aircraft are safe and ready to transform mobility, providing a sustainable, low noise, and cost competitive alternative to decongest our biggest cities." The FAA's Part 145 certification is essential for commercial aviation operators and original equipment manufacturers (OEMs), authorizing them to conduct specific maintenance and repair tasks on crucial aircraft components such as airframes. This certification represents a commitment to stringent safety and operational standards, including the meticulous handling and shipment of hazardous materials. It further demonstrates that Archer is prepared to operate repair stations that meet the FAA's rigorous safety and quality benchmarks. As a mark of trust and reliability, it guarantees that maintenance and repairs are executed by authorized experts, ensuring that operations like Archer's adhere strictly to federal regulations, thus enhancing the safety and security of airline operations and passenger travel. Archer's goal is to transform urban travel, replacing 60-90-minute commutes by car with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise, and cost-competitive with ground transportation. Archer's Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights. About Archer Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer's mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA. To learn more, visit www.archer.com. Forward-Looking Statements This press release contains forward looking statements regarding Archer's business plans and expectations, including statements regarding its aircraft performance and the timing of Archer's development, commercialization, and certification of its eVTOL aircraft. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. The risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Archer's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, available at www.sec.gov. In addition, please note that any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.
Source: Archer
View source version on businesswire.com: https://www.businesswire.com/news/home/20240208834555/en/
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