Aircraft

Archer Aviation signs $500M order for 100 Midnight aircrafts

image credit: Archer Aviation

Archer Aviation Inc. and Soracle Corporation, a joint venture newly established by Japan Airlines and Sumitomo Corporation, signed agreements focused on bringing advanced air mobility (AAM) services to Japan.

Soracle plans to launch its AAM operation in Japan using Archer’s Midnight aircraft, with the goal of offering electric air taxi flights in cities where existing ground transportation is constrained by traffic or geographic barriers.

To do so, Soracle has obtained the right to place aircraft orders of up to 100 Midnight aircraft, totalling approximately $500M, which would include pre-delivery payments based on certain milestones in advance of aircraft delivery.

Soracle will develop a variety of flight routes in attractive areas for residents as well as domestic and international visitors.

Route locations could include places like Tokyo, Osaka, Nagoya, Hokkaido, Setouchi and Okinawa with the aim of establishing a transportation network that creates new value through mobility in the sky.

Archer and Soracle will work closely with the Japanese Civil Aviation Bureau (JCAB) to obtain the necessary permissions and certifications.

Archer and JCAB have already begun discussions and Archer intends to work to certify our aircraft in Japan.

To memorialize this joint agreement, Soracle and Archer held a signing ceremony in Tokyo on September 26, 2024.

Andrew Cummins, senior director of business development at Archer said: “Japan is widely respected for its forward thinking approach to transportation and this investment into advanced air mobility is yet another example of that.

“We’re proud to stand with Soracle ahead of this new era of flight, together, we are committed to bringing an innovative, sustainable and convenient transportation alternative to the country.”

Yukihiro Ota, chief executive officer at Soracle said: “Through the operation of eVTOL aircraft, Soracle aims to enrich lives and society by creating more accessible air transportation services in Japan.

“We will provide safe and reliable services to passengers by making the most of the wealth of knowledge we have accumulated at Japan Airlines and Sumitomo Corporation.

“Today’s announcement is a first step towards making the future we envision a reality.”

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