All Updates

All Updates

icon
Filter
Partnerships
Archer Aviation partners with InterGlobe Enterprises to launch electric air taxi service in India
Passenger eVTOL Aircraft
Nov 9, 2023
This week:
Product updates
Hexagon unveils Advanced Compensation for metal 3D printing
Additive Manufacturing
Nov 22, 2024
Funding
Eden AI raises EUR 3 million in seed funding to accelerate product development
Generative AI Infrastructure
Nov 21, 2024
M&A
Wiz acquires Dazz to expand cloud security remediation capabilities
Next-gen Cybersecurity
Nov 21, 2024
Partnerships
Immutable partners with Altura to enhance Web3 game development and marketplace solutions
Web3 Ecosystem
Nov 21, 2024
Funding
OneCell Diagnostics raises USD 16 million in Series A funding to enhance cancer diagnostics
Precision Medicine
Nov 21, 2024
Partnerships
BioLineRx and Ayrmid partner to license and commercialize APHEXDA across multiple indications
Precision Medicine
Nov 21, 2024
Product updates
SOPHiA GENETICS announces global launch of MSK-IMPACT powered with SOPHiA DDM
Precision Medicine
Nov 21, 2024
Product updates
Biofidelity launches Aspyre Clinical Test for lung cancer detection
Precision Medicine
Nov 21, 2024
Partnerships
Spendesk partners with Adyen to enhance SMB spend management with banking-as-a-service solution
Business Expense Management
Nov 21, 2024
M&A
Mews acquires Swedish RMS provider Atomize to enhance Hospitality Cloud platform
Travel Tech
Nov 21, 2024
Passenger eVTOL Aircraft

Passenger eVTOL Aircraft

Nov 9, 2023

Archer Aviation partners with InterGlobe Enterprises to launch electric air taxi service in India

Partnerships

  • Archer Aviation, a California-based eVTOL company, has signed a memorandum of understanding with InterGlobe Enterprises, an Indian hospitality conglomerate, to establish an urban air taxi service in India.

  • The two companies intend to work with select in-country business partners to operate Archer’s aircraft, finance and build vertiport infrastructure, and train pilots and other personnel. Furthermore, the partnership proposes to procure up to 200 Midnight aircraft, to cover routes such as the 27-kilometer journey from Delhi's Connaught Place to Gurugram, which takes an hour by car but takes approximately seven minutes when using Archer’s aircraft.

  • Beyond passenger service, the electric aircraft could serve diverse purposes including cargo transport, emergency medical services, and charter flights. These initiatives are pending regulatory approval.

  • Analyst QuickTake: In October 2023 , Archer also partnered with the Abu Dhabi Investment Office to establish its first international headquarters and manufacturing facilities in Abu Dhabi. The company plans to commence air taxi operations in the country in 2026 with the aim of bringing electric air taxis to the UAE.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.