Archer Reveals Plans for Miami Air Taxi Network

<p>Archer Aviation&comma; which is developing electric vertical take-off airplanes&comma; has revealed plans for a Miami metropolitan area based air taxi network&period; Archer’s goal is to connect major population and business centers in South Florida&comma; including Miami&comma; Fort Lauderdale&comma; Boca Raton and West Palm Beach via 10 &&num;8211&semi; 20 minute electric flights&comma; bypassing ground-based traffic and unlocking a new mobility ecosystem in the air that is safe and efficient&period;<&sol;p>&NewLine;<p>The network is also intended to offer efficient travel options between the region’s three major international airports&colon; Miami International Airport &lpar;MIA&rpar;&comma; Fort Lauderdale–Hollywood International Airport &lpar;FLL&rpar; and Palm Beach International Airport &lpar;PBI&rpar;&comma; as well as several strategic general aviation airports in the area&period;<&sol;p>&NewLine;<p>To support this mobility effort&comma; Archer is working with leading infrastructure and real estate partners to ready existing helipad infrastructure and stand up new-build vertiports&colon;<&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><b>Related Ross<&sol;b> plans to partner with Archer to develop a vertiport within its West Palm Beach downtown development&comma; creating a new premium mobility hub in the region’s fastest-growing commercial center&period;<&sol;li>&NewLine;<li><b>Hard Rock Stadium&comma; a premier sports and entertainment destination&comma;<&sol;b> and <b>Apogee Golf Club&comma; one of the country’s most prestigious golf clubs&comma;<&sol;b> feature existing helipads that will be readied for electric operations&comma; enabling air taxi&period; Hard Rock Stadium is home to the Miami Dolphins&comma; the University of Miami Hurricanes&comma; the Formula 1 Crypto&period;com Miami Grand Prix&comma; Miami Open presented by Itau&comma; and many other major global events&period;<&sol;li>&NewLine;<li><b>Dragon Global’s Magic City Innovation District®<&sol;b> in Miami’s Little Haiti plans to develop a vertiport site to bring air taxis to one of Miami’s most ambitious mixed-use technology and innovation communities&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Francis Suarez&comma; Mayor of Miami&comma; commented&comma; &OpenCurlyDoubleQuote;Miami has never been afraid to bet on the future&period; We’re a city that attracts visionaries&comma; embraces breakthrough technology&comma; and turns bold ideas into real impact&period; For years&comma; I’ve worked with Archer as they’ve advanced a vision for an air-taxi network that will elevate Miami’s position as a global capital for innovation and mobility&period; What they’re building isn’t just transformational transportation&comma; it embodies the Miami mindset&colon; we lead&comma; we innovate&comma; and we redefine what’s possible&period;”<&sol;p>&NewLine;<p>&&num;8220&semi;Our partnership with Archer marks a pivotal step in expanding South Florida&&num;8217&semi;s regional connectivity through cutting-edge technology&comma;” said Stephen Ross&comma; CEO and Chairman of Related Ross and Owner of the Miami Dolphins&comma; &OpenCurlyDoubleQuote;We are integrating Archer’s electric vertical takeoff and landing aircraft into our flagship locations across South Florida&comma; including the Hard Rock Stadium in Miami&comma; Related Ross developments in West Palm Beach&comma; and Apogee Club in Hobe Sound&period; We’re excited to embrace a forward-thinking vision that transforms how people and businesses move across the region&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Archer’s Midnight aircraft is a piloted aircraft designed to carry four passengers and perform rapid back-to-back trips with minimal charge time between flights&period; Midnight has the potential to replace 60-90-minute commutes by car with 10-20-minute electric air taxi flights that are safe&comma; sustainable&comma; low-noise and cost-competitive with ground transportation&period;<&sol;p>&NewLine;