Archer signs framework agreement for multi-hundred-million dollars to accelerate commercial air taxi operations across uae

Abu dhabi, united arab emirates--(business wire)--archer aviation inc., a leader in the development of electric vertical takeoff and landing (evtol) aircraft, announced the signing of a framework agreement in abu dhabi today at the driftx mobility event, held at the yas marina circuit showcasing the latest in advanced urban mobility, driving discussions, collaboration, and innovation across the sector. this agreement covers multi-hundred-million dollar investments to accelerate archer's planned.
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