Electric VTOL Aircraft Startup Archer Plans 150 MPH Four-Seater
eVTOL hopeful, Archer, has announced its official launch. Marc Lore, the CEO of Walmart eCommerce, is the largest investor in the company. Based in Palo Alto, Archer is dedicated to reshaping urban air mobility, focusing on saving time for users in urban areas. Archer is designing a fully electric aircraft that will take off and land vertically, and can carry four passengers for up to 60 miles at speeds of up to 150mph, all using today’s battery technologies. The battery powered aircraft aims to provide a faster, sustainable, and affordable urban transportation option. Archer’s unique design will also offer passengers increased safety while producing minimal noise compared