Beta Tech

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Archer, BETA & Macquarie Launch U.S. eVTOL Charging Consortium - $Archer Aviation(ACHR.US) $Beta Tech(BETA.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐀𝐫𝐜𝐡𝐞𝐫, 𝐁𝐄𝐓𝐀, and 𝐌𝐚𝐜𝐪𝐮𝐚𝐫𝐢𝐞 launch 𝐀𝐂𝐄𝐒 consortium.

➤ ACES targets electrifying up to 𝐵𝟓𝟎 air taxi sites over a decade.

➤ Network will deploy 𝐂𝐂𝐒-based interoperable charging infrastructure nationwide.

➤ Initial focus includes airports and vertiports in 𝐂𝐚𝐥𝐢𝐟𝐨𝐫𝐧𝐢𝐚, 𝐓𝐞𝐱𝐚𝐬, 𝐅𝐥𝐨𝐫𝐢𝐝𝐚, and 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤.

➤ Consortium supports the 𝐅𝐀𝐀'𝐬 𝐞𝐕𝐓𝐎𝐋 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐏𝐢𝐥𝐨𝐭 𝐏𝐫𝐨𝐠𝐫𝐚𝐦.

➤ 𝐁𝐄𝐓𝐀 will supply interoperable charging hardware for every site.

➤ 𝐀𝐫𝐜𝐡𝐞𝐫 plans to anchor the network with passenger air taxi operations.

➤ 𝐌𝐚𝐜𝐪𝐮𝐚𝐫𝐢𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 will help arrange infrastructure investment and financing.

➤ Shared charging network supports passenger, cargo, medical, and airport ground vehicles.

➤ Consortium aims to create an open infrastructure model for the entire eVTOL industry.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:

𝐃𝐚𝐧 𝐄𝐝𝐰𝐚𝐫𝐝𝐬, Principal Deputy Assistant Secretary for Aviation and International Affairs at the U.S. Department of Transportation:

"The eVTOL Integration Pilot Program is about more than just getting electric aircraft flying in American cities - it's about building the infrastructure ecosystem needed to support commercial operations. By bringing 250+ interoperable charging sites in eIPP markets and beyond, America’s Consortium for Electric Skyways is helping to lay the foundation for the United States to win in the next era of advanced aviation."

𝐀𝐝𝐚𝐦 𝐆𝐨𝐥𝐝𝐬𝐭𝐞𝐢𝐧, Founder & Chief Executive Officer of Archer Aviation:

"Electric air taxi operations can't scale without the infrastructure to charge them. That's why we're building the backbone to support the next 250 years of electric aviation in America. We're putting interoperable chargers in the locations where we plan to fly, including the core eIPP markets, and using the industry-adopted charging standard so every operator can share in their usage and distribute the cost across the whole industry. This is how you build the foundation for the next-gen aviation technologies that will transform how Americans move through their cities.”

𝐊𝐲𝐥𝐞 𝐂𝐥𝐚𝐫𝐤, Founder & Chief Executive Officer of BETA Technologies:

"The infrastructure required to open our nation’s airports and future vertiports to advanced air mobility is a fraction of what people expect. By deploying interoperable chargers built on an open standard, we're putting in place nearly all the physical infrastructure this industry needs, built so every operator can use it."

𝐃𝐚𝐯𝐢𝐝 𝐅𝐚𝐫𝐤𝐚𝐬, Managing Director, Aerospace, Defense & Government Services, Macquarie Capital:

“Macquarie Capital has spent three decades building essential infrastructure that powers economies around the world. This consortium brings together the right combination of technology, operations, and advice on arranging capital to do the same for electric aviation. We are helping to build the foundation of a national network that every eVTOL manufacturer can rely on, and a template for how partnerships can accelerate the next generation of urban mobility in America and beyond."