5YF Episode #13: Archer Aviation CEO Adam Goldstein

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We’re not in the future until we have flying cars right?! Archer Aviation beings shipping Midnight, its first fully electric air taxi, in 2025 to make the future a reality. Rapid flights of 10-50 miles back and forth at a cost competitive with an Uber. Adam is a bold founder set on proving to the world that urban air travel makes sense. Reinventing where we live, work, and play along the way.

Similar foot print as cars...can use the existing infrastructure there today, so the ability to get to market is actually quite easy versus what everyone is expecting.

What you’ll hear:‍

🛸 Your 2025 commute via flying car

🗽 How cities will be transformed and their boundaries extended

🧭 Designing and manufacturing for speed to market

🤝 Mounting government and regulatory support

♾️ And plenty more!

People will be totally shocked by all the things that will be built around this product that we can’t yet imagine today.

Our guest:

Adam Goldstein is founder and CEO of Archer Aviation, a publicly listed company advancing sustainable air mobility. Archer builds electric vertical takeoff and landing aircraft as part of its quest to develop new urban air mobility networks. Yes we’re talking about flying cars. A future that Archer sees arriving as soon as 2025. Partnering with industry giants like United airlines and NASA, Archer is bringing its first aircraft, called Midnight, to ferry commuters over crowded highways and allow airlines to more efficiently feed their large hubs with passengers from the outer suburbs. Before Archer, Goldstein co-founded and led Vettery, a recruiting software company, which was sold to The Adecco Group for over $100 million.

Flash forward to the year 2030 and you can expect to see vehicles flying around most major cities in the US and really globally.

My takeaway:

Archer shows us a practical way for commuting to take to the skies as soon as next year. Fully electric, quiet, and leveraging existing helicopter infrastructure, it can begin to provide gondolas in the air in areas fraught with congestion. These areas will present an early adopter base with a high propensity to pay for the benefit of winning back time. By partnering with the automotive industry Archer can speed up manufacturing and prove to the world sooner than others that flying cars do make sense. What strikes as transformational is being able to greatly expand the region we operate in day-to-day. If the car created suburbia, what could the flying car deliver?

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- Daniel Darling