Archer Aviation Inc. has signed an agreement with PT. Industri Ketahanan Nasional (IKN) to deploy an initial fleet of Midnight aircraft in Indonesia under its "Launch Edition" program. The deal involves a planned purchase of up to 50 Midnight aircraft, valued at up to $250 million, with a focus on establishing air taxi services and exploring additional uses such as logistics and environmental surveillance. Archer and PT. IKN aim to collaborate with Indonesia's Directorate General of Civil Aviation to develop the necessary regulatory framework. This agreement marks Archer's third international deployment of the Midnight aircraft, following similar initiatives in the UAE and Ethiopia.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Archer Aviation Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250615574047) on June 16, 2025, and is solely responsible for the information contained therein.