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    Anand Balaji • Cantor Fitzgerald

    Anand Balaji's questions to Archer Aviation Inc (ACHR) leadership

    Anand Balaji's questions to Archer Aviation Inc (ACHR) leadership • Q4 2024

    Question

    Anand Balaji, on behalf of Andres Sheppard from Cantor Fitzgerald, asked for details on the flight test program's ramp-up in 2025 and inquired about Archer's broader vision for commercialization in the Middle East.

    Answer

    COO Thomas Muniz explained that the immediate goal is the first piloted flight, after which multiple other aircraft will enter the test program this year. He noted that the Launch Edition aircraft will also contribute to operational learnings. Muniz added that the Middle East strategy is to monetize the initial 'tens of aircraft' built over the next two years while establishing the infrastructure for scaling, and that this approach has attracted interest from dozens of other countries.

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    Anand Balaji's questions to Archer Aviation Inc (ACHR) leadership • Q3 2024

    Question

    Anand Balaji of Cantor Fitzgerald inquired about the strategic advantages of building a conforming aircraft versus a prototype, the expected delivery timeline for Japan, and the commercialization and market entry plans for the UAE.

    Answer

    Chief Operating Officer Thomas Muniz explained that building a conforming aircraft is a core strategy to optimize for certification and manufacturing from the outset. CEO Adam Goldstein addressed the Japan timeline by referencing previously disclosed production ramps and noted that early deployments would also go to the UAE and testing. Goldstein and Muniz detailed the UAE strategy, highlighting strong local partnerships (ADIO, Etihad, Falcon), a clear regulatory path for a potential Q4 2025 launch, and the plan to leverage existing infrastructure and operators.

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