KakaoMobility Selects Archer Aviation as its eVTOL Partner and will Fund Archer’s Korean Commercialization Efforts


KakaoMobility plans to own and operate Archer’s Midnight aircraft in Korea, offering electric air taxi flights to its over 30 million registered users on its Kakao T app starting as early as 2026. KakaoMobility and Archer anticipate starting the service in Seoul, one of the most congested cities in the world, where the average commuter spends nearly 90 minutes per day stuck in traffic.


KakaoMobility, along with its consortium partners LG UPlus Corp. and GS E&C, have chosen Archer as their eVTOL aircraft partner to ensure they reach their goal of conducting public demonstration flights with eVTOL aircraft in the country in late 2024. KakaoMobility will pay $7 million in 2024 to Archer as the first installment to help fund early commercialization efforts in Korea, with a second installment in Q1 2025.


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