New Delhi, Nov. 21 -- Archer Aviation, a leading U.S. eVTOL (electric vertical takeoff and landing) manufacturer, has signed a landmark agreement with Saudi Arabia's The Helicopter Company (THC) and Red Sea Global, both affiliated with the Kingdom's sovereign wealth fund PIF, to jointly develop and test air taxi operations in Saudi Arabia. The move establishes one of the Middle East's most advanced testbeds for electric air taxis and expands Archer's global commercial strategy.

Under this partnership, the companies will build a structured ecosystem to test Archer's Midnight aircraft, evaluating real-world flight performance, infrastructure readiness, passenger experience, and regulatory pathways. Red Sea Global, one of the region's large...