Chief Future Officer: Mark Mesler, Archer
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 15 November 2023
⏱️ 24 minutes
🧾️ Download transcript
Summary
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries. This episode, hosted by Ed Ludlow, focuses on Archer CFO Mark Mesler. He's steering the aviation company's finances through the pre-revenue phase as it prepares to bring an eVTOL -- electric Vertical Takeoff and Landing aircraft -- to market in 2025, when the FAA has said it will begin to allow operation of these vehicles as air taxis.
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Transcript
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| 0:00.0 | This podcast is brought to you by Workday, the Finance and HR system for a changing world. |
| 0:05.6 | Workday delivers real-time data and insights to help your finance team make smart decisions fast and plan for what's next. |
| 0:12.4 | Learn more at Workday.com. |
| 0:15.0 | Since founding Archer Aviation in 2018 Adam Goldstein has been |
| 0:21.0 | constructing a very real business based on a very vivid vision. |
| 0:25.6 | Imagine you have a flight. It's in 30 minutes. You're just leaving your house. You can now |
| 0:31.1 | hop into a vehicle that can fly you to the airport in five minutes. |
| 0:34.0 | We're building the future of aerospace, the future of aerial ride sharing. |
| 0:39.0 | That's what electric vertical takeoff and landing aircraft can do. |
| 0:42.0 | Electric vertical takeoff and landing aircraft can do. Electric, vertical, take off and land EV tolls for short. |
| 0:47.0 | These are aircraft designed to carry passengers short distances at high speeds running |
| 0:52.0 | on batteries that recharge within minutes. |
| 0:54.8 | It sounds like science fiction. |
| 0:56.8 | We're talking about an air taxi or a flying taxi or aerial ride sharing, which is hard to fathom for a lot of people anywhere in the world. |
| 1:06.4 | Electric air taxis were really introduced to the world by being called flying cars. |
| 1:12.0 | Very similar to cars, like a car with a wing. |
| 1:14.0 | But the concept of calling these products |
| 1:18.0 | flying cars really creates this sense that these products are many many years off. |
| 1:23.8 | When the reality is, the products are very close to coming to market. |
| 1:27.5 | How close? You will see these products come to market by the year 2025. |
| 1:31.8 | 2025 is when the Federal Aviation Administration has laid out a plan for EV tolls to begin |
| 1:38.9 | limited commercial operations. |
... |
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