Archer delivers first aircraft to US Air Force news Yves Le Marquand 16 Aug 24 0 Archer Aviation has delivered its first Midnight eVTOL to the US Air Force (USAF) after the Department of Defense accepted the aircraft’s military airworthiness assessment.… Read more
Archer narrows losses to $106.9m news Fayaz Hussain 9 Aug 24 0 Archer Aviation has issued its share holder letter reporting second quarter loss of $106.9m, down from $116.5m in the first quarter of 2024. “This has… Read more
Archer reveals planned Los Angeles air taxi network news Yves Le Marquand 9 Aug 24 0 Archer has unveiled its plans to launch a Los Angeles air mobility network including vertiports at LAX, Van Nuys and Long Beach. The goal is… Read more
Stellantis invests $55m In Archer news Fayaz Hussain 3 Jul 24 0 Automaker Stellantis invests $55m in Archer, electric vertical takeoff and landing (eVTOL) aircraft developer, following the latter’s successful transition flight last month. “Few things rival… Read more
Archer’s Midnight flies first uncrewed transition flight news Yves Le Marquand 12 Jun 24 0 Archer has published visuals of the first full transition flight of its Midnight aircraft which took place on June 8th at its test facilities… Read more
Archer gets FAA green light to begin commercial airline operations news Yves Le Marquand 5 Jun 24 0 Archer’s subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the FAA, allowing it to begin operating aircraft commercially. Operations… Read more
Archer posts $116.5m loss in first quarter; maintains liquidity news Fayaz Hussain 10 May 24 0 Archer Aviation announced first quarter shareholder report declaring a loss of $116.5m in the quarter while sharing progress on the development of its electric vertical… Read more
Archer and Falcon partner on Abu Dhabi to Dubai service news Yves Le Marquand 11 Mar 24 0 Archer has selected Falcon Aviation as its vertiport infrastructure partner in Abu Dhabi and Dubai ahead of launching air taxi services between the two cities… Read more
Archer ends 2023 with clear path to certification news Yves Le Marquand 27 Feb 24 0 Archer’s fourth quarter (Q4) 2023 results further affirm its pathway to certification, scaling and commercialisation. The eVTOL developer, with liquidity of $625m, is in the… Read more
Archer and NASA sign Space Act Agreement news Yves Le Marquand 23 Jan 24 0 Archer has signed a Space Act Agreement with NASA to safety test the battery cells which will power its aircraft Midnight. The agreement begins with… Read more
Archer and Air Chateau agree deal for up to 100 aircraft news Yves Le Marquand 16 Nov 23 0 Archer has signed a deal with Air Chateau International for the planned purchase of up to 100 aircraft. The deal, which could be worth up… Read more
Archer and InterGlobe to launch air taxi services in India news Yves Le Marquand 9 Nov 23 0 Archer and InterGlobe Enterprises have signed a memorandum of understanding (MOU) aimed at launching air taxi services in India. Part of the deal will see… Read more
Setting standards: BETA and Archer agree ‘industry-first’ charger deal news Yves Le Marquand 7 Nov 23 0 BETA Technologies has agreed an industry-first deal to supply its electric aircraft chargers to Archer. Archer will use two of BETA’s Charge Cubes at its… Read more
Archer’s Midnight takes flight in ‘key milestone’ for test programme news Yves Le Marquand 25 Oct 23 0 Archer’s Midnight aircraft has begun flying in a key milestone for the eVTOL’s test programme. The flying of Midnight builds on four years of flight… Read more
Archer deal sees Abu Dhabi as first international service region news Yves Le Marquand 18 Oct 23 0 Archer and Abu Dhabi Investment Office (ADIO) have agreed to make Abu Dhabi the eVTOL maker’s first international service region. The plan is to begin… Read more