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Adam Goldstein

Archer

Archer expects to deliver first revenue generating aircraft this year

news
Yves Le Marquand
28 Feb 25
0

Archer Aviation said its expects to deliver its first revenue generating eVTOL aircraft later this year to helicopter operator Abu Dhabi Aviation.  The eVTOL aircraft…

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Archer

Archer raises $300m to further defence venture

news
Yves Le Marquand
11 Feb 25
0

Archer has raised $301.75m to continue development of its hybrid aircraft platform designed initially for the defence market.  This raise, lead by investors including BlackRock,…

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Archer

Archer raises $430m following new Anduril partnership

news
Yves Le Marquand
12 Dec 24
0

Anduril and Archer are to jointly develop a hybrid-VTOL aircraft for defence use cases, leading the eVTOL developer to raise a further $430m to support…

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Archer

Archer’s expenses soar in Q3 amid manufacturing ramp-up

news
Fayaz Hussain
8 Nov 24
0

Archer reported widening losses in the third quarter of 2024, as the eVTOL manufacturer continues its push toward commercialisation. The company’s net loss expanded to…

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FAA

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.…

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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…

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Archer

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…

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Archer EVTOL prototype parked on runway. Stellantis invests $55m in Archer to help company progress towards commercialisation.

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…

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Archer

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…

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Archer EVTOL prototype parked on runway. Stellantis invests $55m in Archer to help company progress towards commercialisation.

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…

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Archer

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…

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Archer

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…

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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…

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Archer

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…

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Archer

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…

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Latest news
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