Archer expects to deliver first revenue generating aircraft this year

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Yves Le Marquand

28 Feb 25

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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 raises $300m to further defence venture

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Yves Le Marquand

11 Feb 25

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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 raises $430m following new Anduril partnership

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Yves Le Marquand

12 Dec 24

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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’s expenses soar in Q3 amid manufacturing ramp-up

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Fayaz Hussain

8 Nov 24

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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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Archer delivers first aircraft to US Air Force

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Yves Le Marquand

16 Aug 24

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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

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Fayaz Hussain

9 Aug 24

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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 reveals planned Los Angeles air taxi network

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Yves Le Marquand

9 Aug 24

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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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Stellantis invests $55m In Archer

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Fayaz Hussain

3 Jul 24

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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’s Midnight flies first uncrewed transition flight

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Yves Le Marquand

12 Jun 24

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  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 gets FAA green light to begin commercial airline operations

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Yves Le Marquand

5 Jun 24

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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 posts $116.5m loss in first quarter; maintains liquidity

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Fayaz Hussain

10 May 24

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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 and Falcon partner on Abu Dhabi to Dubai service

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Yves Le Marquand

11 Mar 24

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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

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Yves Le Marquand

27 Feb 24

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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 and NASA sign Space Act Agreement

news

Yves Le Marquand

23 Jan 24

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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 and Air Chateau agree deal for up to 100 aircraft

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Yves Le Marquand

16 Nov 23

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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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