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 signs deal with Japan Airlines joint venture, including up to 100 air taxis

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Yves Le Marquand

8 Nov 24

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Archer Aviation and Soracle, a new joint venture by Japan Airlines and Sumitomo Corporation, signed agreements focused on bringing AAM services to Japan. Soracle plans…

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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’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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Stellantis buys additional 8.3m shares in Archer Aviation

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Fayaz Hussain

21 Mar 24

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Automaker Stellantis announced that it has purchased an additional 8.3m shares of Archer Aviation via open market. “Archer has established itself as a market leader…

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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 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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Archer and InterGlobe to launch air taxi services in India

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Yves Le Marquand

9 Nov 23

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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…

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Archer deal sees Abu Dhabi as first international service region

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Yves Le Marquand

18 Oct 23

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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…

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Archer and DoD deal expansion sees order for six Midnights

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Yves Le Marquand

31 Jul 23

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Archer has signed new contracts with the US Department of Defense worth $142m including delivery of six Midnight aircraft that will supplement helicopter operations. This…

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Archer begins construction on Covington manufacturing facility

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Yves Le Marquand

8 Mar 23

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Archer Aviation has begun construction on its Georgia-based manufacturing facility, closing the local incentive transaction. The planned approximately 350,000sqft facility, located adjacent to the Covington…

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