Archer (ACHR) Taps Jetex to Fast-Track Global eVTOL Launch Plans

Archer Aviation (ACHR) continues to make strategic moves in preparation for commercialization. Today, the company has announced a new partnership with Jetex, a global private aviation services provider, to support the global rollout of its electric air taxi network. The companies plan to upgrade Jetex’s 40 private jet terminals across more than 30 countries to accommodate Archer’s Midnight aircraft.

The agreement, which is currently a memorandum of understanding, begins with a focus on the United Arab Emirates (UAE) and is expected to expand internationally. The two companies will collaborate on passenger experience design, electric aircraft charging infrastructure, and daily operational integration at Jetex terminals. Jetex offers more than terminal space. Its services include fueling, ground handling, trip planning, and concierge support. That experience gives Archer an operational edge as it prepares for commercialization.

Meanwhile, shares of Archer Aviation have risen 4% year-to-date. The company remains in pre-revenue mode but continues to secure partnerships aimed at supporting its first commercial launch, currently targeted for 2025.

Infrastructure as a Launchpad

Archer is betting that using existing airport-style terminals can speed up its global expansion. Instead of building new vertiports from scratch, the company plans to retrofit Jetex locations. That could help lower costs and shorten launch timelines. It also supports Archer’s push to offer a premium service. Jetex serves high-end clients and is known for luxury standards, which aligns with Archer’s upscale air taxi positioning.

This deal adds to Archer’s growing list of infrastructure partners and strengthens its presence in the Middle East. It also has ongoing partnerships with Abu Dhabi Aviation and other regional stakeholders.

The partnership also reflects a broader trend in the urban air mobility space. eVTOL companies are increasingly focusing on infrastructure and passenger logistics as certification efforts progress. Archer’s approach of integrating aircraft and infrastructure under one ecosystem could help reduce third-party dependencies and unlock network effects.

Still, risks remain. The deal is not yet finalized and will depend on obtaining regulatory approvals and entering into additional binding agreements. Timelines for retrofitting and certifying facilities may also vary across regions. Meanwhile, competitors like Joby Aviation (JOBY) and Lilium are advancing their own infrastructure plans and certification milestones.

Is Archer Aviation Stock a Good Buy?

Turning to the Street’s analysts, Archer boasts a Moderate Buy rating. The average ACHR stock price target is $11.75, implying a 15.20% upside.

See more ACHR analyst ratings