Archer Aviation (ACHR) is back in the spotlight, and this time it’s for a reason investors watch closely: cash runway. According to top investor Yiannis Zourmpanos, Archer now holds around $2 billion in liquidity after securing an additional $850 million in June 2025. That kind of financial firepower puts Archer in a strong position as it competes to bring electric vertical takeoff and landing (eVTOL) aircraft from concept to commercial reality.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The company’s cash burn remains steady at $100 million per quarter. That discipline matters. It allows Archer to keep building and testing while sidestepping the kind of funding stress that has grounded many early-stage aerospace ventures.
Big Backers and Liquidity
Archer’s liquidity supports key 2025 goals. These include piloted test flights, a launch in the UAE backed by Abu Dhabi Aviation, and scaling up for defense and commercial production. Strategic partners, including Stellantis (STLA), United Airlines (UAL), BlackRock (BLK), and ARK Invest, continue to support the company, with Stellantis holding an 11% stake and an additional $400 million in potential investment.
While the company has yet to generate revenue, Zourmpanos notes that a $250 million preliminary order from Indonesia could kick off its commercial phase later in fiscal 2025 or 2026. The company is also working with partners like Jetex, Palantir (PLTR), and Anduril to prepare for both civil and dual-use defense applications.
Archer ended Q1-FY25 with $1.03 billion in cash. The $850 million capital raise in June strengthens that position. In comparison, Joby Aviation (JOBY) had $813 million in cash at the end of Q1, while Vertical Aerospace (EVTL) had only $89 million. That gap could prove critical as companies navigate certification timelines, which remain the biggest risk in the space.
A $170 Billion Market by 2034
Market forecasts add to the intrigue. Precedence Research projects the eVTOL aircraft market will grow from $2.1 billion in 2024 to $170 billion by 2034. Archer aims to be one of the first players with a certifiable, scalable product ready for that demand.
For now, Archer remains a pre-revenue company. But with deep-pocketed backers, a focused operating model, and early traction in both commercial and defense partnerships, the company may be closer to liftoff than many of its rivals.
Is Archer Aviation Stock a Good Buy?
Archer Aviation scores a Moderate Buy rating based on 6 analysts. The average ACHR stock price target is $11.75, implying an 18.93% upside.
