Strong Liquidity Position
Archer ended Q1 2025 with $1.03 billion in cash and cash equivalents, the highest cash balance in the industry, excluding an additional $400 million in funding from Stellantis.
Progress in UAE Launch Plans
Archer remains on track to deliver its first piloted aircraft to Abu Dhabi Aviation in the UAE later this year, with plans to conduct region-specific testing and deployment.
Strategic Partnerships
Archer has formed significant partnerships with companies like Anduril and Palantir, focusing on defense aviation and AI-driven aviation technologies.
Advancement in Midnight Aircraft Program
Archer is entering the piloted testing phase for their Midnight Aircraft, with flight testing expected to begin imminently.
Successful Fundraising
Archer closed an additional $300 million of equity capital in Q1 2025.