Significant Government Support and Strategic Partnerships
Archer Aviation received unprecedented support from the U.S. government, highlighted by multiple presidential executive orders and a national priority to showcase air taxis at the 2028 L.A. Olympics. Archer was selected as the official air taxi provider for the Olympics.
Manufacturing and Fleet Expansion
Archer is ramping up manufacturing with six additional Midnight aircraft in production, aiming to support certification programs and early commercial deployments. The company is on track to have a fleet of eight Midnight aircraft.
International Expansion and Revenue Generation
Archer has expanded its launch edition program internationally, with operations in the UAE, Ethiopia, and Indonesia. This includes a multiyear commercial partnership with Abu Dhabi Aviation and the Abu Dhabi Investment Office, expected to generate tens of millions of dollars for Archer.
Defense Strategic Acquisitions
Archer completed two strategic acquisitions, acquiring Overair's patent portfolio and a defense composite manufacturing facility, strengthening its defense capabilities and positioning Archer Defense as a strategic pillar of the business.
Record Liquidity and Financial Health
Archer closed Q2 2025 with $1.7 billion in cash and cash equivalents, marking the fourth consecutive quarter of record liquidity, and completed an $850 million financing round in June.