Electric vertical take-off and landing (eVTOL) aircraft developer Archer Aviation has raised $300 million in a funding round that included participation from institutional investors along with funds a...
California based eVTOL manufacturer Archer Aviation has reported “steady” progress during its third quarter, highlighting the near completion its new manufacturing facility and continued momentum towa...
Archer Aviation has completed 402 test flights for its eVTOL aircraft Midnight this year, it said on September 3, 2024. This places its testing plans four months ahead of schedule. The over 400 fli...
Archer Aviation has now closed on $220 million of its $230 million of additional capital raised since the end of the second quarter. The $10 million remaining is in the form of a committed investment ...
American eVTOL manufacturer Archer Aviation is set to launch an air mobility network in Los Angeles. The company plans for passengers to fly on Archer’s Midnight aircraft which will fly between dif...
Archer Aviation has delivered its first Midnight aircraft to the United Sates Air Force to evaluate as part of its AFWERX Agility Prime contract valued at up to $142 million. Last month the US Depa...
Future Flight Global (FFG) has signed a memorandum of understanding (MoU) with Archer with the intention of purchasing up to 116 of the eVTOL developer's Midnight aircraft. The MoU is valued at around...
American eVTOL manufacturer Archer Aviation reported a net loss of $106.9 million during the second financial quarter of 2024, widening its net loss of $184.1 million in the same period last year. The...
Southwest Airlines and Archer Aviation have signed a memorandum of understanding (MoU) to develop operational plans for electric air taxi networks utilising Archer's eVTOL aircraft 'Midnight' at Calif...
Archer Aviation has secured an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of Archer's transition flight test milestone...
Archer Aviation is set to gain access to Signature Aviation's private aviation terminal network after the two parties signed a memorandum of understanding (MoU) on June 17, 2024. Signature has a netwo...
Archer Aviation has received its part 135 air carrier & operator certificate from the Federal Aviation Administration (FAA) on June 5, 2024. This certificate allows Archer to begin operating aircra...
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