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// Workers AI · dad joke modeWhat did Archer Aviation say? "We're on target.

From Wikipedia, the free encyclopedia
Archer Aviation Inc.
TypePublic
ISINUS03945R1023
IndustryAviation
Founded16 October 2018; 7 years ago (2018-10-16)
Founders
Headquarters
San Jose, California, U.S.
Area served
Worldwide
Key peopleAdam Goldstein (CEO), Tom Muniz (COO), Geoff Bower (CFO)
ProductsElectric aircraft, Electric Air Taxi, Electric Vertical Takeoff And Landing Aircraft
Revenue$1.6 million (Q1 2026)
Increase -$317.3 million (2023)
Total assetsDecrease $578.3 million (2023)
Total equityDecrease $493.3 million (2023)
Number of employees
900 (2025)
DivisionsArcher Air
Archer Brazil
SubsidiariesInsitu 2026‍–‍present
SkyGrid 2026‍–‍present
Wisk Aero 2026‍–‍present
Websitearcher.com

Archer Aviation Inc. is a publicly traded aerospace and defense technology company headquartered in San Jose, California, which is developing eVTOL aircraft for urban air taxi and defense operations.[1][2][3]

Its eVTOL aircraft is designed to allow airline operators to transport people in and around cities in an air taxi service and are claimed to have a range of up to 100 miles (160 km) at speeds of up to 150 miles per hour (240 km/h).[4][5][6][7][8] United Airlines is its first major corporate partner, having conditionally ordered two hundred Archer electric aircraft.[9][10][11]

History

[edit]

Archer was founded on October 16, 2018, by Adam Goldstein and Brett Adcock to develop electric vertical takeoff and landing aircraft.[12][13] The company was originally started by Goldstein and Adcock and privately funded.[14][13][15][16][17] Later, Marc Lore, a Walmart executive, also supported its launch.[18]

In 2022, Adcock departed from both the leadership team and the board.[19][20] Goldstein is currently the sole CEO and Chairman of the Board of Directors of the company.[21][22]

Initially, Archer worked on developing aircraft with the Herbert Wertheim College of Engineering at the University of Florida; Goldstein and Adcock are both alumni.[23] Archer now operates a research lab on the University of Florida's campus in Gainesville, Florida, which was funded by Goldstein and Adcock.[23]

In August 2022, United Airlines paid Archer a $10 million deposit for 100 electric flying taxis.[24] On November 10, 2022, Archer and United Airlines announced plans for the first electric air taxi route in the US, with an initial route between Newark Liberty International Airport and the Downtown Manhattan Heliport. Archer became an IPO (ACHR)on September 20, 2021.

On November 17, 2022, Archer unveiled details of its production vehicle dubbed "Midnight".[25] The aircraft is a piloted, four-passenger air taxi the company said will enter flight testing by the second quarter of 2023 and service by 2025. However, as of late 2026, Midnight has not begun FAA's TIA testing or demonstrated the Midnight's ability to fly in EVTOL with humans on board.

Archer announced its Maker prototype had achieved full remote transition from vertical to horizontal flight on November 29, 2022. This milestone was said to be an important validation step for the flight control systems and aircraft architecture that is also applicable to its Midnight production aircraft.[26]

In January 2023, Archer announced a partnership in which Stellantis, a multinational automobile manufacturer, would provide up to $150 million in equity capital to support Archer's growth and to collaborate on the development and production of Archer's eVTOL aircraft for urban air mobility. The purpose of the partnership solidifies Stellantis as Archer's exclusive contract manufacturer for mass production of its eVTOL aircraft.[27]

In March 2023, Archer and United Airlines announced plans for an electric air taxi route between O'Hare International Airport and Vertiport Chicago on the city's near west side.[28]

On June 5, 2024 Archer received its Part 135 Air Carrier and Operator Certificate from the Federal Aviation Administration (FAA).[29]

In July 2024, Archer and Southwest Airlines established an agreement to develop operational concepts for air taxi networks.[30]

In December 2024, Archer had completed the construction of ARC, a new 400,000 square-foot eVTOL manufacturing facility in Covington, Georgia.[31][32][33]

On Feb, 2025 Archer Aviation received its Part 141 certification from the Federal Aviation Administration (FAA), enabling the company to establish its pilot training academy.[34]

In June 2025, at the Paris Air Show, Archer Aviation and Dubai-based Jetex signed an agreement to collaborate on developing eVTOL facilities, starting in the United Arab Emirates at the Jetex Abu Dhabi private terminal. The partnership, signed by Archer CEO Adam Goldstein and Jetex Founder & CEO Adel Mardini, will see Jetex provide access to its network of private terminals to support the launch of Archer’s Midnight air taxi services in the region.[35][36][37]

In July 2025, Archer Aviation’s Midnight eVTOL aircraft conducted its first test flight outside the United States at Al Bateen Executive Airport in Abu Dhabi. The flight tested performance under UAE-specific conditions—such as high heat, humidity, and dust—and marked a major milestone in advancing Archer’s planned urban air mobility operations in the region. It was supported by the Smart and Autonomous Systems Council (SASC) and observed by senior officials from the UAE General Civil Aviation Authority and related aviation authorities.[38]

In November 2025, Archer acquired Hawthorne Municipal Airport in Los Angeles for US$126 million for use by its EVTOL craft.[39][40]

In August 2026, Archer Aviation acquired Boeing subsidiaries Wisk Aero, Insitu, and Skygrid in exchange for 19.75% of Archer's shares.[41]

Aircraft

[edit]

Maker

[edit]

Maker, Archer's full size demonstrator aircraft, was unveiled on June 10, 2021, at an event in Los Angeles, California. Maker was a fully electric vertical takeoff and landing aircraft with 12 electric propellers:[42] six tilt-props (each with five blades) for forward and VTOL flight and six aft propellers that are stationary (each propeller with two blades) for VTOL-only flight. The aircraft is powered by six independent battery packs.[10][43][44][45][46][13] In November 2021, Archer moved Maker from its headquarters to its flight test facility to start initial test flights.[47] Maker also received its airworthiness certificate to start flight test operations from the FAA in December 2021.[48] Archer completed its first remote flight demo within December 2021.[49][50][51]

Midnight

[edit]

Midnight is Archer’s planned production aircraft. The aircraft was unveiled on November 17, 2022 at an event in Palo Alto, California. Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights. Midnight has 12 propellers: six tilt props in the front of the wing for forward and VTOL flight and six aft propellers that are stationary for VTOL flight only. Midnight is designed to travel at up to 150 mph (240 km/h) with a maximum range of 100 miles (161 km). The aircraft is powered by six independent battery packs. On June 12, 2024, Midnight completed its first remote transition flight without a human on board. Archer flew over 400 test flights in 2024.[52][32][33]

As of mid-2026, Midnight is undergoing piloted EVTOL tests and has not yet flown with a human on board in EVTOL configuration. The Midnight aircraft’s first remote test flight outside the United States took place in July 2025 at Al Bateen Executive Airport in Abu Dhabi, where it was evaluated under local environmental conditions as part of preparations for regional certification.[53]

In February 2026, Archer Aviation announced plans to attempt a piloted transition, as well as integrate Starlink satellite connectivity into its Midnight electric air taxi aircraft. The system is intended to provide reliable communication between the aircraft and ground operations while supporting future urban air mobility services.[citation needed]

Thunder

[edit]
This section is an excerpt from Anduril Industries § Thunder.[edit]

Thunder is a planned autonomous, unmanned ‘attack rotorcraft’, aiming to complement (and potentially replace) the work of attack helicopters, at a time when the latter are proving to be vulnerable in drone-heavy environments,[54] designed to be a “loyal wingman” flying aside helicopters like the Apache and future Cheyenne fleet.[55] The pair of optimum-speed tiltrotors also means that the Thunder can fly similar distances as the Bell MV-75 Cheyenne II, a tiltrotor in development by the Army with a combat range of up to 800 n.m.[56]

Thunder was co-developed with Anduril Industries.

Halo

[edit]

Halo is a planned commercial variant of the Thunder. It uses the same airframe and systems, without weaponry. The plane fits inside a standard shipping container for transport. Halo is targeted at offshore energy supply, heavy freight logistics, maritime operations, and emergency medical cargo transport.[57]

Its top speed 278 kn (515 km/h; 320 mph), with a range of 800 nmi (1,500 km; 920 mi). Its operating ceiling is 18,000 ft (5,500 m). It is powered by a hybrid-electric propulsion system. A generator powers electric motors that drive dual tiltrotors, which provide lift.[57]

Its design is modular. Archer designed the airframe, battery architecture, powertrain, and rotor dynamics, based on commercial supply chains. Anduril integrated the (artificial intelligence) flight software, defense systems, and command-and-control system via its Lattice platform.[57]

Air taxi

[edit]

Archer's aerial ridesharing service, also referred to as Urban Air Mobility (UAM), has been pushed back multiple years and is not yet operational. The launch of the taxi service relies on the launch of the Midnight Aircraft, which has not yet begun FAA Certification[58][59][60] Archer is working with Urban Movement Labs to help build the necessary infrastructure and service routes.[5] It is also working with the City of Miami on similar plans.[58]

See also

[edit]

References

[edit]
  1. ↑ "Archer Aviation Form 8-K". U.S. Securities and Exchange Commission. June 15, 2022. p. 1.
  2. ↑ Avalos, George (January 25, 2022). "Archer Aviation strikes deal to move headquarters to San Jose". The Mercury News.
  3. ↑ "Electric Aircraft Startup Archer To Go Public; United Airlines Invests And Orders Electric Aircraft". Hospitality Ireland.
  4. ↑ Nichols, Greg (February 26, 2021). "Flying cars over Los Angeles by 2024". ZDNet.
  5. 1 2 Korosec, Kirsten (February 23, 2021). "Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024". TechCrunch.
  6. ↑ Alcock, Charles (February 10, 2021). "United Unveils Plans for eVTOL Aircraft Airport Shuttle Rides". Aviation International News.
  7. ↑ "Air-Taxi Startup Archer Secures United Airlines Order In Deal To Go Public". Aviation Week & Space Technology. February 10, 2021.
  8. ↑ Bartiromo, Michael (February 11, 2021). "United Airlines buying electric 'air taxis' to transport customers to airport". FOX Business.
  9. ↑ Rucinski, Tracy; Nishant, Niket (February 10, 2021). "Archer to go public, United Airlines invests and orders electric aircraft". Reuters.
  10. 1 2 Yao, Deborah. "Best Airline Stocks to Buy as the Industry Takes Off Again". Kiplinger. Retrieved June 6, 2021.
  11. ↑ Caswell, Mark (March 25, 2021). "Finnair signs Letter of Interest for 19-seater electric aircraft". Business Traveller. Retrieved June 6, 2021.
  12. ↑ Sedláček, Vojtěch (February 11, 2021). "Miliarda dolarů za 200 letounů budoucnosti. United Airlines nakoupí u Archer Aviation, který vstupuje na burzu". CzechCrunch.
  13. 1 2 3 Pallini, Thomas (May 21, 2020). "A new urban air mobility startup has been operating in secret with aims to begin testing its own electric VTOL aircraft by 2021". Business Insider.
  14. ↑ Shieber, Jonathan (February 12, 2021). "With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business". TechCrunch.
  15. ↑ Bachmann, Daniel (February 25, 2021). "This New Zero-Emission Electric Air Taxi Will Be Flying Over LA in 3 Years". Robb Report.
  16. ↑ Bogaisky, Jeremy (February 10, 2021). "Archer To Go Public In Reverse Merger As United Airlines Places Order For Its Electric Air Taxis To Shuttle Passengers To Airport". Forbes.
  17. ↑ Huddleston Jr, Tom (March 7, 2021). "Joby Aviation is going public at a $6.6 billion valuation — take a look at its electric air taxi". CNBC.
  18. ↑ Korosec, Kirsten (February 10, 2021). "Archer lands $1B order from United Airlines and a SPAC deal". TechCrunch.
  19. ↑ Wolfsteller, Pilar (2022-05-09). "Archer co-founder Adcock resigns from board weeks after leaving CEO post". Flight Global. Retrieved 2024-11-30.
  20. ↑ "Archer's Brett Adcock steps down as co-CEO". Vertical Mag. 2022-04-25. Retrieved 2024-11-30.
  21. ↑ Alcock, Charles. "Archer Co-founder Brett Adcock Quits Co-CEO Role, Leaving Adam Goldstein at the Helm". Aviation International News. Retrieved 2024-11-30.
  22. ↑ "Archer Aviation Announces Leadership Transition; Appoints Adam Goldstein Sole CEO". sUAS News. 2022-04-19. Retrieved 2024-11-30.
  23. 1 2 Korosec, Kirsten (February 10, 2021). "Archer lands $1B order from United Airlines and a SPAC deal". University of Florida College of Engineering.
  24. ↑ Sider, Alison; Maidenberg, Micah (August 10, 2022). "United Airlines Puts Down Deposit on Flying Taxis". The Wall Street Journal.{{cite news}}: CS1 maint: deprecated archival service (link)
  25. ↑ "Archer's flying taxi makes splashy debut in heated market". Reuters. 2021-06-11. Retrieved 2021-11-03.
  26. ↑ "Archer". Archer.
  27. ↑ "Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth". January 4, 2023.
  28. ↑ Fitzpatrick, Alex (2023-03-23). "Air taxis are coming to Chicago". Axios. Retrieved 2023-03-30..
  29. ↑ Hanneke Weitering (5 June 2024). "Archer Aviation Receives Part 135 Operating Certificate | AIN". Aviation International News. Retrieved 19 March 2025.
  30. ↑ Karantzavelou, Vicky (2024-07-15). "Southwest Airlines signs MoU with Archer Aviation for air taxis". TravelDailyNews International. Retrieved 2025-03-25.
  31. ↑ https://www.aaminternational.com/2024/12/archer-completes-construction-of-evtol-manufacturing-facility/
  32. 1 2 Doll, Scooter (2024-12-19). "Archer completes construction of US assembly plant, eVTOL production to begin in early 2025". Electrek. Retrieved 2025-03-25.
  33. 1 2 "Archer Aviation Showcases Midnight Aircraft in Atlanta, Nears Completion of Covington Manufacturing Facility". UASweekly.com. 2024-07-31. Retrieved 2025-03-25.
  34. ↑ Walsh, Amelia (21 February 2025). "Archer Aviation Secures FAA Approval For Pilot Training". AVweb. Retrieved 19 March 2025.
  35. ↑ Pritchard, Jason (2025-06-20). "PAS 2025: Archer Teams Up With Jetex To Develop Global Air Taxi Infrastructure - eVTOL Insights". Retrieved 2025-08-13.
  36. ↑ Ros, Miquel (2025-06-25). "Archer CEO discusses launch plans at Paris Air Show - AeroTime". www.aerotime.aero. Retrieved 2025-08-13.
  37. ↑ Hilotin, Jay (2025-06-20). "Archer, Jetex join forces for global air taxi network". Gulf News. Retrieved 2025-08-13.
  38. ↑ Vogelaar, Rob. "Archer Conducts First Test Flights of Midnight eVTOL in Abu Dhabi". Aviation News. Retrieved 10 August 2026.
  39. ↑ Franco, Michael (2025-11-12). "Archer acquires Los Angeles airport for use as electric air-taxi hub". New Atlas. Retrieved 2025-11-14.
  40. ↑ Archer snaps up Hawthorne Airport Airliner World January 2026 page 20
  41. ↑ Korosec, Kirsten. "Archer buys former rival Wisk Aero". TechCrunch. Retrieved 10 August 2026.
  42. ↑ Isola, Dario (July 19, 2022). "Archer Tech Talks, Propelling Maker". YouTube.
  43. ↑ Chiland, Elijah (February 23, 2021). "Archer Aviation Plans Electric Air Taxis in LA by 2024". LA Business Journal.
  44. ↑ Brown, Eliot (March 15, 2021). "Electric-Vehicle Startups Promise Record-Setting Revenue Growth". Wall Street Journal.
  45. ↑ Griffith, Erin (March 19, 2021). "'The Market Seems Crazy': Start-Ups Wrestle With Flood of Offers". The New York Times.
  46. ↑ Szymkowski, Sean (February 25, 2021). "Archer eVTOL startup partners with LA to launch flying taxis in 3 years". CNET.
  47. ↑ "Ahead of First Hover Flight, Maker Aircraft Receives FAA COA and Relocates from Development Lab to Flight Test Facility". Yahoo.com. November 10, 2021.
  48. ↑ "Archer's Maker eVTOL receives special airworthiness certificate". evtol.com. December 5, 2021.
  49. ↑ Patterson, Thom (December 20, 2021). "Archer Aviation's Air Taxi Prototype Completes First Hover Test". Flying Magazine.
  50. ↑ Hirschberg, Mike (December 20, 2021). "Archer Hits Its Target". Vertical Flight Society.
  51. ↑ Garsten, Ed (December 20, 2021). "Archer Electric VTOL Air Taxi Demo Passes Major Test".
  52. ↑ Hofacker, Cat (2022-11-17). "Meet Midnight: Arcorddher Aviation unveils the design of its production aircraft". Aerospace America. Retrieved 2025-03-25.
  53. ↑ "Archer Flies Midnight eVTOL Aircraft Prototype in Abu Dhabi | AIN". Aviation International News. Retrieved 2025-08-13.
  54. ↑ "Anduril unveils Thunder, a new autonomous ‘attack rotorcraft’". July 20, 2026.
  55. ↑ Welch, Carley (July 20, 2026). "Anduril reveals Thunder, a 'loyal wingman' drone for helicopters - Breaking Defense".
  56. ↑ "Anduril Hopes To Reclaim Low Altitude With New Thunder | Aviation Week". aviationweek.com.
  57. 1 2 3 Szondy, David (2026-08-04). "Archer Aviation debuts Halo autonomous VTOL, Thunder's commercial twin". New Atlas. Retrieved 2026-08-06.
  58. 1 2 "Archer Names Miami As Launch Market For UAM Network". Aviation Week Network. March 10, 2021.
  59. ↑ "Archer's First UAM Network To Serve United Airlines Hub At LAX". Aviation Week & Space Technology. February 24, 2021.
  60. ↑ "Archer to launch flying taxi network in LA by 2024". Fox Business. March 2, 2021.
[edit]
  • Official website
  • Business data for Archer Aviation:
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