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Archer Aviation (ACHR)

Earnings summaries and quarterly performance for Archer Aviation.

Recent press releases and 8-K filings for ACHR.

Archer Aviation and Saudi Arabia's GACA Collaborate on eVTOL Deployment
ACHR
New Projects/Investments
  • Archer Aviation has partnered with Saudi Arabia’s General Authority of Civil Aviation (GACA) to establish a regulatory pathway for the deployment of electric air taxis (eVTOLs) in the Kingdom.
  • GACA plans to model its regulatory framework on the Federal Aviation Administration’s (FAA) eVTOL Implementation Pilot Program (eIPP) to enable early operations in cities like Riyadh and Jeddah, and gigaprojects such as Red Sea Global.
  • The collaboration includes plans for proof-of-concept demonstrations and experimental flights to validate regulatory approaches and support infrastructure development for eVTOL services.
3 days ago
Archer Completes First Phase of Hawthorne Airport Acquisition
ACHR
New Projects/Investments
M&A
  • Archer Aviation has completed the first phase of its acquisition of Hawthorne Airport, securing control of the airport's real estate through the master lease and associated subleases.
  • The company intends to utilize Hawthorne Airport as its operational hub for its planned L.A. air taxi network, playing a key role in the LA28 Olympic & Paralympic Games.
  • Archer also plans to leverage the airport as an innovation testbed for developing AI-powered aviation technologies and expects to enhance the airport's already profitable enterprise.
  • A second phase to acquire the airport's FBO and passenger terminal, granting full operational control, is anticipated next year.
4 days ago
Archer Aviation Plans South Florida Air Taxi Network and Defense Expansion
ACHR
New Projects/Investments
Product Launch
  • Archer Aviation is establishing an electric air taxi network in South Florida to connect key metropolitan areas including Miami, Fort Lauderdale, Boca Raton, and West Palm Beach, and major airports, aiming to alleviate traffic congestion. This initiative involves partnerships with real estate developers like Related Ross for vertiport development.
  • The company's Midnight eVTOL aircraft, capable of speeds up to 150 mph and seating four passengers plus a pilot, requires FAA certification. Archer expects its first commercial air taxi service to launch internationally in Abu Dhabi in early 2026, preceding US operations.
  • Archer is also significantly expanding its defense business, which CEO Adam Goldstein projects will be larger than its commercial air taxi business for at least the next decade. This includes a deal to supply electric flight technology to defense contractor Anduril and plans to acquire Los Angeles’ Hawthorne Airport for $126 million.
Dec 3, 2025, 8:37 AM
Archer Aviation Announces Exclusive Collaboration with Karem Aircraft
ACHR
New Projects/Investments
Product Launch
  • Archer Aviation Inc. announced an exclusive collaboration with Karem Aircraft on December 2, 2025, to integrate Karem's advanced, military-grade rotor and tiltrotor technologies into Archer's next-generation autonomous, hybrid-propulsion VTOL aircraft.
  • This strategic alliance provides Archer with exclusive access to key aspects of Karem's pioneering tiltrotor technology, which has been validated by the U.S. Army.
  • The collaboration is intended to accelerate Archer's development of a versatile dual-use aircraft platform, combining Karem's technology with intellectual property recently acquired from Overair and Lilium, to serve both commercial and military operations.
Dec 2, 2025, 1:35 PM
Archer Aviation Licenses Electric Powertrain for Autonomous Air Vehicles
ACHR
New Projects/Investments
Revenue Acceleration/Inflection
  • Archer Aviation is expanding its business by licensing its proprietary electric powertrain technology to third parties, opening a new revenue stream.
  • The initial partnership is with defense contractor Anduril Industries and EDGE Group to integrate Archer's powertrain into Anduril's Omen Autonomous Air Vehicle, a hover-to-cruise drone system.
  • The Omen system will be co-developed and manufactured in the UAE, where the government has committed to purchasing 50 units.
  • This strategic move positions Archer as a supplier of advanced aerospace technologies to the defense and autonomous vehicle markets.
Nov 18, 2025, 12:43 AM
Archer Aviation Announces Acquisition of Hawthorne Airport Leases and Assets
ACHR
M&A
New Projects/Investments
  • Archer Aviation Inc., through its wholly-owned subsidiaries, entered into definitive agreements on November 5, 2025, to acquire the master lease agreement for Hawthorne Airport through 2055 and certain subleases for $126 million in cash.
  • The acquisition also includes an option to purchase 75% of the fixed-based operator business for $25 million prior to December 31, 2026, and rights to develop approximately 63,000 sq. ft. of additional hangar space for $20.4 million.
  • Upon the initial closing, Archer will assume an outstanding loan of approximately $16 million with an interest rate of 6.3% per annum, maturing in April 2030.
  • Additionally, up to $21.4 million in earn-out shares of Class A Common Stock will be provided to sellers based on performance milestones over three years.
  • The initial closing of the lease acquisition is expected by the end of 2025, contingent on necessary approvals, including from the City of Hawthorne.
Nov 12, 2025, 10:13 PM
Archer Announces Hawthorne Airport Acquisition, $650 Million Equity Raise, and Q3 2025 Financials
ACHR
M&A
New Projects/Investments
Guidance Update
  • Archer signed definitive agreements to acquire control of Hawthorne Airport for a purchase price of $126 million, with a total cost of $171 million, to establish it as a strategic hub for air taxis in Los Angeles ahead of the LA 2028 Olympic Games.
  • The company successfully raised $650 million in new equity capital, increasing its total liquidity to over $2 billion.
  • For Q3 2025, Archer reported a net loss of $130 million and an adjusted EBITDA loss of $116 million, which was within its guidance range of $110-$130 million.
  • Archer completed the acquisition of Lilium's patent portfolio for approximately $21 million in early Q4, adding around 300 patent assets to its intellectual property.
  • The company expanded its international commercialization efforts with partnerships in the UAE, an exclusive air taxi partnership with Korean Air (including plans for up to 100 Midnight aircraft), and selection for eVTOL commercialization in Osaka and Tokyo, Japan.
Nov 6, 2025, 10:00 PM
Archer Aviation Announces Q3 2025 Results, Strategic Airport Acquisition, and Capital Raise
ACHR
Earnings
M&A
New Projects/Investments
  • Archer Aviation announced its third quarter 2025 results and plans to acquire control of Hawthorne Airport for $126 million in cash, intending it as a strategic hub for its LA air taxi network and an AI testbed.
  • The company successfully raised $650 million in new equity capital, increasing its total liquidity to over $2 billion.
  • Archer closed the acquisition of Lilium's patent portfolio for €18 million, expanding its global patent assets to over 1,000.
  • For Q3 2025, Archer reported a GAAP net loss of $(129.9 million) and Adjusted EBITDA of $(116.1 million), with $1,641.3 million in cash, cash equivalents, and short-term investments.
  • The company estimates its Q4 2025 Adjusted EBITDA to be a loss between $110 million and $140 million.
Nov 6, 2025, 9:44 PM
Archer Aviation announces Q3 2025 results, strategic airport acquisition, and capital raise
ACHR
Earnings
New Projects/Investments
M&A
  • Archer signed definitive agreements to acquire control of Hawthorne Airport in Los Angeles for $126 million in cash, planning to use it as an operational hub for its air taxi network and an AI testbed.
  • The company raised $650 million in new equity capital, increasing its total liquidity to over $2 billion.
  • For the third quarter of 2025, Archer reported a net loss of $129.9 million and an Adjusted EBITDA loss of $116.1 million.
  • Archer estimates an Adjusted EBITDA loss between $110 million and $140 million for the fourth quarter of 2025.
  • Archer closed the acquisition of Lilium's patent portfolio for $21 million, expanding its global patent portfolio to over 1,000 assets.
Nov 6, 2025, 9:43 PM
Archer Aviation's Midnight eVTOL Selected for Tokyo eVTOL Project Phase One
ACHR
New Projects/Investments
  • A consortium led by Japan Airlines, including Archer Aviation's Midnight eVTOL aircraft, has been selected by the Tokyo Metropolitan Government for the first phase of the "eVTOL Implementation Project".
  • This project, commencing in 2025 and spanning three years, aims to develop an operational ecosystem for eVTOLs in Tokyo, with commercial operations targeted by 2030.
  • Despite currently reporting zero revenue and an EPS of -1.27, Archer Aviation maintains strong financial liquidity, evidenced by a current ratio of 22.3 and a low debt-to-equity ratio of 0.05.
  • Archer's selection highlights its strategic partnerships in the Asia-Pacific region, including its joint venture Soracle with Japan Airlines and Sumitomo Corporation, and a recent exclusive deal with Korean Air for up to 100 Midnight aircraft.
Nov 5, 2025, 3:19 PM