Archer Aviation Inc. is an early-stage company headquartered in Silicon Valley, California, focused on developing technologies and aircraft for advanced aviation. The company designs, develops, and commercializes electric vertical take-off and landing (eVTOL) aircraft, primarily for urban air mobility and defense applications. Archer plans to sell commercial aircraft and related technologies, as well as provide aerial ride share services and defense solutions.
- Commercial - Plans to sell commercial aircraft, such as the "Midnight," to aircraft operators, along with related technologies and services. Includes direct-to-consumer aerial ride share services in select metropolitan areas, bookable via an app-based platform.
- Defense - Involves the sale of next-generation aircraft and related technologies for defense applications. Developing a hybrid-propulsion VTOL aircraft in collaboration with Anduril and partnering with the Department of Defense on various projects.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Adam Goldstein ExecutiveBoard | Founder, CEO, and Director | Board Trustee, Museum of American Finance | Adam Goldstein is the Founder, CEO, and Director of Archer Aviation Inc. since September 2021, having previously served as Co-CEO and Co-Chairperson of Archer's board of directors from September 2021 to April 2022 and as President and Co-CEO of Legacy Archer since October 2018. | View Report → |
Eric Lentell Executive | General Counsel and Secretary | Eric Lentell is the General Counsel and Secretary at Archer Aviation Inc. since March 28, 2024, having been promoted from Deputy General Counsel (June 2021 to March 2024), and has extensive legal experience from roles at Google LLC, Fitbit, Inc., VeriFone, Inc., and Dish Network LLC. | ||
Mark Mesler Executive | Chief Financial Officer (CFO) | Mark Mesler serves as the Chief Financial Officer (CFO) at Archer Aviation Inc. since February 2022, and he has an extensive background in financial leadership, having previously held executive roles as CFO at Volansi Inc. and Vice President of Finance at Bloom Energy, Inc. | ||
Tom Muniz Executive | Chief Technology Officer (CTO) | Tom Muniz is the Chief Technology Officer at ACHR since March 25, 2024, and previously served as Chief Operating Officer (March 2021 to March 2024) as well as Vice President of Engineering (December 2019 to February 2021) at ACHR. | ||
Tosha Perkins Executive | Chief People and Partnerships Officer | Tosha Perkins is the Chief People and Partnerships Officer at Archer Aviation Inc. since April 2023; she previously served as Chief People Officer from June 2021 to April 2023. | ||
Barbara Pilarski Board | Director | Director at Corewell Health | Barbara Pilarski has been a Director at Archer Aviation since January 2022 and serves on the Nominating and Corporate Governance Committee, bringing extensive experience in business development, finance, and leadership from her previous roles at Stellantis, FCA US LLC, and Chrysler. | |
Deborah Diaz Board | Member of the Board of Directors | CEO of Catalyst ADV; Board Member at Canoo Inc.; Board Member at Primis Financial Corp. | Deborah Diaz has served as a board member at Archer Aviation Inc. since September 2021, where she leads the Nominating and Corporate Governance Committee and participates in audit oversight. She brings extensive experience in technology, business transformation, and leadership from her previous roles at Catalyst ADV, NASA, and other organizations. | |
Fred M. Diaz Board | Lead Independent Director | Valero Energy Corporation; Smith & Wesson Brands, Inc.; SiteOne Landscape Supply Inc. | Fred M. Diaz has been serving as the Lead Independent Director at Archer Aviation Inc. since September 2021. Previously, he held executive roles at Mitsubishi Motors North America, Nissan Motor Corporation, and Fiat Chrysler Automobiles. | |
Maria Pinelli Board | Director | CEO of Strategic Growth Advisors, LLC; Board Member at Globant S.A.; Board Member at International Game Technology PLC | Maria Pinelli has been serving as a Director at ACHR since September 2021, where she also chairs the Audit Committee and is a member of the Compensation Committee. She brings a wealth of experience from her role as CEO of Strategic Growth Advisors, LLC since December 2020 and has held multiple leadership positions at Ernst & Young LLP, contributing to over 20 IPOs and 25 M&A transactions. | |
Michael Spellacy Board | Director | Managing Director at Alvarez & Marsal | Michael Spellacy has been a Director at ACHR since September 2021, serving on the Nominating and Corporate Governance Committee. Previously, he was the Managing Director at Alvarez & Marsal since June 2023 and served as CEO and Director at Atlas Crest Investment Corporation from October 2020 to June 2023. | |
Oscar Munoz Board | Director | CBRE Group, Inc. (Board Member) ; Salesforce.com, Inc. (Board Member) ; Univision Communications Inc. (Board Member) ; Fidelity Investments’ Equity & High-Income Fund (Independent Trustee) ; University of Southern California (Trustee) ; The Brookings Institution (Trustee) | Oscar Munoz is a Director at Archer Aviation Inc. (ACHR) and has served on the board and Compensation Committee since September 2021. He previously held prominent roles, including Chairman and CEO of United Airlines from September 2015 to May 2021. |
- Given that you anticipate an adjusted EBITDA loss of $95 million to $110 million in Q1 2025 , how do you plan to achieve profitability in the face of continued high investment requirements and potential delays in FAA certification?
- With your focus on deploying the Launch Edition aircraft before obtaining FAA type certification , how do you mitigate the operational and regulatory risks associated with operating without FAA approval, and what is your contingency plan if international regulators do not grant the necessary certifications?
- Regarding your partnership with Anduril on a hybrid VTOL aircraft for defense applications , can you provide specific details on the expected timeline and investment required for this project, and how it will impact your capital allocation and overall cash burn ?
- As you aim to scale production from tens of aircraft in 2025-2026 to larger volumes post-2027 , what challenges do you anticipate in scaling your manufacturing capabilities, and how are you addressing potential supply chain constraints and production bottlenecks?
- Given your ambition to develop highly autonomous electric aircraft and leverage AI to optimize airspace , how do you plan to overcome regulatory hurdles related to autonomous flight, and what steps are you taking to ensure safety and public acceptance of AI-driven flight control systems?
Research analysts who have asked questions during Archer Aviation earnings calls.
Amit Dayal
H.C. Wainwright & Co., LLC
4 questions for ACHR
David Zazula
Barclays
4 questions for ACHR
Savanthi Syth
Raymond James
4 questions for ACHR
Austin Moeller
Canaccord Genuity
3 questions for ACHR
Joshua Sullivan
The Benchmark Company
3 questions for ACHR
Anand Balaji
Cantor Fitzgerald
2 questions for ACHR
Christopher Pierce
Needham & Company
2 questions for ACHR
Edison Yu
Deutsche Bank
2 questions for ACHR
William Peterson
JPMorgan Chase & Co.
2 questions for ACHR
Andres Sheppard
Cantor Fitzgerald
1 question for ACHR
Andres Sheppard-Slinger
Cantor Fitzgerald
1 question for ACHR
Bill Peterson
JPMorgan Chase & Co.
1 question for ACHR
Josh Sullivan
The Benchmark Company, LLC
1 question for ACHR
Mackenzie Holleran
Needham & Company
1 question for ACHR
Mahima Kakani
JPMorgan Chase & Co.
1 question for ACHR
Xinran Li
Not Disclosed in Transcript
1 question for ACHR
Xin Yu
Deutsche Bank
1 question for ACHR
Recent press releases and 8-K filings for ACHR.
- Archer (ACHR) has been designated as the exclusive Air Taxi Partner for the Los Angeles Sports & Entertainment Commission (LASEC).
- This partnership includes serving as an Official Los Angeles World Cup 2026 Host City Supporter and an Official Super Bowl LXI Host Committee Partner.
- The collaboration aims to expand Archer's presence in Los Angeles, building excitement for its planned air taxi flights and the launch of an air taxi network in the region ahead of the LA28 Olympic Games.
- Archer's Midnight aircraft is designed to provide electric air taxi flights, offering an alternative to traffic-congested car trips.
- Archer Aviation has partnered with Korean Air to introduce its Midnight electric vertical takeoff and landing (eVTOL) aircraft to South Korea, with Korean Air potentially purchasing up to 100 aircraft.
- This collaboration aims to commercialize the Midnight eVTOL for various uses, initially focusing on government operations, leveraging Archer's electric aviation technology and Korean Air's aerospace expertise.
- Archer recently acquired approximately 300 advanced air mobility patents from German aerospace company Lilium GmbH for about $20.9 million, enhancing its position in the advanced air mobility sector.
- The partnership aligns with South Korea's efforts to develop a vertiport network, with commercial eVTOL operations targeted for 2028 on Jeju Island.
- Archer Aviation has been selected by Korean Air as its exclusive partner to introduce eVTOL aircraft in Korea.
- The agreement includes the potential for Korean Air to purchase up to 100 Midnight eVTOL aircraft.
- This partnership aims to commercialize Archer's Midnight eVTOL aircraft for various applications in Korea, beginning with government use cases, leveraging Korean Air's operational and maintenance expertise.
- Archer Aviation Inc. (ACHR) won a competitive bid to acquire approximately 300 advanced air mobility patent assets from Lilium GmbH for €18 million.
- The acquisition, which is expected to close in the fourth quarter of fiscal year 2025, will increase Archer's global patent portfolio to over 1,000 assets and includes key eVTOL innovations such as ducted fan technology.
- Archer Aviation acquired approximately 300 advanced air mobility patent assets from Lilium GmbH for €18M.
- The acquired portfolio includes key innovations in eVTOL technology, such as ducted fans, propeller systems, high-voltage systems, battery management, aircraft design, flight controls, and electric engines.
- This acquisition expands Archer's patent portfolio to over 1,000 assets worldwide, reinforcing its leadership in electric aviation.
- Lilium had invested over $1.5 billion in developing these advanced eVTOL technologies.
- Archer Aviation Inc. is partnering with Cleveland Clinic Abu Dhabi to establish the first hospital-based vertiport in the United Arab Emirates, providing direct eVTOL aircraft access to the hospital.
- The collaboration will explore both non-emergency passenger use cases and time-critical organ transport utilizing Archer's Midnight electric aircraft.
- This initiative marks another step forward in Archer's planned launch of commercial operations in Abu Dhabi and involves upgrading the hospital's existing helipad for hybrid operations.
- Archer Aviation's partner, Soracle, a joint venture between Japan Airlines and Sumitomo Corporation, has been named to lead the establishment of air taxi services in Osaka Prefecture.
- Soracle intends to deploy Archer's Midnight aircraft as the core of its fleet, positioning Archer as the only U.S. eVTOL manufacturer involved in establishing air taxi services in Osaka.
- This development builds upon a strategic alliance formed between Archer and Soracle in November 2024 to launch air taxi operations in Japan.
- A delegation from Japan, including the Minister of Land, Infrastructure, Transport and Tourism, recently visited Archer's headquarters to discuss the realization of air taxi services across the country.
- Archer Aviation has joined the White House's eVTOL Integration Pilot Program (eIPP), a federal initiative to accelerate the adoption of electric vertical takeoff and landing (eVTOL) air taxis in the U.S., with potential collaboration with United Airlines.
- The company is strategically expanding into the defense sector, partnering with Anduril Industries to develop hybrid VTOL aircraft for military applications, aiming to leverage U.S. defense budgets.
- To support its defense pivot, Archer raised $430 million in equity in December 2024 and an additional $301.8 million in February 2025, and made two key acquisitions in August 2025 to enhance defense-oriented capabilities.
- Despite these strategic advancements and an average 'Outperform' analyst rating, Archer's stock was down 12% year-to-date with short interest near 15% of the float.
- Archer partnered with PT. Industri Ketahanan Nasional to purchase up to 50 Midnight eVTOL aircraft valued at approximately $250 million, targeting commercial air taxi services in Indonesia.
- This marks Archer’s third Launch Edition market after deployments in the UAE and Ethiopia.
- Archer will work with Indonesia’s DGCA to establish regulatory frameworks and operational infrastructure for the program.
- Concurrently, Archer is collaborating with GKN Aerospace UK to manufacture key airframe components, including the Midnight wing, to support its production ramp-up.
- Archer Aviation raised $850M via a registered direct offering of 85 million Class A shares at $10.00 per share, generating $850 million in gross proceeds.
- The offering is expected to close on or about June 16, 2025, yielding net proceeds of approximately $817.1M to fund the Launch Edition program, a planned U.S. commercial launch, an AI-based aviation software platform, and other corporate purposes.
- Executed under Archer’s automatic shelf registration (Form S-3ASR, File No. 333-284812) with Moelis & Company LLC as placement agent, the deal boosts pro forma liquidity to about $2 billion.
- Following a U.S. executive order to accelerate eVTOL integration, Archer is partnering with the White House, Department of Transportation, and FAA to support engineering, certification, and commercialization of its eVTOL initiatives.
- Post-raise, the company will showcase its Midnight eVTOL aircraft at the Paris Air Show and host delegations from over 20 countries ahead of the 2028 Los Angeles Olympics.
- Analysts assign an average one-year price target of $12.38 (high $18.00, low $4.50), implying about 5.5% upside from current levels.