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Archer Aviation

All articles tagged with #archer aviation

technology1 day ago•3 min saved

Archer unveils electric air taxi at LA Live as downtown vertiport plans loom for 2028 Olympics

Archer Aviation and AEG unveiled a four-passenger, all-electric Midnight air taxi at LA Live as part of plans to build a downtown vertiport network ahead of the 2028 Olympic Games. The aircraft has a 100‑mile range but awaits FAA approval; feasibility work is complete and the next phase will address operations and guest experience. Archer’s LA network will connect with planned vertiports at SoFi Stadium, USC, Hollywood Burbank Airport, and Hawthorne Airport as the central hub, with LA28 naming Archer as its official air taxi provider.

via ABC7 Los Angeles|

#2028-olympics #archer-aviation #la-live

business14 days ago•11 min saved

Archer Aviation Deepens Q2 Loss to $263M While Advancing FAA Certification

Archer Aviation reported Q2 revenue of $5.0 million, above the roughly $1.9 million expected by analysts, but the loss widened to $263.2 million from $217.7 million as operating expenses rose for flight testing, certification, Midnight production, and ZEE, its aviation AI model. Adjusted EBITDA came in at a $177.1 million loss. The company ended the quarter with about $1.56 billion in cash and equivalents, down about $215 million as it funded operations and bought a Hawthorne fixed-base operator. For Q3, Archer guided to an adjusted EBITDA loss of $170 million to $200 million. On the FAA front, Archer completed piloted Midnight city-to-city flights (Salinas–Monterey) and said Midnight remains in the final phase of FAA type certification, with a fully accepted means of compliance and FAA approval of its quality management system, enabling FAA-creditable aircraft.

via Yahoo Finance|

#achr #archer-aviation #business

finance15 days ago•20 min saved

Archer Surges as Boeing Offloads Air-Taxi Subsidiaries for Stake

Archer Aviation jumped after Boeing agreed to transfer three of its air-taxi units—Wisk Aero, SkyGrid and Insitu—to Archer in exchange for cash and newly issued Archer stock, giving Boeing roughly a 16.5% stake post-close (19.75% pre-close). Boeing will also invest up to $55 million in an Archer funding round and take warrants to buy as much as $200 million more later, letting Boeing exit some advanced-air-mobility bets while staying strategically exposed. The deal brings Archer access to Wisk’s autonomous flight tech and Insitu’s defense business, expanding Archer’s revenue sources as the eVTOL race heats up.

via Yahoo Finance|

#archer-aviation #boeing #evtol

business15 days ago•11 min saved

Boeing sells three aviation tech units to Archer for equity stake

Boeing will sell Wisk Aero, SkyGrid and Insitu to Archer Aviation in exchange for nearly a 20% stake in Archer, plus warrants and the right for Boeing to nominate a Archer director; Archer will also gain access to Wisk’s autonomous flight tech through a separate collaboration. The deal, expected to close by year-end 2026 subject to antitrust review, expands Archer’s eVTOL and air‑traffic tech platform while allowing Boeing to focus resources on core businesses. Wisk has flown multiple generations of electric VTOL aircraft, SkyGrid provides an automated airspace management platform, and Insitu produces uncrewed aircraft used by 35 nations and generating over $200 million in annual revenue. Archer’s CEO said the deal would broaden the company’s revenue base and scale, while Boeing’s divestiture aligns with its strategy under CEO Kelly Ortberg. Moelis & Co and JPMorgan are advising Archer and Boeing respectively.

via Yahoo Finance|

#archer-aviation #boeing #business

business16 days ago•2 min saved

Boeing Exits Three eVTOL Subunits, Gains Archer Aviation Stake

Boeing is selling three subsidiaries—Wisk Aero, SkyGrid and Insitu—to Archer Aviation in exchange for an undisclosed stake, allowing Boeing to focus on core commercial airplanes, defense and space; Archer expands its eVTOL portfolio and adds military capabilities through Insitu, positioning for near-term commercial eVTOL flights.

via CNBC|

#archer-aviation #boeing #business

business1 month ago•5 min saved

Thunder rises: Anduril and Archer unveil dual-use autonomous drone for battle and city skies

Anduril Industries and Archer Aviation unveiled Thunder, a hybrid-electric, dual-use autonomous rotorcraft designed for both defense and civilian air-taxi applications. The defense variant can carry missiles or rockets, patrol airspace, and operate with Archer’s VTOL tech, while Archer plans a commercial version for passengers. First flight for Thunder is targeted for 2027 after extensive testing, with Archer planning to announce initial customers for the commercial variant soon. The collaboration blends military-grade autonomy with urban-air mobility ambitions, drawing scrutiny over safety and weaponization risks amid fierce competition in both defense tech and the air-taxi space.

via Los Angeles Times|

#anduril #archer-aviation #autonomous-aircraft

transportation1 month ago•22 min saved

Thunder hybrid VTOL aims for military and commercial skies

Archer Aviation and defense firm Anduril unveiled Thunder, a series-hybrid VTOL aircraft designed to operate in both military and commercial roles, with a commercial version expected soon and markets like Abu Dhabi eyed, as air-taxi companies seek defense partnerships to offset losses and expand applications beyond passenger trips.

via The Verge|

#air-taxis #anduril #archer-aviation

technology1 month ago•2 min saved

Anduril Unveils Thunder: Hybrid-Electric Autonomous Attack Rotorcraft

Anduril Industries, with Archer Aviation, unveiled Thunder, a hybrid-electric autonomous rotorcraft designed for armed reconnaissance and strike missions. The system can be configured to carry up to 10 Hellfires, 16 air-launched effects, or 76 rockets, and is pitched as an attritable asset with a price tag far below traditional manned platforms. Thunder is slated for its first flight next year and aligns with the UKʼs NYX robo-wingman program, reflecting the broader move toward man-machine combat teaming showcased at the Farnborough Airshow.

via Axios|

#anduril-industries #archer-aviation #autonomous-weapons

aerospace-and-defence1 month ago•4 min saved

Anduril unveils Thunder, a long-range helicopter-strike drone for attack helicopters

Anduril revealed Thunder, a hybrid-electric helicopter-strike drone designed to accompany and precede attack helicopters, with vertical takeoff transitioning to long-range fixed-wing flight, capable of carrying Hellfire missiles or other munitions. Developed with Archer Aviation (and UK partner GKN Aerospace), Thunder is part of the UK MoD’s Project Nyx competition to field drones alongside Apache helicopters, with a target deployment around 2030 and a plan to operate three to six Thunders per helicopter for expanded battlefield reach.

via Financial Times|

#aerospace-and-defence #anduril-industries #archer-aviation

technology1 month ago•26 min saved

Anduril Unveils Thunder: A Hybrid-Electric Tiltrotor Drone aims to be a loyal wingman for helicopters

Anduril, in partnership with Archer Aviation, debuts Thunder — a Group 5 hybrid‑electric tiltrotor unmanned combat drone designed to fly as an autonomous wingman for crewed helicopters (e.g., Apache family and MV‑75 Cheyenne II). It features nap‑of‑the‑earth flight, a modular payload bay (missiles, launched effects, rocket pods, and interceptors), a hybrid propulsion system with Optimum‑Speed Tiltrotors to boost range and efficiency, and onboard AI with Lattice to coordinate in real time with host aircraft. The concept emphasizes mass, lower cost per unit than manned helicopters, and survivability in contested airspace, including defense against air‑to‑air drones and MANPADS. First flight is targeted next year with potential commercial variants with Archer; it faces competition from Boeing, Sikorsky, Bell, and UK NYX efforts as part of a broader loyal‑wingman market.

via TWZ|

#anduril #archer-aviation #autonomous-drone

market-news3 months ago•18 min saved

Archer’s Q1 Burn: Is Cash Fueling Real Progress Toward Midnight?

Archer Aviation (ACHR) starts Q1 2026 with about $2 billion in liquidity, but investors will judge cash burn by how much progress it buys, not the size of the loss. The company teams guidance for a Q1 EBITDA loss of $160–$180 million while shifting from testing to a steadier manufacturing cadence, with Covington, GA and its Stellantis partnership as key proof points. If higher spending translates into more Midnight aircraft in build and launch prep (U.S. and UAE), the burn may be smart investment; if not, the cash pile could feel like fuel that runs out. Analysts remain upbeat, with a Strong Buy rating and a target around $14.25, implying significant upside.

via TipRanks|

#achr #archer-aviation #cash-burn

technology5 months ago•4 min saved

Melania Trump Highlights US-Built Humanoid at White House Tech Summit

Figure AI unveiled its third-gen humanoid robot, Figure 3, beside Melania Trump at a White House summit on technology and children’s education, underscoring rising interest in humanoid robotics. Backed by Nvidia and led by CEO Brett Adcock, the company aims to deploy thousands of robots and is valued at about $39 billion after a $1 billion Series C, with BMW already using its robots. The event follows a string of strong investor momentum and a pending lawsuit from a former head of product safety alleging safety concerns that Figure AI disputes, raising ongoing questions about safety standards in the field.

via CNBC|

#archer-aviation #figure-ai #humanoid-robotics

market-news5 months ago•16 min saved

Archer-Joby Patent Clash Heats Up as Insider Stock Awards Tie to Pay

Archer Aviation escalates its patent dispute with Joby Aviation, filing a federal counterclaim and an ITC complaint over eVTOL patents and seeking damages and potential import relief. Separately, insider filings show stock awards vesting and connected tax-driven sales rather than a shift in sentiment. The developments come as Archer faces a stock move and analysts note a strong upside potential despite the legal battle.

via TipRanks|

#achr #archer-aviation #joby

technology5 months ago•3 min saved

Eight-city FAA program advances real-world tests of electric air taxis

The FAA-approved eight pilot projects across 26 states will test electric vertical takeoff and landing aircraft, air taxi routes, cargo and medical missions as part of the Advanced Air Mobility/eVTOL Integration Pilot Program, with partners including Archer, Joby, BETA and Electra. Operations begin this summer to generate data for future regulations, highlighting U.S. efforts amid global competition with China; Los Angeles was not selected as a test site, and Archer and Joby are contesting ties to China in a separate lawsuit.

via Axios|

#advanced-air-mobility #archer-aviation #evtol

business5 months ago•3 min saved

Archer Aviation’s 2026 Loss Outlook Weighs on Shares as FAA Certs Loom

Archer Aviation reported a $137.9 million EBITDA loss on sales under $1 million and forecast a Q1 2026 EBITDA loss of $160–$180 million with full-year losses around $500 million on about $31 million in revenue; FAA certification could come as early as late 2026, and the company holds roughly $2 billion in liquidity, but the earnings miss and cautious outlook drove the stock lower, with mixed analyst views and targets, while profitability is not expected until 2029 as sales grow.

via Barron's|

#archer-aviation #business #earnings