Archer Aviation Inc. ( ACHR ) is moving closer to making electric air taxis a reality. Its main aircraft, Midnight, is making notable progress as the company prepares for its commercial launch soon.
Archer Aviation (ACHR 1.55%) is racing to commercialize flying taxis with its Midnight aircraft -- and its $1 billion cash buffer, global partnerships, and Olympic exclusivity deal could put it ahead of its rivals. But risks remain.
Archer Aviation Inc. (ACHR) reached $10.17 at the closing of the latest trading day, reflecting a +1.9% change compared to its last close.
Archer Aviation now holds approximately $2 billion in liquidity after raising an additional $850 million in June 2025. Backed by Stellantis, United Airlines, BlackRock, and ARK, Archer's funding runway supports certification, manufacturing, and global piloted launches. The company's disciplined cash burn stays near $100 million per quarter, ensuring stability despite heavy upfront eVTOL development costs.
Adam Goldstein, Archer Aviation CEO, joins 'The Exchange' to discuss the company's air taxi plans, critic concerns and the future of air travel.
Flying cars could soon be more of a reality than science fiction.
Archer Aviation Inc. (ACHR) reached $10.47 at the closing of the latest trading day, reflecting a -1.13% change compared to its last close.
I'm initiating Archer Aviation stock with a buy and see significant upside ahead as revenue materializes in 2025 and net losses shrink. Major catalysts include a $1 billion United Airlines contract, upcoming Midnight eVTOL deliveries, a Dubai hybrid helipad, and a key AI partnership with Palantir. Technical momentum is strong, with the stock consolidating above major moving averages and poised to break resistance at $11.8 and $13.9.
Archer's Midnight aircraft is entering pilot production, with first deliveries to Abu Dhabi in H2 2025 and U.S. service expected in 2026. FAA-type certification remains the key milestone, with Archer targeting approval by late 2025 to unlock commercial passenger flights. The company's dual-track model includes a defense-grade hybrid VTOL under development with Anduril, targeting high-margin government contracts.
Archer Aviation's $850M stock offering is a strategic move to strengthen liquidity ahead of eVTOL commercialization, despite short-term stock volatility. The timing of the capital raise is prudent, leveraging recent stock momentum and reducing future funding risk, even if it surprised some investors. Proceeds will fund infrastructure, the Launch Edition program, Olympic air taxi services, and AI aviation software, supporting Archer's long-term growth.
In the most recent trading session, Archer Aviation Inc. (ACHR) closed at $10.04, indicating a -1.57% shift from the previous trading day.
In a series of announcements in mid-June 2025, Archer Aviation NYSE: ACHR has fundamentally strengthened its strategic and financial position in the global electric vertical takeoff and landing (eVTOL) race. Over the course of just seven days, the company unveiled a massive capital infusion, a multi-national regulatory agreement, and a new international commercial partnership.