We’ve raised an additional $300M in equity capital from BlackRock and other leading institutional investors to accelerate our hybrid aircraft platform development as our defense opportunities look stronger than expected. Today’s raise gives us $1B+ of liquidity—our strongest position yet. We plan to use this capital to invest in building critical capabilities like composite and battery cell manufacturing right here in the U.S. to help us capture this opportunity and more. Additional details: https://lnkd.in/gq-bQNHK
Archer
Airlines and Aviation
San Jose, California 111,807 followers
Archer’s mission is to unlock the skies, freeing us to reimagine how we live and spend time. (NYSE: $ACHR)
About us
Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA. To learn more, visit www.archer.com.
- Website
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http://www.archer.com
External link for Archer
- Industry
- Airlines and Aviation
- Company size
- 501-1,000 employees
- Headquarters
- San Jose, California
- Type
- Public Company
- Specialties
- aviation, airlines, electric aviation, eVTOL aircraft, and eVTOL
Locations
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Primary
190 W Tasman Dr
San Jose, California 95134, US
Employees at Archer
Updates
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Archer reposted this
This is a defining moment for aviation in the US, and strong leadership at the Federal Aviation Administration will be instrumental in ensuring we continue to innovate while maintaining safety as a top priority. Chris Rocheleau’s appointment as Acting Administrator of the FAA is a great move by President Trump. His deep experience and steady leadership will be essential in balancing the FAA’s commitment to rigorous safety standards with the need to enable innovation in transformative technologies like eVTOL. We’re looking forward to collaborating to shape the future of flight responsibly and ambitiously.
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We recently hosted a delegation of 40+ Canadian Advanced Air Mobility (CAAM) members at Archer's HQ and manufacturing facilities for a day of impactful conversations and education focused on urban air mobility. Thank you to the regulators, government officials, airports executives, and industry representatives who joined us to learn about the benefits our aircraft and industry can bring to Canada.
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Archer reposted this
Cool to see Abu Dhabi made this year's The New York Times "50 Places to Visit" list. There's several reasons it made the list —air taxi operations being one of them... "New electric taxi planes will soon connect Abu Dhabi with Dubai, the country’s most populous city, in 30 minutes with zero operating emissions." https://lnkd.in/eiSdjZ2E
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Archer Founder & CEO, Adam Goldstein, took the stage with Diana Olick and CNBC at the World Economic Forum in Davos last week for a thoughtful discussion about the scale of the commercial opportunity available to the air taxi industry. Full video —> https://lnkd.in/gEvC59-p
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A first glimpse into Midnight's automotive-inspired seat design—courtesy of our VP of Design & Innovation, Julien Montousse.
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Archer reposted this
It was an honor for the Archer team to attend the International Conference on Air Mobility in India this week. Great chance for them to connect with key leaders to advance plans for electric air taxi services in the world's most populous country. Grateful to InterGlobe Enterprises CEO Aditya Pande for the invitation, Dr. Talib Alhinai and Chris Johnson for your leadership on the ground, and to the Ministry of Civil Aviation, Directorate General of Civil Aviation (DGCA) and the Confederation of Indian Industry for their support in driving this dialogue as we work together to unlock the benefits of AAM for the people and economy of India.
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