Articles for tag Archer
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May
19
2025
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Posted by Admin
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London, United Kingdom, 19 May 2025: Anduril Industries UK today is announcing that it will lead a team for upcoming programmes, including to bid for future flight opportunities. Anduril UK, building on its existing partnership with aerospace company Archer, will receive additional support from Skyports Drone Services and AtkinsRéalis, two other leading technology companies.
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Anduril Industries
Archer
AtkinsRéalis
Skyport Drone Service
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Press Releases
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May
15
2025
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Posted by Admin
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Los Angeles, CA (May 15, 2025) — Today, Archer (NYSE: ACHR) announced that it has been selected as the Official Air Taxi Provider of the LA28 Olympic and Paralympic Games and Team USA. Through this exclusive partnership, the two will look to integrate Archer’s Midnight eVTOL aircraft across the LA28 Games in a variety of ways, such as transporting VIPs, fans, and stakeholders, while electrifying vertiport take-off-and-landing hubs for key venues and providing support for emergency services and security.
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Archer
LA
Olympics
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Press Releases
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May
12
2025
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Posted by Admin
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SANTA CLARA, CA, May 12, 2025 - Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the first quarter ended March 31, 2025. The Company issued a shareholder letter discussing those results, as well as its second quarter 2025 estimates.
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Archer
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Press Releases
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Apr
25
2025
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Posted by Admin
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ABU DHABI, United Arab Emirates - April 23, 2025 – The General Civil Aviation Agency (GCAA) has approved the design for the planned transformation of an Abu Dhabi Cruise Terminal helipad into a hybrid heliport for both helicopter and eVTOL aircraft operations.
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Abu Dhabi
Archer
eVTOL
GCAA
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Press Releases
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Mar
27
2025
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Posted by Admin
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ADDIS ABABA, March 27, 2025 – Archer Aviation (NYSE: ACHR) announced today that it has signed an agreement with Ethiopian Airlines, making it the second customer planning to deploy Archer’s Midnight under the “Launch Edition” program. Ethiopian Airlines, Africa’s largest carrier and a proud member of Star Alliance, operates an extensive global network, serving over 140 international destinations across five continents. The two will now work to bring an all-electric air taxi network to the region using Archer’s Midnight aircraft.
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Tags:
Archer
Ethiopian Airlines
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Press Releases
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Feb
18
2025
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Posted by Admin
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Tuesday, February 18, 2025 Santa Clara, CA—Archer Aviation (NYSE: ACHR) received FAA certification to launch its pilot training academy. This certification, referred to as Part 141, is granted to a flight school by the FAA, signifying that it is a formally recognized and regulated institution for pilot training.
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Archer
FAA
Part 141
Pilot Training Academy
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Press Releases
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Feb
11
2025
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Posted by Admin
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SANTA CLARA, CA, February 11, 2025—Today Archer announced it has raised $301.75M (1), further reinforcing Archer’s strong financial position and strategically positioning it to accelerate the development of its hybrid aircraft platform for the defense market and beyond. Leading institutional investors participated in this financing, including funds and accounts managed by BlackRock. This raise brings Archer’s total liquidity position to ~$1B. Archer has long maintained one of the strongest balance sheets in the industry, and this additional capital further strengthens its position.
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Archer
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Press Releases
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Jan
22
2025
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Posted by Admin
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Wednesday, January 22, 2025, Santa Clara, CA - This week Archer Aviation Inc. (NYSE : ACHR) added Lieutenant General (Ret) Scott Howell to its Advisory Board to help guide its newly formed Archer Defense business unit.
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Archer
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Press Releases
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Dec
19
2024
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Posted by Admin
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Covington, GA, Dec 19, 2024 - Archer Aviation Inc. (NYSE : ACHR) announced today that earlier this week it received the certificate of occupancy for its high-volume manufacturing facility, ARC, which is connected to the Covington Municipal Airport in Georgia. Archer is now working to complete the tooling load-in for the initial manufacturing line at this facility. Production is planned to begin in early 2025, with the goal of ramping to a rate of two aircraft per month by the end of the year.
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Archer
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Press Releases
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Dec
12
2024
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Posted by Admin
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SANTA CLARA, CA, December 12, 2024—Today, Anduril and Archer (NYSE: ACHR) announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting a potential program of record from the DOD.
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Tags:
Anduril
Archer
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Press Releases