Archer Aviation

The advanced air mobility sector has proven itself to be surprisingly resilient.

The FAA has issued an update to its interim safety standards for vertiport design.

Opened in April, Archer’s government affairs office is located at 500 L’Enfant Plaza.

2024 was supposed to be the year that eVTOL air taxis launched services, but by mid-year it was apparent that goal was no longer obtainable.

Archer appears to be on track to roll out its first conforming Midnight air taxi during the fourth quarter.

SkyDrive has signed an agreement with the Osaka Metro Co. to study using air taxis in the area after the 2025 World Expo there.

The gain paled compared to the nearly 4% gain in the S&P 500.

The 1% weekly gain in the AAM Stock Composite came during a week when the S&P 500 traded flat.

The startup also announced a new $175 million equity raise.

Archer Aviation has released new details about its planned air taxi network in Los Angeles, one of the startup’s key launch cities, which it says can become operational as soon as 2026.

Archer says it is on track to complete construction of its high rate manufacturing facility in Covington, Georgia, by year’s end.

The AAM Stock Composite collapsed 13% during the week ending Aug. 2, finishing at its lowest level of the year.

Two startups join short list of companies that have unveiled full-scale prototype electric vertical-takeoff-and-landing vehicles.

Our roundup of the main aerospace and defense stories making the news this week.

At the same time, Honeywell’s venture capital arm has made an undisclosed investment in Electra.

The state of California has granted Archer Aviation a tax exclusion for the expansion of its battery and electric motor production facility in San Jose.

Sergio Cecutta is a founder and partner at SMG Consulting.

The AAM Stock Composite rallied nearly 12% during the week ending July 12, boosted by large gains in Archer and Joby.

Archer Aviation and Southwest Airlines have partnered to evaluate the integration of Midnight air taxis into the carrier’s operations across California.

After the initial funding wave, investors grow leery of unfulfilled promises by startups.

Do Airbus and Boeing’s aerostructures reintegrations represent a trend, anomalies or both?

The AAM Stock Composite rose 4% during the week ending July 5, lifted by gains in Archer and EHang.

The AAM Stock Composite dropped 3% during the week ending June 28.

Archer Aviation and Joby Aviation both aim to start electric air taxi services in 2025.

Our roundup of the main aerospace and defense stories making the news this week.