Archer Aviation

Texas-based Lift will license its branded fixed-location recreational eVTOL facilities to Japanese trading giant Marubeni.

Archer says it has nearly completed construction of its mass-production facility in Covington, Georgia, where it plans to manufacture Midnight eVTOL air taxis.

Archer has agreed to a conditional, deposit-backed deal to sell up to 100 Midnight air taxis to Soracle.

Volocopter retained the top slot in the latest edition of the AAM Reality Index.

Embraer spinoff Eve Air Mobility has received a $50 million loan, building on its solid balance sheet as it works to develop and certify its air taxi.

Comparatively less attention has been paid to the future operators of AAM aircraft.

Lilium has announced its decision to file for insolvency under German bankruptcy law for its two principal subsidiaries; the move did not come as a shock.

The draft rulemaking kicked off a firestorm among the eVTOL industry.

Atlantic has partnered with both Archer and Joby on electrifying its network of FBO facilities across the U.S.

Textron eAviation plans to flight-test the full performance envelope of its Nexus eVTOL uncrewed full-scale technology demonstrator.

Many advanced air mobility (AAM) startups have spent the better part of the last decade researching, designing and prototyping.

As part of that transition, Archer is focused on completing the first phase of its high-rate factory in Covington, Georgia.

Galaxy FBO operates from several airports and heliports in the Houston Area.

The AAM Stock composite fell around 5% during the week ending Sept. 20, compared to a 1.4% increase in the S&P 500.

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.