Archer Aviation: Launch Edition To The Rescue (Rating Upgrade)

  • Archer Aviation is nearing aircraft certification and plans to launch air taxi services in NYC, California, UAE, and Ethiopia, with significant global expansion potential. The company secured a $30 million deal with Ethiopian Airlines and raised $300 million, boosting liquidity to over $1 billion. Archer Aviation's new Georgia plant aims to produce 10 Midnight aircraft this year and 48 in 2026, as the company moves beyond the pre-revenue stage.