Archer Aviation is actively developing its eVTOL taxi model, aiming to become a leader in urban air mobility.
Archer Aviation's Approach to eVTOL
Archer Aviation is developing its eVTOL model called Midnight, following a 'realistic innovation' approach. Midnight features 12 rotor installations for vertical and horizontal flight, can reach a maximum speed of 241 km/h with a range of 80 km. The noise level during takeoff is around 65 dB, significantly lower than the noise levels of light helicopters, which exceed 100 dB.
Upcoming Commercial Launch of Archer Aviation
In early June 2025, Archer completed piloted take-offs and landings, confirming readiness for commercial launch. The company has established partnerships with organizations such as United Airlines and plans to begin operating its eVTOLs in the UAE by late 2025.
Financial Performance and Stock Forecasts for Archer Aviation
In Q1 2025, Archer Aviation reported a net loss of $93.4 million, attributed to the pre-launch phase. The company currently holds over $1 billion in reserves, ensuring financial stability during development. The company's stock has shown a 9% increase year-to-date.
Archer Aviation is actively developing and increasingly approaching the launch of commercial eVTOL taxis. Stock forecasts for the company remain positive, reflecting investor confidence in its future.
