Archer Aviation: air taxis closer to reality than science fiction

🚀 Company background and vision

• Archer Aviation $ACHR is pioneering urban air mobility with the Midnight electric vertical takeoff and landing (eVTOL) aircraft.
• The goal is to transform urban transportation to be quiet, fast and green.
• It plans to start operations in Abu Dhabi as early as 2025 and in the US (NY, LA, SF, Miami) in 2026.
• The biggest ambition is to participate in the Los Angeles Olympics in 2028 as the official air carrier.

🤝 Cooperation with regulators and global expansion

• Archer $ACHR is actively working with the FAA and the US Department of Transportation (DOT).
• Significant step: alliance of 5 countries (US, UK, Australia, Canada, NZ) to simplify eVTOL certification across markets.
• In Abu Dhabi, working with Abu Dhabi Aviation and the GCAA regulatory authority, enabling earlier deployment of Midnight even without final certification in the US.
• Construction of a hybrid heliport to combine conventional and new aviation infrastructure.

📦 Contracts and enquiries

• The value of existing orders for the Midnight aircraft is US$ 6 billion.
• Strategic partnerships with United Airlines and Southwest Airlines bring credibility and future customers.

⚠️ Risks and challenges

1. Regulatory delays and certification
2. The transition from prototype to full operations may be slower than the company expects.
3. Any delay threatens the timeline and investor confidence.
4. Financial challenges and lack of revenue
5. The company has not yet generated any revenue.
6. Positive cash flow is not expected until around 2028.
7. This implies a high probability of further capital raising = dilution of existing shares.

💵 Financial situation

• The company currently has more than $1.85 billion in cash, thanks in part to a recent capital raise of $850 million.
• These funds are earmarked for:
• Production of the Midnight aircraft
• Completion of certification
• Building the operational infrastructure

🧭 Who is ACHR right for?

✅ Yes, if:

• You believe in the future of urban air travel.
• You have a long-term investment horizon (3-7 years).
• You are willing to accept high volatility and risk.
• You want to be part of the transportation revolution from the beginning.

❌ No, if:

• You expect a quick return or stable income (e.g. dividend).
• You are not willing to take risks in the pre-commercial phase of the project.
• You are not comfortable with dilution of shares and unclear timeline of return.

Summary

• Archer $ACHR is an attractive speculative growth investment with huge market potential - but also high risk.
• If the plan can be executed without major delays, the value of the company can increase multifold.
• However, if it fails in certification, logistics, or gaining public trust, the stock's value could plummet.