Archer Q4/FY2025: FAA 100% Means of Compliance accepted; liquidity ~$2B

Archer Aviation Inc.

Ended FY 2025 with ~$2.0B liquidity, a record; met Adjusted EBITDA loss guidance.
FAA confirmed final acceptance of 100% of 797 Means of Compliance for Midnight; first eVTOL to achieve this.
Piloted VTOL operations on track for White House eIPP program and UAE commercial launch in 2026.
Targeting first passenger-carrying flights in 2026; expanding Midnight fleet for these programs.
Expanded defense: dual-use hybrid aircraft with Anduril; first third-party powertrain deal with Anduril/EDGE.

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