Highest-materiality recent filing
Archer Q1 2026: record FAA cert progress, ~$1.8B cash, but no revenue or EPS disclosed
First eVTOL company to close Phase 3 of FAA's 4-phase Type Certification process for Midnight aircraft.
Counterclaim in NDCA alleges unfair competition and false advertising by Joby.
Archer Q4/FY2025: FAA 100% Means of Compliance accepted; liquidity ~$2B
Ended FY 2025 with ~$2.0B liquidity, a record; met Adjusted EBITDA loss guidance.
Filed on Feb 23, 2026 in Eastern District of Texas alleging Vertical's Valo aircraft infringes multiple Archer patents.
Archer Aviation files motion to dismiss lawsuit filed by Joby Aero
On January 23, 2026, Archer filed a motion to dismiss the complaint previously disclosed on November 21, 2025.
Archer completes first phase of Hawthorne Airport acquisition, gains control of LA real estate
Acquired master lease from City of Hawthorne and associated subleases, gaining control of 80-acre airport real estate.
Exclusive access to Karem's tiltrotor technology validated by U.S. Army for Archer's next-gen hybrid VTOL aircraft.
Joby sues Archer for trade-secret misappropriation over hiring of former Joby employee
Joby Aero filed complaint on Nov 18, 2025 in Santa Cruz County Superior Court against Archer and one employee.
Acquisition of Master Lease (through 2055) and Subleases at Hawthorne Airport for $126M in cash; closing expected by end of 2025.
Archer raises $650M equity, posts Q3 net loss of $129.9M, acquires Hawthorne Airport for $126M
Registered direct offering of 81.25M shares at $8.00 for $650M gross proceeds; expected close Nov 10.
Archer wins bid to acquire Lilium's eVTOL patent portfolio for €18M
Acquires ~300 patent assets covering ducted fans, battery management, flight controls, high-voltage systems.
Archer Q2 net loss $206M, cash $1.72B; manufacturing ramp to 6 Midnight aircraft
Net loss $206M, adj. EBITDA loss $118.7M; total operating expenses $176.1M.
Gross proceeds $850M from 85M shares at $10.00/share; expected close June 16, 2025.
Archer Aviation named exclusive air taxi provider for LA28 Olympic Games and Team USA
Partnership includes transporting VIPs, fans, and stakeholders using Archer’s Midnight eVTOL aircraft during the 2028 Games.
Archer Q4 net loss $198M; starts Midnight production, Abu Dhabi first commercialization customer
Q4 GAAP net loss $198.1M; FY2024 net loss $536.8M; Adjusted EBITDA -$94.8M in Q4.
Archer raises $301.75M equity offering; Q4 non-GAAP op ex guidance reaffirmed
Issued 35.5M shares at $8.50/share for gross proceeds of $301.75M; net proceeds ~$289.8M.
Archer Aviation raises $301.75M in direct offering of 35.5M shares at $8.50
Gross proceeds of $301.75M from sale of 35.5M shares of Class A common stock at $8.50 per share.
Archer Aviation's Class B stock auto-converts to Class A as 10% threshold triggered
On Dec 31, 2024, all outstanding Class B Common Stock automatically converted to Class A Common Stock because Class B shares fell below 10% of total outstanding shares.
Stockholders approved increase in authorized Class A common stock from 700M to 1.4B shares (587.9M for, 17.0M against).
Archer raises $430M in equity and partners with Anduril for military VTOL aircraft
Raised $430M in private placement at $6.65/sh; $5M subject to stockholder approval; total capital nearly $2B.
Archer Aviation Q3 cash over $500M, GAAP net loss $115.3M; order book reaches $6B+
Cash and cash equivalents finish Q3 at $501.7M; quarterly spend nearly flat vs Q2.
Stellantis commits up to ~$400M: ~$372M in manufacturing labor and up to ~$20M in initial capex.
Archer CFO on medical leave; court orders Wisk warrant exercisable, ~$11,913/day interest
CFO Mark Mesler takes temporary medical leave effective Sep 9, 2024; expected return Q1 2025.
Archer raises $175M PIPE at $3.35/sh; Stellantis commits up to $400M for manufacturing
Raised $175M from institutional investors and $55M from Stellantis (July 1) for total $230M since Q2 end.
Archer Aviation issues 17.4M shares to Stellantis for $55M gross proceeds
Drew remaining $55.0M under Forward Purchase Agreement with Stellantis dated Jan 3, 2023.
Archer Q1 net loss $116.5M; 100+ flights, Midnight closing on transition milestone
GAAP net loss $116.5M; adj. EBITDA -$86.8M; total operating expenses $142.2M ($89.1M non-GAAP).
Ended FY2023 with ~$625M liquidity; Q4 net loss $109.1M, non-GAAP adj. EBITDA -$85.2M.
On March 31, 2025, Archer Aviation Inc. (the “Company”) announced the appointment of Harsh Rungta as its Senior Vice President, Finance and Chief Accounting Officer, effective immediately.
Effective September 9, 2024, Archer Aviation Inc.’s (the “Company” or “Archer”) Chief Financial Officer, Mark Mesler, will take a temporary medical leave.
During Mr. Mesler’s leave, Priya Gupta, age 41, the Company’s Vice President of Finance, will serve as its acting Chief Financial Officer and acting principal financial officer.
Effective March 25, 2024, Thomas Muniz, formerly Archer Aviation Inc.’s (the “Company”) Chief Operating Officer, transitioned to serving as the Company’s Chief Technology Officer.
Effective March 28, 2024, Andy Missan transitioned from his role as Chief Legal Officer of the Company to serving as a Senior Advisor to the CEO for an initial term of one year.
Eric Lentell, the Company’s current Deputy General Counsel, will assume the role of General Counsel and lead the legal function going forward.
Max materiality 0.90 · Median 0.65 · Most common event other_material