Business Summary
Archer Aviation Inc. (ACHR) is a pre-revenue aerospace company designing, manufacturing, and planning to operate electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its lead product, "Midnight," is a piloted, four-passenger eVTOL optimized for 20-mile urban trips, currently in the fourth and final phase of FAA Type Certification with piloted flight testing underway since June 2025. Archer plans to generate revenue through three channels: commercial aircraft sales, direct-to-consumer air taxi services, and defense contracts. The company holds FAA Part 135 (Air Carrier), Part 145 (Repair Station), and Part 141 (Pilot Training) certificates.
Products & Services
- Midnight eVTOL aircraft: Piloted, four-passenger electric vertical takeoff and landing aircraft designed for ~20-mile urban trips; in final phase of FAA Type Certification; ~15% of required compliance verification documents received as of early 2026
- Air taxi services (planned): Direct-to-consumer urban air mobility operations leveraging FAA Part...
AI-generated summary of Item 1 (Business) from the 10-K filed Mar 2, 2026 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Institutional holders · 13F
Q2 2026| Largest holders | Reported value |
|---|---|
| BlackRock Inc | $285.0M |
| STATE STREET CORPORATION | $230.2M |
| ARK Investment Management LLC | $151.2M |
| VANGUARD CAPITAL MANAGEMENT LLC | $137.6M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $135.7M |
Annual results · 10-K
Fiscal 2025- Revenue
- $300.0K
- Net loss
- -$618.2M
As reported in the fiscal 2025 annual report.
Funds & ETFs · N-PORT
Securities
Insider trades · Form 4
Latest filings
- Benjamin Lyon 2026-09-24 Sell
- Eric Lentell 2026-08-22 Sell
- Benjamin Lyon 2026-08-19 Sell
- Harsh Rungta 2026-08-19 Sell
- Priya Gupta 2026-08-19 Sell
5%+ holders · 13D/G
3 filers| Filer | % of class | Filed |
|---|---|---|
| STATE STREET CORPORATION 13G | 6.4% | 2026-08-07 |
| BlackRock Inc 13G | 6.9% | 2026-04-24 |
| Stellantis N V 13D | 10.4% | 2026-01-06 |
Latest Schedule 13D or 13G from each filer; stakes a filer has reported closed are left out.