Archer Aviation (Archer) has successfully raised an additional US$850 million through a direct share offering, following the announcement of a new Executive Order by President Trump. The order sets in motion an eVTOL (electric vertical take-off and landing) Integration Pilot program aimed at fast-tracking the deployment of advanced air mobility solutions across the United States.
Archer plans to align closely with the White House, the Department of Transportation and the Federal Aviation Administration to support the rapid integration of eVTOL aircraft into national infrastructure. This strategic collaboration is particularly timely as Archer prepares to serve as the official air taxi Provider for both the LA 28 Olympic Games and Team USA. The company sees cross-industry partnerships as essential for achieving American leadership in the eVTOL sector.
Next week, Archer will be presenting its Midnight aircraft at the Paris Air Show. The company is set to host officials from over 20 nations, including leaders from the United Arab Emirates, which is identified as Archer’s first “Launch Edition” market. During the event, CEO Adam Goldstein will meet with U.S. Secretary of Transportation Sean P. Duffy and acting FAA Administrator Chris Rocheleau.
Goldstein described the Executive Order as a turning point for both Archer and the eVTOL industry. He emphasised that the new funding provides Archer with the strongest balance sheet in the sector, enabling expansion within the U.S. and internationally. The infusion brings Archer’s total liquidity to approximately US$2 billion.
The US$850 million was raised via the sale of 85 million Class A shares at US$10.00 each, with Moelis & Company LLC acting as the exclusive placement agent. Proceeds will support the development of commercial infrastructure, global market initiatives, and an AI-based aviation software platform.
