Archer Aviation

Archer Aviation Inc. is a publicly traded aerospace and defense technology company headquartered in San Jose, California, which is developing electric vertical takeoff and landing aircraft for urban air taxi and defense operations. It was founded on 16 October 2018 by Adam Goldstein and Brett Adcock, and Goldstein is now sole chief executive and chairman. The company went public in September 2021. United Airlines is its first major corporate partner, Stellantis agreed in 2023 to supply up to 150 million dollars of equity and to act as exclusive contract manufacturer, and the Federal Aviation Administration issued its Part 135 air carrier certificate in June 2024. Its piloted four-passenger aircraft Midnight is designed for speeds up to 150 miles per hour and a range of 100 miles, and a 400,000 square foot manufacturing facility was completed in Covington, Georgia in December 2024.