Archer Raises $850M After White House Order, Boosts Liquidity to $2B
Archer Aviation Inc. (NYSE: ACHR), a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, announced a significant financial milestone today with the successful raise of $850 million in new capital. This strategic funding round follows closely on the heels of a pivotal policy move by the White House—an Executive Order signed by President Trump aimed at accelerating the integration of eVTOL aircraft into U.S. airspace through a national eVTOL Integration Pilot Program.
The Executive Order represents a landmark development for the advanced air mobility (AAM) industry, signaling robust federal support for the next generation of electric aviation technologies. The new initiative, led by the Department of Transportation (DOT) and the Federal Aviation Administration (FAA), is designed to establish a regulatory and operational framework to facilitate the safe and efficient introduction of eVTOL aircraft into the national airspace system. Archer is expected to play a central role in this pilot program as it aligns closely with the company’s strategic roadmap to commercialize eVTOL services in the United States.
Capitalizing on Momentum Ahead of LA28 Olympic Games
With this injection of capital, Archer’s pro forma liquidity position now stands at approximately $2 billion, giving the company what it describes as the strongest balance sheet in the eVTOL sector. This financial strength will enable Archer to accelerate its engineering, certification, and commercialization plans, particularly in the lead-up to the 2028 Olympic and Paralympic Games in Los Angeles. Archer has been selected as the Official Air Taxi Provider for the LA28 Games and Team USA, and the company views the event as a watershed moment to demonstrate its air mobility services at scale.
“This Executive Order is a seminal moment for Archer and the eVTOL industry,” said Adam Goldstein, CEO and founder of Archer Aviation. “We now have the strongest balance sheet in the sector and the resources we need to execute both here in the U.S. and abroad. Archer’s future couldn’t be any brighter.”
Archer plans to work closely with the White House, the Department of Transportation, and the FAA to align the goals of the new pilot program with its broader vision of transforming urban and regional mobility. The company believes that a successful public-private collaboration will be key to securing U.S. leadership in this rapidly evolving aviation category, which is poised to reshape how people move in and between cities.
Global Outreach and Diplomatic Engagement at the Paris Air Show
Further reinforcing its position on the global stage, Archer is set to attend the prestigious Paris Air Show next week, where it will showcase its flagship Midnight aircraft. The event will provide Archer with a platform to engage with delegations from over 20 countries, including representatives from key international partners such as the United Arab Emirates—Archer’s inaugural “Launch Edition” market outside the United States.
During the show, Adam Goldstein is scheduled to meet with U.S. Secretary of Transportation Sean P. Duffy and acting FAA Administrator Chris Rocheleau, as well as other global transportation leaders. These discussions are expected to center around cross-border regulatory harmonization, infrastructure collaboration, and international pathways to eVTOL certification and deployment.
The presence of Archer at such a major global aerospace event underscores the company’s dual strategy of pursuing aggressive domestic growth while also forging key alliances in international markets that are eager to adopt clean and efficient air mobility solutions.
Strategic Use of Capital: Building Out Commercial and Technological Capabilities
The $850 million raised was secured through a registered direct offering involving the purchase and sale of 85 million shares of Archer’s Class A common stock at a price of $10.00 per share. The offering was facilitated under an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) on February 11, 2025, and became effective immediately upon filing. Moelis & Company LLC served as the exclusive placement agent for the transaction.
Proceeds from this capital raise will be used primarily for general corporate purposes, with a clear focus on enhancing Archer’s commercial readiness. This includes expanding infrastructure to support operations in both domestic and international markets, further development of its air taxi networks, and continued progress on its proprietary aviation software platform powered by artificial intelligence.
The AI-based aviation platform under development is intended to enhance autonomous flight operations, optimize route efficiency, and integrate seamlessly with urban air traffic management systems. By investing in digital infrastructure alongside physical operations, Archer is preparing for a future in which eVTOL aircraft function as smart, connected nodes within the broader transportation ecosystem.
Strong Industry Signal and Market Confidence
Archer’s ability to raise such a substantial amount of capital in a single offering is widely seen as a testament to market confidence in its business model, technological maturity, and long-term vision. Analysts and industry observers view the capital infusion as a critical differentiator that will allow Archer to maintain momentum in an increasingly competitive space.
While several companies are racing to be first to market with eVTOL services, Archer’s strong liquidity position, government partnerships, and regulatory engagement set it apart as a likely leader in the emerging industry. The backing of the White House’s Executive Order adds an additional layer of credibility to Archer’s timeline and commercial ambitions.
Legal Disclaimer and Regulatory Notes
As required by law, Archer noted that today’s announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. The shares were offered only pursuant to applicable securities laws and under a valid shelf registration statement filed with the SEC. Archer will file a prospectus supplement in connection with the offering, further detailing the terms and intended use of the proceeds.
A New Era for U.S. Aviation
The confluence of policy momentum, private investment, and advancing technology marks a pivotal moment for Archer and the broader eVTOL ecosystem. As the United States positions itself to lead the world in next-generation air mobility, companies like Archer are poised to play an integral role in shaping that future.
With its fortified balance sheet, strategic partnerships, and a clear regulatory path taking shape, Archer is entering its next phase of growth with confidence. The upcoming Paris Air Show, engagements with U.S. transportation officials, and preparations for the LA28 Games all signal a company on the move—literally and figuratively—toward redefining how people connect across cities, regions, and countries.