Archer Aviation (ACHR): UAE Launch On Track

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Archer Announces First Quarter Results, Highlighting On-Track UAE Launch & New “Launch Edition” Customers

May 12, 2025 4:05 PM EDT

UAE Launch remains on track for later this year with plans to deliver a piloted Midnight aircraft to the UAE this summer The Midnight Launch Edition program rolls out with its first two customers: Abu Dhabi Aviation and Ethiopian Airlines Partnering with Palantir to build artificial intelligence for the future of next-gen aviation technologies Total cash position surpasses $1B, leading the industry with Q1'25 spending landed within its guided range

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Archer Aviation Inc. (Archer or the Company) (NYSE: ACHR) today... More