Archer Aviation Inc. is developing electric vertical takeoff and landing aircraft and related technologies for advanced aviation. The company focuses on creating a platform for commercial air taxi services and defense applications. Its flagship product is the Midnight eVTOL aircraft designed for urban air taxi operations. Archer also works on a dual use hybrid electric VTOL aircraft for cargo and defense missions. The firm operates within the aerospace and advanced air mobility industry aiming to certify and manufacture its aircraft for global markets.

Archer Aviation Inc. generates revenue primarily through the sale of its aircraft and associated technologies. The company plans to sell the Midnight eVTOL to operators who will provide air taxi services in metropolitan areas. In addition Archer intends to offer direct to consumer air taxi flights using its own fleet in select cities. Revenue will also come from the sale of defense oriented VTOL aircraft and related systems to government and military customers. The firm expects to earn income from maintenance repair and overhaul services for its aircraft as well as from training programs for pilots and technicians. Licensing of its electric propulsion and flight control software may provide another revenue stream. Overall the business model combines product sales with service offerings across both commercial and defense sectors.

The company operates through the following segments: Commercial and Defense.

• The Commercial segment focuses on the sale of the Midnight eVTOL aircraft to air taxi operators and the provision of direct to consumer air taxi flights using Archer’s own fleet in selected urban markets worldwide. It also includes the sale of related technologies such as electric propulsion systems flight control software and support services that enable operators to launch and scale urban air mobility networks.

• The Defense segment is dedicated to the development and sale of next generation hybrid electric VTOL aircraft for military and government customers. This effort includes the joint venture with Anduril Industries to produce a dual use cargo capable VTOL platform as well as the adaptation of Archer’s electric battery pack and electric engines for defense missions such as cargo transport and medical evacuation. The segment also leverages Archer’s participation in DoD programs like AFWERX to advance autonomous vertical flight technologies for national security applications.

Archer Aviation Inc. positions itself as a pioneer in the emerging electric vertical takeoff and landing market alongside companies such as Joby Aviation Lilium and Volocopter. The firm differentiates itself through its proprietary twelve tilt six distributed electric propulsion system which aims to reduce failure points and improve safety while lowering noise levels compared with traditional helicopters. Strategic partnerships with entities like Anduril for defense technology and with cities across the United States for vertiport development provide Archer with early market access and regulatory support. Its ongoing progress in FAA certification and the establishment of a golden manufacturing line in Silicon Valley followed by a high volume facility in Georgia give the company a credible path to scale production. These factors together give Archer a competitive edge in both the commercial air taxi and defense aviation sectors.

Archer Aviation Inc. serves a diverse customer base that includes aircraft operators seeking to launch air taxi services government agencies interested in defense aviation and partners developing urban air mobility infrastructure. Specific customers named in the filing are Anduril Industries Inc. which collaborates on hybrid electric VTOL platforms EDGE Group which has adopted Archer’s electric powertrain for its Omen autonomous air vehicle the Department of Defense which engages Archer through AFWERX programs and the General Civil Aviation Authority of the United Arab Emirates that works with Archer on certification and vertiport development in Abu Dhabi. The company also counts the City of Hawthorne as a customer after acquiring control of Hawthorne Municipal Airport to use as an operational hub for its Los Angeles network. Additional customers include airline operators and infrastructure partners whose names are not disclosed in the filing.