Archer Aviation in final assembly for three Midnight aircraft
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Background ✨
Archer Aviation raised USD850 million in a registered direct offering in Jul-2025 to develop commercial capabilities and infrastructure in the US and 'Launch Edition' markets, with an emphasis on supporting its role as the official air taxi provider for the 2028 Olympic Games in Los Angeles1. It also commenced test flights of its Midnight eVTOL aircraft in Abu Dhabi in Jul-2025 to support certification and commercialisation in the UAE2.