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Archer Aviation Named Official Air Taxi Provider for 2028 LA Olympics

May 16, 2025 (4 days ago)
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Archer Aviation secures a landmark partnership with the 2028 LA Olympics, enhancing its commercial viability and market presence.

Partnership with 2028 LA Olympics

  • Archer Aviation has been named the Official Air Taxi Provider for the 2028 Los Angeles Olympic and Paralympic Games, marking a significant milestone in its commercial strategy1
  • The company will deploy its piloted, four-passenger electric air taxis to transport VIPs, fans, and stakeholders between vertiport hubs at key venues1
  • The partnership includes plans to electrify take-off and landing facilities and integrate aircraft into Team USA logistics and broadcast support2

FAA Certification and Commercial Launch Progress

  • Archer has made progress toward obtaining FAA Part 135 air taxi certification, a critical step toward launching commercial services in 20251
  • The company expects to deliver its first Midnight aircraft to Abu Dhabi Aviation this summer, with commercial operations in the UAE set to begin by Q4 20253

International Expansion and Production Ramp-Up

  • Archer is expanding its presence in South Korea, Japan, and India, signaling aggressive growth ambitions in global markets3
  • The company has begun building its first conforming units, with plans to produce up to 10 aircraft in 2025 and reach a production rate of two aircraft per month by year-end4

Strategic Partnerships and Financial Strength

  • Archer is collaborating with major partners, including United Airlines, Palantir Technologies, and Anduril Industries, across commercial, technology, and defense sectors3
  • The company has strengthened its liquidity, with cash and equivalents rising to $1 billion, up $196 million from year-end 20244
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