Companies like Archer Aviation and Joby Aviation still haven't earned material revenue. Urban air taxis still have a lot of ...

The program is officially titled the Advanced Air Mobility and Electric Vertical Takeoff and Landing (eVTOL) Integration Pilot Program (eIPP) and is run by the U.S. Department of Transportation and ...

Archer’s Midnight displayed at the 2025 Dubai Airshow. Credit: Archer Aviation Archer and Joby have both announced plans to launch flight testing in Saudi Arabia, part of an effort to establish air ...

In February, the company showcased a test flight of its Matrix V5000, which it claims is the world's first 5-ton eVTOL. ( ...

Archer Aviation is making progress on its FAA certification. In October, it had two successful demonstrations of its Midnight craft. The company is still pre-revenue and needs government certification ...

Archer Aviation is a speculative start-up air taxi company. Archer is still waiting for FAA approval for its aircraft, meaning it has no revenue at present. It's quickly burning through investor cash, ...