"They are the Official Air Taxi Provider for the LA28 Olympic Games, were selected in three winning eIPP applications spanning eight states, and partner with Anduril on a dual-use hybrid aircraft Goldstein calls "the most sophisticated vertical lift platform ever developed." Add partnerships with NVIDIA, Palantir, and Starlink, plus international launch programs across the UAE, Ko"
Archer Aviation reported Q1 2026 results with continued losses but operational momentum. EPS was -$0.28 and revenue totaled $1.60 million from Hawthorne Airport operations, while the net loss widened to $217.70 million. Research and development spending rose to $171.70 million as FAA Type Certification advanced and the Anduril hybrid aircraft program progressed. Adjusted EBITDA loss of $172.50 million matched guided expectations. Cash and equivalents were $951.10 million, with total liquidity near $1.80 billion. The company is pre-revenue at scale, with commercialization tied to FAA milestones. It has completed Phase 3 and is in Phase 4 of FAA Type Certification, and it is positioned for initial air taxi operations, government awards, and AI deployments, supported by multiple partnerships and international programs.
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