Archer Aviation (US:ACHR) Yahoo Financeยท2025-10-30 10:15Core Insights - Archer Aviation has signed a deal with Korean Air to introduce eVTOLs in South Korea, with plans for Korean Air to purchase up to 100 Midnight aircraft [1] - The eVTOL industry is projected to be a $1.5 trillion sector by 2040, with potential FAA approval for commercial flights as early as 2026 [2][4] - Archer expects to generate its first commercial revenue in late 2025 through an agreement with Abu Dhabi Aviation, anticipating low tens of millions in payments over the next 18 to 24 months [5] - Archer has acquired a patent portfolio from Lilium GmbH for over $20 million, gaining control of approximately 300 patents related to advanced air mobility technologies [6] - Archer's liquidity stands at $2 billion, significantly higher than its nearest rival, Joby Aviation, which has $991 million [10] - Wall Street has shown strong interest in Archer, with major firms like BlackRock and Vanguard purchasing millions of shares [12] Company Overview - Archer Aviation is based in San Jose, California, employs 774 full-time staff, and is currently valued at $7.2 billion while still in its pre-revenue phase [1] - The company is led by CEO Adam Goldstein, who has achieved notable milestones recently [1] - Archer reported an adjusted net loss of $114 million in Q2 and expects to burn through $110 million to $130 million in the current quarter, indicating a multiyear runway due to its liquidity [11] Industry Context - The average American loses 43 hours a week in traffic, highlighting the potential demand for eVTOLs as a solution to urban congestion [3] - The eVTOL market is gaining traction, with expectations for the first commercial flights to begin in the near future, potentially transforming urban transportation [4][8] - Archer's competitive position may improve if it secures FAA certification ahead of its rivals, providing a first-mover advantage in the growing eVTOL sector [9]