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Archer Aviation

Closed (deSPAC)

Industrials · electric vertical takeoff and landing (eVTOL) aircraft

What it is
Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks
What it’s doing now
Merging with Atlas Crest Investment Corp. (ACIC) — closed (despac).
What you should know
The deal carries a $600M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA. To learn more, visit www.archer.com . Contacts : Archer Samuel Swanson sswanson@archer.com For Investors investors@archer.com Source: Archer Text: ArcherIR

Source: S-4/A, accession 0001104659-21-102597

What the company says about itself

Web research — not audited

Archer is building across three vectors advancing the future of aerospace and aviation: Air Taxi (urban air mobility), UAV (dual-use autonomous VTOL aircraft), and Artificial Intelligence (AI backbone for aviation). The company also focuses on propulsion. Products include the Midnight air taxi, Archer Halo platform, ZEE AI foundation model, and Powertrain. They are designing, manufacturing, and testing products in the United States with facilities in San Jose, CA; Covington, GA; Hawthorne, CA; and Salinas, CA.

Markets:
Aerospace | Defense | Aviation | Urban Air Mobility | Artificial Intelligence
Products:
Midnight | Archer Halo | ZEE | Powertrain
Customers:
AEG | Boeing

Source: https://www.archer.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Archer Aviation is merging with Atlas Crest Investment Corp. (ACIC) currently marked Closed (deSPAC).

Headline equity value
PIPE≈ $600M · unsourced
Minimum cash to close$600M

Structure per SEC accession(s) 0001104659-21-033380. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Archer Aviation going public?

Archer Aviation has an approved merger with the SPAC Atlas Crest Investment Corp. (ACIC). Deal status: Closed (deSPAC).

Does Archer Aviation have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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  • ACII Atlas Crest Investment Corp. II · Liquidated