Archer Aviation advances eVTOL certification and plans Boeing subsidiary acquisitions

Archer Aviation, a U.S. eVTOL pioneer, has completed three of the FAA’s four certification phases for its Midnight aircraft and is working through the final phase, aiming for type certification by 2029 and commercial operations thereafter.

The company also intends to acquire three Boeing subsidiaries, including the profitable drone maker Insitu, which generates more than $200 million in annual revenue, while Archer reported about $300,000 in revenue for 2025 and a $260 million loss in the second quarter.