Archer Aviation the Next Big Thing in Flying Taxis? Here’s My Take

Archer Aviation is making waves in the advanced air mobility (AAM) sector, positioning itself as a major player in the race toward flying taxis and eVTOL aircraft. With the FAA’s recent move toward finalizing pilot certification and operational rules for power-lift aircraft, Archer is well-positioned to capitalize on the growing interest in urban air transportation. As the company moves closer to securing FAA certification for its flagship Midnight aircraft, Archer’s progress is hard to ignore.

Despite being a relatively young company, Archer has gained significant traction. Its collaboration with the UAE for a potential launch of air taxi services in late 2025 demonstrates the company’s ambitions on a global scale. The recently constructed 400,000-square-foot facility in Georgia and plans to ramp up production later this year underline the company’s commitment to meeting demand.

However, it’s not just the flying taxi market that’s generating buzz around Archer. The company’s partnership with defense contractor Anduril, to develop a hybrid VTOL aircraft for defense applications, could open the door to lucrative government contracts, significantly boosting the company’s growth potential.

That being said, investing in Archer comes with high risk. The company is still pre-revenue and far from achieving profitability. This makes it a more speculative investment suited for those with a higher risk tolerance. On the upside, the AAM market is projected to be worth trillions by 2040, with Archer’s $6 billion order book putting it in a strong position to tap into this vast potential.

The company’s ambitious goals, coupled with its growing presence in both commercial and defense sectors, suggest it has considerable long-term potential.