News & Events zu Archer Aviation Inc. (ACHR)ACHRArcher Aviation Inc.

Archer Aviation Completes HSR Waiting Period

Archer Aviation announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the previously announced agreements pursuant to which Archer will acquire Boeing's Wisk Aero, SkyGrid and Insitu subsidiaries. The expiration of the HSR Act waiting period occurred at 11:59 p.m. EDT on September 18. The expiration of the HSR Act waiting period satisfies a key condition to closing the transaction. Completion of the transaction remains subject to the satisfaction or waiver of other customary closing conditions, including receipt of certain other regulatory approvals, which are underway. The transaction is expected to close by the end of 2026. The transaction is set to create an end-to-end physical AI platform for aerospace and defense, combining Wisk, Insitu and SkyGrid's pioneering autonomy, electric vertical take off and landing aircraft, unmanned aircraft systems and airspace intelligence technologies with Archer's product suite and leading purpose-built AI foundation model, ZEE.

America's Consortium for Electric Skyways Supports Texas Air Taxi Program

America's Consortium for Electric Skyways, ACES, announced plans to support Texas' air taxi operations under the White House's eVTOL Integration Pilot Program, eIPP, by expanding interoperable electric aviation charging infrastructure in the state across key locations like airports, FBOs and other points of interest. "Texas is preparing the way for America to lead the world in commercializing the next generation of aviation technologies, and infrastructure is how that push becomes real," said Adam Goldstein, Founder and CEO of Archer Aviation. "ACES plans to put interoperable chargers where eIPP operations will take place, built on an open standard the whole industry can use. That's the foundation Texas needs to set the region up for passenger air taxi flights across the Texas Triangle as part of the final phase of the Texas eIPP pilot. "

Archer Aviation Completes First City-to-City Roundtrip Flight

Archer Aviation announced the completion of Midnight's city-to-city roundtrip flight between Salinas and Hollister, CA - the first stop on the company's 'No Roads' flight tour. Midnight completed the round trip between Salinas Municipal Airport and Hollister Municipal Airport in roughly 12 minutes each way, which by comparison can each take 40 minutes or more by car. The all-electric aircraft reached speeds of 125 mph, cruised at 3,550 feet, and covered over 40 miles roundtrip.