Matt Shulman

The thing that KSP doesn’t prepare you for in liquid rocket design is spending hours on McMaster Carr looking at the same 20 fittings and valves scratching your head

I would never go to Mars—six months each way is too far. But I would totally take a vacation on the Moon, which can be done in a week. Lunar volleyball in 1/6 gravity is going to be epic.

Today, we’re sharing our Q3’25 results. This has been a momentous quarter at Archer; here are some of the highlights: ACQUISITION OF LOS ANGELES AIRPORT AS STRATEGIC AIR TAXI NETWORK HUB AND AI TESTBED Signed definitive agreements to acquire control of one-of-a-kind aviation asset in L.A., Hawthorne Airport, for $126M in cash. The airport is located in the heart of the city, less than three miles from LAX, and the closest airport to some of the city’s biggest destinations — SoFi Stadium, The Forum, Intuit Dome, and Downtown L.A.. We plan for the airport to serve as the operational hub for our planned L.A. air taxi network and as a testbed for the AI-powered aviation technologies we are developing and plan to deploy with our airline and technology partners. MIDNIGHT ACHIEVES RECORD FLIGHT MILESTONES TOWARD CERTIFICATION We’ve recently showcased several key performance milestones with our Midnight aircraft— including flights surpassing 50 miles in range and 10,000 feet of altitude. Additionally, Midnight flew demonstration flights on both days of the California International Airshow allowing tens of thousands of spectators to experience how quiet the aircraft is in flight. LILIUM PATENT PORTFOLIO ACQUISITION Closed acquisition of Lilium’s portfolio for $21M, giving Archer access to key next-generation technology in ducted fans, high-voltage systems, flight controls, electric engines, and propellers. This acquisition expands Archer’s global portfolio to over 1,000 assets, giving it one of the strongest portfolios in the industry. UAE COMMERCIAL DEPLOYMENT UNDERWAY & STRONG DEMAND ACROSS APAC In the UAE, we delivered and began flying Midnight in Abu Dhabi over the summer alongside our partner, Abu Dhabi Aviation. Following the commencement of our in-country flight testing, in October, we hosted the UAE General Civil Aviation Authority at our HQ to continue to rapidly advance our UAE regulatory pathway. Across Asia, we strengthened our international reach through marquee partnership announcements with Korean Air, as well as Japan Airlines’ and Sumitomo’s joint venture, Soracle, in Tokyo & Osaka. In addition to these key milestones, we raised $650M of new equity capital, reinforcing our sector-leading balance sheet taking our total liquidity to over $2B now.

Do you covet the hexagon