What Happened
Strong Financial Performance Amid Boeing Deal And FAA Certification
Archer Aviation announced its Q3 2026 results, reporting $5.1 million in revenue and a net loss of $274.6 million. The company received a Market Survey Certificate from the FAA for its Midnight aircraft, unlocking operations in Los Angeles. Archer also partnered with Formula 1 to explore eVTOL air taxi services at Grand Prix events. The acquisition of Boeing’s Wisk, Insitu, and SkyGrid businesses is nearing close, set to accelerate Archer’s evolution into a diversified aerospace and defense platform. This development was first reported by Unknown Source.