Simplify Logo
Archer

Archer

Develops electric vertical takeoff and landing aircraft

About

Archer is developing electric vertical takeoff and landing aircraft for urban air mobility networks, with a focus on innovating in powertrain technologies to enable the commercialization of eVTOL aircraft. The company is building a proprietary electric powertrain system that is significantly more power dense and higher efficiency than what is in the market today, while maintaining a long service life.

Company Stage

IPO

Employees

1,001-5,000

Industries

Automotive & Transportation, Hardware, Energy, Social Impact, Aerospace

Total Funding

$2.4B

Headquarters

N/A

Founded

2020


Simplify Jobs

Simplify's Take

What believers are saying

  • Archer's collaboration with Southwest Airlines and other major partners could lead to widespread adoption of eVTOL technology, revolutionizing urban air mobility.
  • The completion of high-volume manufacturing facilities positions Archer to scale production rapidly, meeting growing demand for eVTOL aircraft.
  • Strong financial investments and strategic agreements, such as those with Abu Dhabi, provide a solid foundation for accelerated growth and market expansion.

What critics are saying

  • The nascent eVTOL market faces regulatory hurdles that could delay commercial operations and impact revenue.
  • High dependency on successful integration and performance of new technologies, such as high-volume battery pack manufacturing, poses operational risks.

What makes Archer unique

  • Archer Aviation focuses on electric vertical takeoff and landing (eVTOL) aircraft, setting it apart from traditional aviation companies.
  • Strategic partnerships with major airlines like Southwest and mobility platforms like KakaoMobility enhance Archer's market reach and operational capabilities.
  • Significant investments from industry giants like Stellantis and agreements with Abu Dhabi underscore strong financial backing and confidence in Archer's technology.

Growth & Insights
Headcount

6 month growth

0%

1 year growth

14%

2 year growth

57%

Recently Posted Jobs

Sign up to get curated job recommendations

Archer is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Archer's jobs every 8 hours, so check again soon! Browse all jobs →