Archer Aviation secures 0 million after Trump orders boost for electric air taxis

Archer Aviation secures $850 million after Trump orders boost for electric air taxis

June 13, 2025 / Susan Darwin /



Air taxi maker Archer Aviation on Thursday said it raised $850 million in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis.

Trump’s orders also focused on bolstering U.S. defenses against hostile drones, and supporting the development of supersonic commercial aircraft.

Earlier this year, Archer secured $300 million in a funding round led by institutional investors, including accounts managed by BlackRock .

In April, Archer unveiled plans to establish an air taxi network in New York City in partnership with United Airlines.

The company has also been named the official air taxi service for the 2028 Los Angeles Olympics.

—Reuters



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Susan Darwin

I focus on highlighting the latest in news and politics. With a passion for bringing fresh perspectives to the forefront, I aim to share stories that inspire progress, critical thinking, and informed discussions on today's most pressing issues.

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