Archer Aviation Inc. (ACHR) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.917 from the highest levels of the US government and how the Olympics mandate has become 00:00:04.917 -- 00:00:10.224 a global stage for us to showcase air taxis as we work to commercialize and drive 00:00:10.224 -- 00:00:16.031 global scale. This quarter, we made meaningful progress on every front worldwide, 00:00:16.031 -- 00:00:21.578 from LA to Abu Dhabi to Seoul. With multiple White House executive orders 00:00:21.578 -- 00:00:26.504 now establishing a presidential imperative to begin air taxi deployments in America as 00:00:26.504 -- 00:00:31.663 early as next year, The eVTOL integration pilot program has enabled Archer to shift 00:00:31.663 -- 00:00:37.470 decisively from vision to execution, scaling commercial air taxi operations 00:00:37.470 -- 00:00:42.436 across the UAE, America, and in select other cities globally. 00:00:42.436 -- 00:00:46.882 We're especially focused on winning Los Angeles because if we can prove electric air 00:00:46.882 -- 00:00:52.529 taxis work in one of the world's most congested, complex, and highly regulated cities, 00:00:52.529 -- 00:00:56.714 I believe we can subsequently scale the product across the U.S. 00:00:56.714 -- 00:01:01.729 and the world. Today I'll start by sharing a strategic development that gives us a 00:01:01.729 -- 00:01:06.996 unique ability to launch and scale in LA. A one of a kind opportunity to acquire 00:01:06.996 -- 00:01:12.162 control of Hawthorne Airport, one of LA's most strategically located airfields 00:01:12.162 -- 00:01:17.889 and use it as our anchor hub for air taxis ahead of the LA 28 Olympic Games and beyond, 00:01:17.889 -- 00:01:22.381 as well as a test bed for our AI technologies under development. 00:01:22.381 -- 00:01:27.526 After that, I'll discuss key rece...