Archer Aviation Inc. (ACHR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

from the highest levels of the US government and how the Olympics mandate has become a global stage for us to showcase air taxis as we work to commercialize and drive global scale. This quarter, we made meaningful progress on every front worldwide, from LA to Abu Dhabi to Seoul. With multiple White House executive orders now establishing a presidential imperative to begin air taxi deployments in America as early as next year, The eVTOL integration pilot program has enabled Archer to shift decisively from vision to execution, scaling commercial air taxi operations across the UAE, America, and in select other cities globally. We're especially focused on winning Los Angeles because if we can prove electric air taxis work in one of the world's most congested, complex, and highly regulated cities, I believe we can subsequently scale the product across the U.S. and the world. Today I'll start by sharing a strategic development that gives us a unique ability to launch and scale in LA. A one of a kind opportunity to acquire control of Hawthorne Airport, one of LA's most strategically located airfields and use it as our anchor hub for air taxis ahead of the LA 28 Olympic Games and beyond, as well as a test bed for our AI technologies under development. After that, I'll discuss key recent highlights from across the company, including breakthroughs in technology and certification, momentum and global partnerships, and the maturation of Archer Defense. We announced earlier today that we've signed definitive agreements to acquire control of Hawthorne Airport, a rare asset located less than three miles from LAX and the closest airport to downtown LA, the Forum, Intuit Dome, and SoFi Stadium. site of the 2028 Olympic opening ceremony. The team and I are actually holding today's cal...