Air Taxi Firm Archer Sees More Defense Demand in Near Term

Adam Goldstein at the Paris Air Show in Paris on June 16.Photographer: Nathan Laine/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Leen Al-Rashdan, Guy Johnson, and Kate Duffy

June 16, 2025 at 5:32 AM EDT

Updated on

June 16, 2025 at 10:11 AM EDT

Electric aircraft maker Archer Aviation Inc. expects its defense-related sales outstripping commercial air taxis in the short term.

“In the near term the defense side could certainly become the biggest part of our business” as passenger services take time to scale up, Chief Executive Officer Adam Goldstein said in an interview with Bloomberg TV at the Paris Air Show. Shares in Archer rose as much as 7.6% in premarket trading on Monday.