SURPRISE - NEXT BIG PUMP! Archer Aviation - ACHR Stock - Martyn Lucas Investor

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NEXT BIG PUMP! Archer Aviation

Archer Selected as the Official Air Taxi Provider of the LA28 Olympic and Paralympic Games and Team USA in Exclusive Deal

Los Angeles, CA (May 15, 2025) — Today, Archer (NYSE: ACHR) announced that it has been selected as the Official Air Taxi Provider of the LA28 Olympic and Paralympic Games and Team USA. Through this exclusive partnership, the two will look to integrate Archer’s Midnight eVTOL aircraft across the LA28 Games in a variety of ways, such as transporting VIPs, fans, and stakeholders, while electrifying vertiport take-off-and-landing hubs for key venues and providing support for emergency services and security.

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Flying taxis could have their moment at the 2028 Olympics

As the Paris Olympics draw to a close, plans are afoot to use electric air taxis for shuttling visitors around the 2028 Summer Games in Los Angeles.

Why it matters: Air taxis were supposed to be zipping over Paris during the past two weeks, but the electric aircraft — which take off and land vertically — still need regulatory approval.

Many of the half dozen or so leading companies working on so-called "eVTOLs" say they're making progress toward certification, with a splashy presence looking realistic for the 2028 Olympics.
Driving the news: One such company, Archer Aviation, plans to launch a Los Angeles air mobility network as early as 2026, it announced Thursday.

Service would begin slowly, with a handful of aircraft on select routes, Archer chief commercial officer Nikhil Goel tells Axios.
The goal is to be "at scale" by the 2028 L.A. Olympics.

Archer Aviation, Inc. engages in the development of electric vertical take-off and landing (eVTOL) aircraft. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018, and is headquartered in San Jose, CA. The listed name for ACHR is Archer Aviation Inc

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