Archer Announces Third “Launch Edition” Partner, Striking Deal to Deploy Midnight Aircraft in Indonesia

Archer Announces Third “Launch Edition” Partner, Striking Deal to Deploy Midnight Aircraft in Indonesia

PARIS--(BUSINESS WIRE)--Jun 16, 2025-

1 Magnificent Aviation Stock Down 24% to Buy and Hold Forever @themotleyfool #stocks $ACHR

Archer Aviation (NYSE: ACHR), a builder of electric vertical take-off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Sep. 17, 2021. Its stock opened at $9.40 on its first day but sank to an all-time low of $1.63 on Dec. 27, 2022 as it missed its pre-merger estimates, and rising interest rates squeezed its valuations. But Archer's business stabilized as it delivered its first aircraft and…

PAS 2025: Archer Announces “Third Launch Edition Partner to Deploy Midnight in Indonesia, Potential Order of up to 50 Aircraft” - eVTOL Insights

Archer Aviation announced this week at the Paris Airshow (PAS), it has signed an agreement with PT. IKN to deploy an initial fleet of Midnight aircraft in Indonesia, reports a press release. This is the third country Archer is aiming to deploy Midnight under its “Launch Edition program.” The project comes with plans for an

Archer Aviation Stock Rises On Deal To Deploy Midnight Aircraft In Indonesia

Shares of electric vertical take-off and landing (eVTOL) company Archer Aviation Inc (NYSE:ACHR) are trading higher. The company on Monday announced a deal to launch its Midnight aircraft in Indonesia. What Happened: Archer and PT. Industri Ketahanan Nasional (IKN) signed an agreement to deploy a…

Paris Air Show 2025 – Archer adds Indonesia to list of Midnight eVTOL “launch edition” countries

Archer Aviation announced today that it has signed an agreement with PT. IKN covering plans to deploy an initial fleet of Midnight aircraft in Indonesia, making it the third country in which Archer is planning to deploy Midnight under its “Launch Edition” program. “PT IKN is an Indonesian company dedicated to advancing national resilience through innovation in strategic industries, including advanced manufacturing, infrastructure and sustainable

Archer Announces Third “Launch Edition” Partner, to Deploy Midnight Aircraft in Indonesia

Archer Aviation Inc. announced on June 16th that it has signed an agreement with PT. IKN is covering plans to deploy an initial fleet of Midnight aircraft in Indonesia, making it the third country in which Archer is planning to deploy Midnight under its “Launch Edition” program. PT. IKN is an Indonesian company dedicated to advancing national resilience through innovation in strategic industries, including advanced manufacturing, infrastructure …