The air taxi company Archer anticipates that the defense demand will further increase in the short term.

date
17/06/2025
California-based electric vertical takeoff and landing aircraft developer Archer Aviation Inc is currently up about 5%. The electric aircraft manufacturer Archer Aviation Inc expects its defense-related business sales to surpass commercial air taxis in the short term. The company's CEO Adam Goldstein said at the Paris Air Show to Bloomberg TV, "Due to the time needed for passenger services to scale up, defense business will definitely become the largest component of our business in the short term."