Q4’24 & Full Year 2024 Results Highlights with Archer F… — Transcript

We really hit our stride this quarter, so I wanted to share a couple of key updates from earnings today. We introduced our launch edition commercialization program. This is the way that we'll commercialize, monetize, and deploy aircraft globally, and we can do it in a repeatable and scalable way. We also announced our first launch edition partner, Abu Dhabi Aviation. They're a large helicopter operator in the Middle East. So here's how it's going to work: we partner with a country, a regulator, and a large operator, and then we'll deploy aircraft prior to FAA certification. With each partner, we'll send a small fleet of aircraft and a team of pilots, engineers, and maintenance staff to help stand up the local network. This will generate tens of millions of dollars in revenue for Archer on a per-partner basis. So why are they doing this? Well, many countries believe that the air taxi industry will be quite large, but it will require several years to get things going. They want to start early, and they're willing to pay for it. This strategy of ours divorces our sole dependence on waiting for FAA certification, and it will allow the world to put the building blocks in place to really scale the industry. The goal of this pragmatic approach is all about Archer being able to deploy every aircraft that we build. On the defense front, we're continuing to make great progress on our hybrid aircraft that we're developing with ANDR. It's become very clear that the U.S. needs autonomous and attritable solutions. We cannot have expensive solutions at risk or lose our best pilots. Beyond defense, the next big area of growth for Archer is software. Software is the critical piece that will allow us to make aviation scalable and ubiquitous. I'm excited to tell you more about this over the coming quarters. Thanks to the Archer team; your work has been incredible. In 2025, you'll see the culmination of years of foundational work come together. We'll be flying in Abu Dhabi, we'll be ramping manufacturing, and we'll be making progress on the defense front. Thank you.

repeatable and in a scalable way we also announced our first launch edition partner Abu Dhabi Aviation they're a large helicopter operator in the Middle East so here's how it's going to work we partner with a country a regulator and a

large operator and then we'll deploy aircraft prior to FAA certification and then with each partner we'll send a small Fleet of aircraft in a team of Pilots engineers and maintenance staff to help stand up the local network and this will generate

tens of millions of dollars in revenue for Archer on a per partner basis so why are they doing this well many countries believe that the air taxi industry will be quite large but it will require several years to get things going so

they want to start early and they're willing to pay for it this strategy of ours it divorces our sole dependence on waiting for fa certification and it will allow the world to put the building blocks in place to really scale the industry and

so the goal of this pragmatic approach is all about Archer being able to deploy every aircraft that we build on the defense front we're continuing to make great progress on our hybrid aircraft that we're developing with andr it's become very clear that

the US needs autonomous and attritable solutions we cannot have expensive Solutions at risk our best Pilots Beyond defense the next big area of growth for Archer is software software is the critical piece that will allow us to make Aviation scalable and

ubiquitous I'm excited to tell you more about this over the coming quarters thanks to the Archer team your work has been incredible in 2025 you'll see the culmination of years of foundational work come together we'll be flying in Abu Dhabi we'll be ramping

manufacturing and we'll be making progress on the defense front thank you