Archer Aviation Expands Operations Base for Los Angeles Air-Taxi Network
Archer Aviation has signed agreements to acquire Hawthorne Municipal Airport in Southern California for $126 million. The 80-acre airport will serve as the company’s primary hub for commercial eVTOL operations in the Los Angeles area. Archer plans to use the airport as a testbed for AI-powered aviation technologies and has raised $650 million in new equity capital. The company has also completed a 55-mile piloted flight of its Midnight eVTOL aircraft. The acquisition was first reported by AeroTime.