Archer Guided to a $200 Million Quarterly Loss. It Has About $1.6 Billion.
Archer guided to a third-quarter adjusted EBITDA loss of $170 million to $200 million, following a $177.1 million loss in the second quarter. The company held $1.56 billion in cash and short-term investments at the end of June, down about $400 million over six months.
Why it matters — A BA watcher would care because Archer is an electric vertical takeoff and landing (eVTOL) air-taxi developer that relies on Boeing-linked partnerships and investments, so its cash burn and funding outlook could affect the broader aerospace ecosystem.