Archer Aviation is an aerospace company. Co. is designing and developing an electric vertical takeoff and landing (eVTOL) aircraft for use in future urban air mobility (UAM) networks. Co.'s eVTOL aircraft is fully electric and emits zero emissions during operations. Co.'s primary core focus is direct-to-consumer, which operates its own UAM ecosystem initially in select U.S. cities, such as Los Angeles and Miami; and business-to-business, which selectively sells certain amount of its eVTOL aircraft to third parties. Co. has a purchase agreement with United Airlines Inc. for the purchase of aircraft.