Archer Aviation Inc. (ACHR) Q1 2025 Earnings Call Transcript

Archer Aviation Inc. (NYSE:ACHR) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET

Company Participants

Eric Lentell - General Counsel
Adam Goldstein - Founder and CEO
Tom Muniz - CTO
Priya Gupta - Interim CFO

Conference Call Participants

Andres Sheppard - Cantor Fitzgerald
Edison Yu - Deutsche Bank
Josh Sullivan - The Benchmark Company
Bill Peterson - JPMorgan
Savi Syth - Raymond James
Austin Moeller - Canaccord
David Zazula - Barclays
Chris Pierce - Needham
Amit Dayal - H. C. Wainwright

Operator

Good afternoon. Thank you for attending today's Archer Aviation Q1 2025 Financial Results Conference Call. My name is Cole and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call. [Operator Instructions]

I'd now like to pass it over to Eric Lentell. Please go ahead.

Eric Lentell

Thank you for joining Archer's earnings call. This is Eric Lentell, Archer's General Counsel. During today's call, we'll be making forward-looking statements. These statements are based on assumptions as of today and we undertake no obligation to update them as a result of new information or future events. There are risks and uncertainties that may cause our actual results to differ materially from those contemplated. For more information about these risks and uncertainties, please refer to the risk factors in our SEC filings. Today, we will also be discussing both GAAP and non-GAAP financial measures. A reconciliation of those financial measures is included in today's shareholder letter and earnings release.

And now I'll turn it over to Adam. Adam?

Adam Goldstein

Thanks, Eric. All right. Let's dive in. Archer is pushing the boundaries of what's possible and reshaping the future of aviation for years to come. Today, we're going to talk about how we're making that future happen. As I've talked about before, 2025 is an inflection point