Archer Aviation Secures Key European Foothold with Serbia eVTOL Deal Ahead of Expo 2027
In a move that expands the map for urban air mobility, California-based Archer Aviation (NYSE: ACHR) has secured a pivotal partnership with the Government of Serbia. The agreement designates Archer as the official air taxi provider for the 2027 Specialised Expo in Belgrade, laying the groundwork for future commercial eVTOL (electric vertical take-off and landing) services in the region.
The deal represents a strategic European beachhead for Archer, which has until now focused its commercialization efforts primarily on the U.S., with additional partnerships in the Middle East and Asia. Analysts see the Expo 2027 platform as a critical global showcase, offering Archer a live, international stage to demonstrate its Midnight aircraft and operational model to potential customers, regulators, and future city partners.
Beyond the Expo, the memorandum of understanding includes options for the future sale of aircraft fleets and explores potential industrial collaboration within Serbia. This could involve local maintenance, repair, and operations (MRO) capabilities, aligning with broader European ambitions to foster a homegrown advanced air mobility ecosystem. The announcement comes as the debate intensifies over the valuations of pre-revenue eVTOL companies, with investors weighing long-term potential against near-term commercialization hurdles.
Reactions & Analysis
Mikhail Petrov, Transport Analyst, Eurasia Group: "This is a classic soft-power play. Serbia is using a major international event to fast-track its technological profile. For Archer, it's a low-risk, high-visibility entry into a continent that is still defining its eVTOL regulatory framework. The real value will be measured in the fleet options exercised after the Expo's closing ceremony."
Clara Jensen, Sustainable Urban Mobility Advocate: "I'm cautiously optimistic. The promise of clean, quiet urban transit is compelling, but we must see detailed environmental impact assessments and community integration plans. These services must be designed for accessibility from day one, not just as a luxury for a few."
David K. Miller, Former Aviation Executive & Commentator: "Another press release masquerading as progress. Let's be blunt: this is a non-binding MoU for an event four years away. The sector is drowning in hype and partnership announcements while burning cash. Until I see certified aircraft carrying paying passengers on a scheduled route, this is just noise for the retail investors."
Anya Petrović, Tech Journalist, Balkan Insights: "The local industrial collaboration angle is the most intriguing part for Serbia. If it moves beyond symbolism, it could position the country as a niche hub for AAM servicing in Southeast Europe, creating skilled jobs and attracting further investment."