Archer Aviation to acquire Hawthorne Airport for $126m.

Archer Aviation, an electric vertical takeoff and landing aircraft company, agreed to acquire Hawthorne Airport, an airport in Los Angeles, for $126m. “The era of advanced aviation has arrived—not as a distant vision, but as a tangible reality. At Archer, we are not waiting for the future; we are building it. The time to seize this transformative opportunity is now,” Adam Goldstein, Archer Founder and CEO.