Archer Aviation Acquires Hawthorne Airport for $126M
November 7, 2025
Archer Aviation signed definitive agreements to acquire control of Hawthorne Airport (Hawthorne Municipal Airport) near Los Angeles for $126 million in cash and raised $650 million of additional equity capital. Archer intends to use the 80-acre site as the operational center for its planned Los Angeles air taxi network and as an AI-powered aviation testbed to develop next-generation air traffic and ground operations systems.
- Buyers
- Archer Aviation
- Targets
- Hawthorne Airport (Hawthorne Municipal Airport / Jack Northrop Field)
- Sellers
- City of Hawthorne
- Industry
- Transportation
- Location
- California, United States
- Transaction Type
- Buyout
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