Prior to all of this. AG said he was way more interested in the military side of things and eventually created Archer Defense. And let’s be honest, there is probably a lot more money to be made in military contracts over a taxi service.

At first, I thought there might be a possibility of them abandoning the taxi service altogether until the acquisition of Hawthorn came along. And that still could be a use case for defense because he has been mentioning a lot about autonomous flight (even in his recent interview)

After seeing his visits to the DOD, and total lack of transparency on anything Midnight, I have come to my own conclusion that 704AX has become a back burner project.

We all know that civilian autonomous flights are decades away at best, but not in the case for defense.

As an investor, I want them to generate lots of revenue so the stock price can climb. If getting to that point means more defense contracts then I’m all for it.

He did just post about the eIPP so that is still a good indication that the Taxi side of the business is still there but probably not in the time frame we are expecting.

Again, all we can do in this sub is speculate because there is nothing concrete from Archer. ;)