Flying car makers are gaining attention after Trump’s executive order

According to reports, since Trump signed three orders to boost the air traffic industry, flying car companies have garnered more attention and turned the hype into millions in funding. Air taxi maker Archer Aviation is one of the companies that have raised millions in funding.

President Donald Trump’s plans to make America great again are already underway, and the latest development has been the three executive orders he signed on June 11, 2025. All three orders are designed to reduce regulatory barriers and promote innovation in drones and flying cars.

On Thursday, Archer Aviation said it has raised $850 million in funding following Trump’s executive orders, which also focused on bolstering U.S. defenses against hostile drones and supporting the development of supersonic commercial aircraft.

Air transport companies in the spotlight as flying cars appear on the horizon

Archer had already secured $300 million in a funding round led by institutional investors, including accounts managed by BlackRock earlier this year. It has also unveiled plans to establish an air taxi network in New York City in partnership with United Airlines in April.

The company has also been named the official air taxi service for the 2028 Los Angeles Olympics.

British electric-aircraft developer Vertical Aerospace has also revealed that it has expanded its partnership with helicopter ride operator Bristow Group as it aims to bring air taxi services into commercial operation.

The Texas-based Bristow Group—which offers short-distance helicopter rides in several countries, including the UK and the US—has also ordered up to 50 of Vertical’s VX4 aircraft, with the option to purchase 50 more.

Air taxi startups have been heavily investing to secure approvals and commercialize electric vertical takeoff and landing (eVTOL) aircraft, to meet the growing demand for faster, more sustainable urban transportation amid a stringent regulatory environment.

The deal will allow Vertical’s customers access to a scalable eVTOL platform without the need to build operational infrastructure from scratch, the companies said.

“We think … that eVTOL aircraft will be a 60% to 70% reduction in direct operating cost,” David Stepanek, chief transformation officer of Bristow Group, told Reuters.

The partnership also comes with access to certified aircraft, trained pilots, maintenance and insurance via Bristow, with both companies managing aircraft operations for Vertical’s customers.

“This strategic partnership … mirrors what already successfully works in aviation today,” said Vertical Aerospace CEO Stuart Simpson, who also believes that it will lower barriers to market entry and accelerate eVTOL service adoption worldwide.

Last month, Vertical announced it had deepened ties with Honeywell to take key air taxi systems to certification and is in the process of developing a long-range hybrid-electric variant of its VX4 in an attempt to widen its market reach.

Archer plans to demonstrate its flycar cars at the LA28 games

As earlier stated, Archer has been tapped by Los Angeles Olympic organizers to be the official air-taxi service for the 2028 Games, with the unprecedented partnership expected to re-imagine the world’s biggest sporting event for the future.

Archer’s piloted electric Midnight eVTOL aircraft can carry up to four passengers and will reportedly be used to transport VIPs, fans and stakeholders from take-off-and-landing hubs near key venues, while also supporting emergency services and security.

“We want to transform the way people get around Los Angeles and leave a legacy that shapes the future of transportation in America,” Adam Goldstein, CEO and founder of Archer Aviation, said. “There’s no better time to do that than during the LA28 Games.”

The partnership with Archer covers support for Team USA through LA28, organizers said.

Los Angeles, known for its crushing traffic, is expected to host over 15 million visitors during the Games, with events spread out over the city.

“Our vision is to fundamentally re-imagine the Olympic and Paralympic Games experience, and this partnership represents an incredible opportunity to deliver something unprecedented, showcasing the very best of what Los Angeles has to offer on the world stage,” LA28 Chairperson and President Casey Wasserman said.

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