State Street disclosed a 6.4% beneficial ownership stake in Archer Aviation through a Schedule 13G filing. The financial services giant holds approximately 48.7 million shares in the electric air taxi developer. The filing reflects ownership positions as of June 30, 2026.
The disclosure comes just before Archer reports second-quarter earnings on August 10. Investors are seeking updates on Federal Aviation Administration certification and defense-related projects. The upcoming call will also focus on initial revenue generation as the company nears commercial operations.