Archer Aviation

Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018 and is headquartered in San Jose, CA.

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Archer Aviation reports strong Q4 performance and growth opportunities

Archer Aviation's Q4 2022 earnings call highlighted strong financial performance, progress in technology development, and strategic partnerships driving growth.
The company faces challenges in compliance, certification progress, and managing spending estimates, but remains optimistic about achieving key milestones.
Opportunities lie in leveraging partnerships, optimizing production processes, and enhancing infrastructure development for commercialization and growth.

Archer Aviation advances aircraft development and UAM operations successfully

Archer Aviation is making significant strides in aircraft development and UAM operations, supported by strong partnerships and liquidity. While facing challenges in FAA certification, the company's strategic approach and focus on risk reduction position it well for future growth and market entry.

Archer Aviation excels in Q2, secures key contracts and funding

Archer Aviation's Q2 2023 earnings call highlighted significant achievements, strong financial backing, and strategic partnerships positioning the company for growth and innovation in the Advanced Air Mobility sector.
While facing challenges in regulatory compliance, technology integration, and operational scalability, Archer's focus on safety, simplicity, and strategic collaborations presents opportunities for market leadership and expansion.
The company's performance in certification progress, infrastructure readiness, and financial transparency underscores its commitment to excellence and readiness for commercial launch and future growth.
With a clear roadmap for technology integration, defense partnerships, and market expansion, Archer is poised to capitalize on opportunities in autonomy, defense contracts, and industry advancements.

Archer Aviation reports Q3 losses, progresses on eVOTL development

Archer Aviation's Q3 2023 performance reflects losses but highlights progress in eVOTL aircraft development and cost-efficient manufacturing strategies.
Challenges include delays in various aspects of operations, while opportunities lie in partnerships, DoD payments, and resilience to EV market slowdown.
The company's strengths in battery technology, manufacturing approach, and strategic planning provide a foundation for future growth and success.

Archer Aviation excels in Q4 earnings, poised for eVTOL market leadership

Archer Aviation's Q4 2023 earnings call highlighted robust financial performance, progress in FAA certification, and strategic partnerships driving growth in the eVTOL market.
The company's capital-efficient approach, strong liquidity position, and focus on operational excellence position Archer well for future scalability and market leadership.
While facing challenges in cash management and certification timelines, Archer's strengths in strategic sourcing, partnerships, and design confidence offer significant opportunities for revenue growth and market expansion.

Archer Aviation excels in Q1, poised for international growth

Archer Aviation's Q1 performance highlights significant achievements in flight testing, FAA certification, and strategic partnerships, positioning the company for future growth.
The company's strengths lie in its safety focus, design simplicity, financial stability, and progress in international markets and electric aviation commercialization.
Challenges include certification timelines, operational costs, DoD program priorities, and battery production capacity, requiring strategic planning and execution.
Opportunities for Archer include international market expansion, revenue growth from contracts, technological advancements, and successful commercialization of electric aviation.

Archer Aviation excels in Q2 with key partnerships and growth opportunities

Archer Aviation's Q2 earnings call highlighted strong performance, key partnerships, and financial updates driving growth.
While facing challenges in order book management and cost efficiency, opportunities in international markets and strategic partnerships abound.
With a focus on operational progress, technical capabilities, and market positioning, Archer is poised for growth in the urban air mobility sector.
Balancing financial strategies, operational excellence, and market expansion will be crucial for Archer's continued success and market leadership.

Archer Aviation excels in eVTOL commercialization with FAA milestones

Archer Aviation's Q3 performance reflects strong advancements in eVTOL commercialization and financial stability.
While facing challenges in production, certification, and market strategies, Archer's strengths lie in FAA milestones and partnerships.
Opportunities for growth exist through market expansion and strategic planning for future success in the eVTOL sector.

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Archer Aviation, Inc. engages in the development of electric vertical take-off and landing (eVTOL) aircraft. The company was founded by Brett Adcock and Adam Goldstein on October 16, 2018, and is headquartered in San Jose, CA.

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One of today's big movers is Archer Aviation (NYSE: ACHR ). Shares of the electric vertical takeoff and landing (eVOTL) aircraft maker are up approximately 15% in early afternoon trading, as investors pile into ACHR stock on a couple of key announcements.

Why Is Archer Aviation (ACHR) Stock Up 15% Today?

Stellantis just spent $25 million to buy more stock in eVTOL company Archer Aviation. The additional funding will help offset massive cash burn at Archer.

Why Archer Aviation Stock Is Flying High Today

LE BOURGET, France--(BUSINESS WIRE)--Paris Air Show - Safran Electronics & Defense and Archer Aviation Inc. (NYSE: ACHR) today shared details of their ongoing collaboration on cutting-edge avionics technology, which kicked off back in 2021. This collaboration is focused on delivering groundbreaking solutions to Archer that utilizes Safran Electronics & Defense's industry-leading components that have a proven track record of safety and performance. The two companies have initially focuse.

Safran and Archer Collaboration Produces Cutting-Edge Avionics Technology For Archer's Midnight eVTOL Aircraft

Stellantis N.V. 

Stellantis , Archer Move Partnership from ‘Concept Phase' to ‘Execution Phase' Construction is well underway on the world's first high-volume eVTOL aircraft manufacturing facility in Covington, Georgia, USA Experienced Stellantis personnel are providing expertise alongside Archer teams to prepare efficient, innovative manufacturing operations Stellantis recently increased its strategic shareholding in Archer through a series of purchases of Archer stock in the open market Archer's Midnight aircraft currently featured at the Paris Air Show PARIS AIR SHOW, LE BOURGET, FRANCE, June 19, 2023 - Archer Aviation Inc. (NYSE: ACHR) and Stellantis N.V. today announced progress in their strategic manufacturing partnership at the 2023 Paris Air Show.

Stellantis, Archer Move Partnership from ‘Concept Phase' to ‘Execution Phase'

Archer Aviation stock has more than doubled since my last coverage. eVTOLs have been riding a positive wave of momentum. Appointment of former FAA administrator has significant advantages for Archer Aviation's success.

Archer Aviation: eVTOL Stock Flying High

Archer Aviation (NYSE: ACHR ) is soaring today on news of an important hire. The company, known for producing electric vertical take-off and landing vehicles (eVTOLs), has added Billy Nolen to its staff as Chief Safety Officer.

Why Is Archer Aviation (ACHR) Stock Up 17% Today?

Air taxi maker Archer Aviation said on Tuesday former Federal Aviation Administration (FAA) acting administrator Billy Nolen had joined the company as chief safety officer.

Archer Aviation hires former acting FAA administrator

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) has appointed Billy Nolen, former acting FAA Administrator, as its Chief Safety Officer. Nolen's expertise in aviation safety and flight operations, along with his deep passion and excitement for advanced air mobility, will further strengthen Archer's ability to successfully commercialize urban air mobility at scale. “Billy is an incredible leader and has long been a staunch supporter of the eVTOL aircraft industry, spearhe.

Billy Nolen, Former FAA Administrator, Joins Archer as Its Chief Safety Officer

Joby Aviation

Joby Aviation and Archer Aviation are leading the eVTOL market in terms of progress on FAA Certification, with Joby holding the lead overall. Both companies are well-capitalized, with healthy balance sheets and robust quantities of cash on hand. Continued progress on product development could see them getting their product to market in less than two years. This should draw increasing levels of investor attention and early-stage buy-in.

Joby Aviation And Archer Aviation: Both Good To Buy On Near-Term Momentum

Archer Aviation Inc. (ACHR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Archer Aviation Inc. (ACHR) Upgraded to Buy: Here's What You Should Know

Federal Aviation Administration (FAA) acting chief Billy Nolen is expected to take a position with electric air taxi firm Archer Aviation's after he leaves the agency, sources told Reuters.

Acting FAA chief expected to join air taxi firm Archer Aviation -- sources

The Archer Aviation Inc. schedule seems to be slipping, but more timeline risk remains. Timeline and cash pile and consumption seem to be out of sync.

Archer Aviation Stock Tumbles: An eVTOL Dream Crashing?

Archer Aviation Inc. (NYSE:ACHR ) Q1 2023 Earnings Conference Call May 11, 2023 5:00 PM ET Company Participants Andy Missan - Chief Legal Officer Adam Goldstein - Founder and Chief Executive Officer Tom Muniz - Chief Operating Officer Mark Mesler - Chief Financial Officer Conference Call Participants Bill Peterson - J.P. Morgan Andres Sheppard - Cantor Fitzgerald Edison Yu - Deutsche Bank Savi Syth - Raymond James David Zazula - Barclays Operator Good afternoon.

Archer Aviation Inc. (ACHR) Q1 2023 Earnings Call Transcript

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the first quarter ended March 31, 2023. Archer will be conducting its earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today. You can access a live webcast on our investor relations website at investors.archer.com or the conference call by dialing 844-200-6205 (domestic) or +1 929-526-1599 (international) and entering.

Archer Announces First Quarter 2023 Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has now completed the final assembly of its first Midnight aircraft. With final assembly and initial testing complete, last week the aircraft was shipped from Archer's Palo Alto facility to its flight test facility in Salinas, California and reassembled. Archer will now take this aircraft through a series of ground tests leading up to its.

Archer Rolls Out First Midnight Aircraft; Prepares for Flight Test

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR) today announced the formation of a Government Services Advisory Board to support Archer's planned expansion of its existing relationship with the U.S. Department of Defense (“DoD”). Over the last few years, Archer has completed several projects with the DoD and has several still underway. As Archer's Midnight aircraft progresses toward commercialization, it is garnering significant interest from the Department of Defense as.

Archer Aviation Forms Government Services Advisory Board to Support Planned Expansion of its Existing Relationship With the U.S. Department of Defense

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SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) will report its first quarter 2023 operating update and financial results after market close on Thursday, May 11, 2023. The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its operating update and financial results. Webcast Information: To access the live webcast, visit the Archer investor relations website at investors.archer.com.

Archer To Report First Quarter 2023 Operating Update and Financial Results on May 11, 2023

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United Airlines and eVTOL maker, Archer Aviation Inc., recently announced their first commercial electric air taxi route. Archer's founder, Adam Goldstein, says “We're trying to move the world forward.

Archer And United Airlines Are Trying to ‘Move the World Forward' by Spanning 12 Miles in Chicago

CHICAGO & SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) today announced plans to launch the first air taxi route in Chicago, between O'Hare International Airport (ORD) and Vertiport Chicago. Vertiport Chicago, North America's largest vertical aircraft takeoff and landing facility, is located in the Illinois Medical District near the Chicago Loop.

United Airlines and Archer Announce First Commercial Electric Air Taxi Route in Chicago

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SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR), following-up on the joint statement from the Department of the Treasury, the Federal Reserve and the FDIC regarding their commitment to protect all depositors at SVB, confirms it currently maintains only a small amount of cash with SVB, in the single digit millions of U.S. dollars, representing less than 2% of the Company's total cash, cash equivalents and short-term investments.

News for Archer Aviation Stock (ACHR)