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.

Earnings data Q3 2021

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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.

Stellantis N.V. 

Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth

Global automaker Stellantis will mass produce an electric vehicle take-off and landing aircraft for Archer Aviation as part of an expanded partnership that includes giving the startup-turned-publicly traded company access to up to $150 million in additional capital over the next two years.

Stellantis to mass produce Archer's electric aircraft in expanded deal

The global auto maker plans to help Archer build its first electric aircraft at a factory in Georgia.

Stellantis to Build Flying Taxis With Archer Aviation

SANTA CLARA, Calif.--( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR) today announced that the proposed Airworthiness Criteria for its Midnight aircraft have been published in the Federal Register by the FAA, a significant milestone on its path to commercializing urban air mobility in the U.S.

Archer's Airworthiness Criteria for its Midnight Aircraft Published in Federal Register

The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be certified for use.

U.S. FAA proposes airworthiness criteria for Archer Aviation air taxi

The UAM is a large potential market with various opportunities for Archer to capture share. ACHR has a vertically integrated model to capture the economics of the full ecosystem.

Archer Aviation: Stock Could Be Worth A Lot More If It Hits Guidance

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SANTA CLARA, Calif.--( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR) today announced that Maker successfully completed its first transition to full wing-borne flight on November 29, 2022. Maker has 12 propellers attached to six booms on a fixed wing. All 12 propellers provide vertical lift during take-off and landing. The forward 6 propellers tilt forward to cruise position to provide propulsion during forward flight, with the wing providing aerodynamic lift like a conventional airplane. During this flight, Maker's tilt propellers were locked in cruise position for the first time and the aircraft flew at a calibrated airspeed of 91 knots (105 mph).

Archer Completes Maker's First Full Transition Flight

SANTA CLARA, Calif.--( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR), a leader in eVTOL aircraft, today publicly unveiled its production aircraft, Midnight, a pilot-plus-four-passenger eVTOL aircraft during its Open House event in Palo Alto, CA. Midnight is the evolution of Archer's demonstrator eVTOL aircraft, Maker, which has validated its proprietary twelve-tilt-six configuration and key enabling technologies.

Archer Unveils its Production Aircraft, Midnight™

SANTA CLARA, Calif. & TAIPEI, Taiwan--( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and E-One Moli Energy Corp. (Molicel), an industry-leading supplier of lithium-ion battery cells, today announced they have entered into a memorandum of understanding for Molicel to manufacture and supply the battery cells for Archer's production electric vertical takeoff and landing (eVTOL) aircraft, Midnight.

Archer Selects Molicel to Supply Battery Cells for its Production Midnight™ Aircraft

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SANTA CLARA, Calif.--( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Garmin (NYSE: GRMN), a leading provider of aviation technologies and solutions, today announced they have entered into an agreement for Garmin to supply the G3000® integrated flight deck for Midnight.

Archer Enters Into Agreement for Garmin to Supply Key Avionic Systems for Archer's Production Aircraft, Midnight™

Archer Aviation has distinguished itself by achieving several industry-first milestones, including a $1B conditional purchase agreement with United Airlines. Additionally, it continues to execute on schedule as its vision, with the cash on hand to do so & access to further financing to continue to do so.

Archer Aviation: Steady Progress Towards Ascension

SANTA CLARA, Calif.--( BUSINESS WIRE )--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans to locate its manufacturing facility in Covington, Georgia at a site adjacent to the Covington Municipal Airport.

Archer Aviation Selects Site in Georgia Adjacent to the Covington Municipal Airport for its Manufacturing Facility

My initial outlook on the firm was resoundingly bearish. Cheap money, a fanciful narrative and poor investor prudence saw capital flood into the project.

Revisiting Archer Aviation's Sky-Taxi Dream

Archer Aviation Inc. (NYSE:ACHR ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Andrew Missan - Chief Legal Officer & Secretary Adam Goldstein - Co-Founder and Chief Executive Officer Thomas Muniz - Chief Operative Officer Mark Mesler - Chief Financial Officer Conference Call Participants Savi Syth - Raymond James Andres Sheppard - Cantor Fitzgerald Bill Peterson - JP Morgan Edison Yu - Deutsche Bank Josh Sullivan - The Benchmark Company David Zazula - Barclays Operator Good afternoon. Thank you for attending today's Archer Aviation Inc. Q3 2022 Financial Results Conference Call.

Archer Aviation Inc. (ACHR) Q3 2022 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 third quarter ended September 30, 2022.

Archer Announces Third Quarter 2022 Results

United announces its first planned route involving Archer aircraft.

Why Archer Aviation Stock Is Gaining Altitude Today

United Continental Hlds

NEW YORK--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) today announced their first airport to city center route between United's hub at Newark Liberty International Airport (EWR) and New York City.

Archer and United Airlines Announce First Commercial Electric Air Taxi Route in the US: Downtown Manhattan to Newark Liberty International Airport

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Archer To Report Third Quarter Operating Update and Financial Results on November 10, 2022

Archer Aviation Inc said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its aircraft certified by the end of 2024.

Archer Aviation plans to build 250 air taxis in 2025

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Archer to Unveil Production Aircraft Midnight™ at its November 16th Open House Event

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SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations. In his role, Romanowski will collaborate with regulatory authorities and industry to form a forward-leaning position on policy, process and global certification expectations. “My career has been dedicated to improving safety. The safe advancement and implementation o

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