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ARCHER AVIATION (NYSE: ACHR) STOCK QUOTE

Last Trade: US$3.48 -0.19 -5.18
Volume: 6,097,980
5-Day Change: -7.20%
YTD Change: -43.32%
Market Cap: US$992.980M

LATEST NEWS FROM ARCHER AVIATION

GreenStockNews
The goal of the partnership with Etihad Aviation Training (“Etihad Training”) is to support Archer’s efforts to establish urban aircraft mobility operations across the UAE in coordination with the Abu Dhabi Investment Office (“ADIO”), and other local partners, including Falcon Aviation and Air Chateau. Archer and Etihad... Read More
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Midnight’s Flight Test Campaign Accelerates – Closing In On Transition Milestone. In Q1, Archer flew 100+ flights, keeping us on track to exceed our goal of 400 flights this year. Midnight is closing in on its transition milestone, meaning it would take off vertically, accelerate until it transitions from thrust-born to... Read More
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Archer’s battery pack manufacturing team has installed an “automotive style” line that is designed for high-volume production from day one with the capability of producing up to 15,000 battery packs per year This facility will produce the proprietary battery packs needed to support the ramp of Archer’s aircraft production at... Read More
SANTA CLARA, Calif. / May 07, 2024 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) today announced that members of its management team are scheduled to participate in upcoming investor conferences. BofA Securities: Transportation, Airlines and Industrials Conference 2024 Thursday, May 16, 2024 in New York, NY 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference Tuesday, May 21, 2024 in Boston,... Read More
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Archer is working with Abu Dhabi to operationalise its air taxi services, in-country manufacturing, and training across the region Archer is coordinating with government partners across Abu Dhabi to develop the necessary vertiports and charging infrastructure Archer and ADIO (Abu Dhabi Investment Office) jointly define an... Read More
SANTA CLARA, Calif. / Apr 22, 2024 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) will report its first quarter 2024 operating update and financial results after market close on Thursday, May 9, 2024. 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... Read More
Former Administrator of the Federal Aviation Administration (FAA) and current Archer executive, Billy Nolen, will lead Archer’s regulatory affairs team as its Chief Regulatory Affairs Officer Former Senior Advisor to the U.S. Secretary of Transportation, and Director of Public Engagement at the US DOT, Lynda Tran, recently joined the team as an advisor and will play a critical role in supporting Archer’s regulatory affairs... Read More
Archer's recent successful battery pack drop tests signify a major milestone for Midnight’s program putting Archer in a strong position to pass this same test in upcoming for-credit testing with the Federal Aviation Administration (“FAA”) Midnight’s battery packs were dropped from 50 feet at 100%, 30% and 0% state of charge at a National Institute for Aviation Research (“NIAR”) lab to simulate extreme impact scenarios Not... Read More
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Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025 On March 8, 2024, Falcon Aviation... Read More
SANTA CLARA, Calif. / Mar 08, 2024 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) Chief Commercial Officer, Nikhil Goel, will present at the 2024 J.P. Morgan Industrials Conference on Tuesday, March 12, at 2:50 PM ET. A live webcast of the conference will be available on Archer’s Investor Relations website here . About Archer Archer is designing and developing electric vertical takeoff and landing aircraft for use in... Read More
Approximately 80% of Archer’s Midnight aircraft’s subsystems and components are sourced from leading aerospace suppliers with certification heritage giving it a significantly de-risked path to certification Construction of three conforming Midnight aircraft underway as flight test program makes rapid progress and Archer expects to complete 400 test flights in 2024 On track to complete build out of volume manufacturing... Read More
Announcement validates Archer’s close working relationship with the FAA and commitment to stringent safety and operational standards Part 145 certification allows Archer to operate a repair and maintenance station This milestone demonstrates Archer’s ongoing collaboration with the FAA as the company continues making progress toward its planned commercialization in 2025 SANTA CLARA, Calif. / Feb 08, 2024 / Business Wire /... Read More
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Key components and systems of the three piloted Midnight aircraft will conform to the intended type design for FAA certification Component manufacturing is well underway, and final assembly is on track to begin in the coming weeks at the Company’s manufacturing facility in San Jose, California This initial fleet of piloted... Read More
SANTA CLARA, Calif. / Feb 05, 2024 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) will report its fourth quarter and full year 2023 operating update and financial results after market close on Monday, February 26, 2024. 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... Read More
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Archer's Midnight aircraft successfully advances through Phase 1 of its flight test program in only 3 months Midnight’s battery system was recently upgraded to include some of the first high voltage battery packs off of Archer’s manufacturing line at its San Jose, California facilities The program continues to make rapid... Read More
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The parties’ collaboration under the NASA Space Act Agreement is focused on ensuring the U.S. leads the world in the next generation of air transportation This initial project is one part of a much larger partnership between Archer and NASA and is focused on achieving the highest levels of battery cell safety and systems for... Read More
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These key hires with decades of aviation industry experience have joined Archer’s commercial team as the company prepares for its planned entry into service in 2025 Miles Rogers joined Archer as its SVP, Head of Marketing bringing 20 years of experience in private aviation to Archer including prior roles at NetJets, Wheels Up,... Read More
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Archer and Atlantic recently signed a memorandum of understanding (MOU) focused on opportunities to operationalize sites for electric aircraft in LA and New York City metropolitan areas, along with Northern California and South Florida Archer and Atlantic plan to install interoperable rapid charging system recently endorsed by... Read More
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The MUSE Design Awards, an International design competition, recognizes Archer’s Midnight as “Transportation Design of the Year” for 2023 The MUSE Design Awards honors and celebrates the world's best in design and innovation Archer’s team of world-class design and engineering professionals set out to celebrate the act of... Read More
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Today at the Dubai Air Show Air Chateau and Archer signed a memorandum of understanding (MOU) covering the planned purchase and providing for an initial non-refundable, pre-delivery payment of $1M by December 31, 2023 The two companies will now work to formalize definitive agreements covering the planned purchase over the... Read More
Rapidly Advanced Commercialization Strategy and Enhanced Already Strong Financial Position As Midnight Takes Flight SANTA CLARA, Calif. / Nov 09, 2023 / Business Wire / Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the third quarter ended September 30, 2023. Archer will be conducting its earnings conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern... Read More
Strategic initiative to provide an innovative and revolutionary urban transportation solution for the country. NEW DELHI / Nov 09, 2023 / Business Wire / InterGlobe Enterprises, India’s foremost travel and hospitality conglomerate and Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that they have entered into a memorandum of understanding (MOU) with the... Read More
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Archer Aviation has purchased several units of BETA’s interoperable and multimodal fast-charging system, which employs the Combined Charging Standard (CCS) utilized by top original equipment manufacturers (OEMs) in the electric aviation industry In September, the General Aviation Manufacturers Association (GAMA) published a... Read More
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Archer and the Abu Dhabi Investment Office recently announced their plans in to make the UAE Archer’s first international launch partner, with the goal of commencing electric air taxi operations in both Abu Dhabi and Dubai in 2026 Midnight will be the featured eVTOL aircraft on display at the Dubai Air Show, which runs from... Read More
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This milestone builds on four years of flight testing which began in 2019, including two years of full-scale flight testing of Archer’s Maker aircraft Midnight’s flight envelope is on track to rapidly advance from hover to full wing-borne flight over the coming months helping pave the way to begin “for credit” testing with the... Read More
SANTA CLARA, Calif. / Oct 24, 2023 / Business Wire / Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing aircraft, announced today that the plaintiff in the federal securities lawsuit filed against Archer on September 21, 2023 ( Cenderelli v. Archer Aviation, Inc. ) has chosen to voluntarily dismiss the case. The plaintiff’s dismissal comes shortly after Archer filed its motion to dismiss the... Read More
SANTA CLARA, Calif. / Oct 19, 2023 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) will report its third quarter 2023 operating update and financial results after market close on Thursday, November 9, 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... Read More
Abu Dhabi Investment Office (ADIO) and Archer held a signing ceremony today at which they, along with other aviation industry leaders from across the region, including Falcon Aviation and GAL-AMMROC, will support the launch of Archer’s all-electric air taxi service across the UAE. Archer and Abu Dhabi Investment Office (ADIO) entered today into a memorandum of understanding (MOU) that sets forth their plans to accomplish the... Read More
GreenStockNews
Archer remains on track with manufacturing facility construction, which began in March, by closing previously announced financing Archer’s strategy of leveraging top tier aerospace suppliers for a majority of Midnight’s aircraft components streamlines the manufacturing processes enabling a capital efficient facility that is... Read More
GreenStockNews
U.S. Air Force moves quickly to begin executing on recently announced contracts, pays Archer nearly $1M for a mobile flight simulator as the first installment of landmark contracts valued at up to $142 Million U.S. Air Force and Archer will begin training Air Force pilots and personnel on Archer's eVTOL aircraft capabilities... Read More
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Archer’s founder and CEO, Adam Goldstein, and former FAA Administrator, Billy Nolen, who is now Archer’s Chief Safety Officer, will discuss Archer and the larger eVTOL aircraft industry’s progress towards the goal of beginning commercial operations in 2025 and reaching scaled operations by 2028 Archer’s Midnight eVTOL aircraft... Read More
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Archer’s receipt of its Special Airworthiness Certificate for Midnight from the Federal Aviation Administration (FAA) means its Midnight aircraft has met all FAA safety requirements necessary to begin flight test operations FAA has now started approving certification plans for Archer’s production aircraft, which will pave the... Read More
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United Airlines’ investment in the PIPE is its third time investing in Archer as it originally invested $25M in 2021 in connection with entering into its aircraft purchase agreement with Archer for up to $1.5B worth of aircraft and just last year made a $10M pre-delivery payment for the first 100 of those aircraft In addition... Read More
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Archer Announces Second Quarter 2023 Financial and Operating Results Archer secures $215 million investment, which includes Stellantis, Boeing, United Airlines, and ARK Investment Management LLC (“ARK Invest”), increasing Archer’s total funding to date to over $1.1 billion, bolstering Archer’s path to FAA certification and... Read More
MOUNTAIN VIEW, Calif. & SANTA CLARA, Calif. / Aug 10, 2023 / Business Wire / Wisk Aero (“Wisk”) and Archer Aviation (“Archer”) (NYSE: ACHR), leaders in the Advanced Air Mobility (AAM) market, along with The Boeing Company (“Boeing”) (NYSE: BA), today announced that they have reached a settlement to resolve the federal and state court litigation between the parties on undisclosed terms. Simultaneously, the parties have... Read More
SANTA CLARA, Calif. / Aug 10, 2023 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) today announced that it has changed the time of its second quarter 2023 earnings conference call and corresponding live webcast from 2:00 PM PT (5:00 PM ET) to 3:00 PM PT (6:00 PM ET) on the same date. The access information has not changed and is as follows: Webcast Information: To access the live webcast, visit the Archer investor... Read More
GreenStockNews
Visit from the U.S. Marine Corps comes on the heels of Archer’s industry leading deal with the U.S. Air Force announced just last week Focus on use of Archer’s aircraft continues to be on personnel transport, logistics support, rescue operations and more as Archer’s aircraft is expected to provide a much safer and quieter... Read More
SANTA CLARA, Calif. / Jul 31, 2023 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) will report its second quarter 2023 operating update and financial results after market close on Thursday, August 10, 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... Read More
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Archer has been partnering with the Department of Defense (DoD) since 2021 on a series of projects through the Air Force’s AFWERX program with the goal of helping the AFWERX Agility Prime program assess the transformational potential of the vertical flight market and eVTOL technologies for DoD purposes This new execution phase... Read More
On the heels of adding Former FAA Administrator, Billy Nolen, Archer makes another key executive hire with Goel, the co-founder of Uber Elevate Goel to lead Archer’s global commercialization strategy including business development and international expansion efforts as Archer looks to capitalize on the strong global demand it is seeing Archer continues to execute on its commercialization strategy and is the only OEM with an... Read More
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Over 70 representatives from the DOT, White House, FAA, NASA, FCC, DOD, DHS, NTIA and other agencies attended the event. Advanced Air Mobility (AAM) Interagency Working Group tasked with creating national strategy in support of the FAA’s stated goal of achieving safe integration of Advanced Air Mobility into national airspace... Read More
LE BOURGET, France / Jun 21, 2023 / 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... Read More
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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... Read More
Nolen brings 30+ years of experience in safety, regulatory affairs and flight operations to Archer and a deep passion and excitement for the future of advanced air mobility SANTA CLARA, Calif. / Jun 13, 2023 / 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... Read More
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AMSTERDAM & SANTA CLARA, Calif. / Jun 09, 2023 / Business Wire / Archer Aviation Inc. (NYSE: ACHR) and Stellantis N.V. will attend the 54 th edition of the 2023 Paris Air Show, starting June 19, 2023, to share progress toward scaling manufacturing of Archer’s Midnight eVTOL aircraft as Archer prepares for planned... Read More
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Final Assembly of Midnight Now Complete, Aircraft Prepares for Flight Test SANTA CLARA, Calif. / May 11, 2023 / 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... Read More
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After a successful flight test campaign over the last two years with its two Maker aircraft, final assembly is now complete on Archer’s first Midnight aircraft and Archer is now preparing for its planned first flight this summer. The Midnight aircraft has recently garnered significant attention from the U.S. Department of... Read More
As Archer’s Midnight aircraft progresses towards commercialization, it is garnering significant interest from the Department of Defense as a result of its performance specifications, including Midnight’s payload of ~1,000 lbs. The potential use cases for Archer’s Midnight aircraft are focused on non-kinetic applications such as rescue operations and supply chain logistics. The board is comprised of Retired 3-star Lieutenant... Read More
SANTA CLARA, Calif. / Apr 20, 2023 / 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... Read More
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United Airlines and Archer have selected O’Hare International Airport (ORD) to Vertiport Chicago as the next point to point route in which the two companies will utilize Archer’s electric vertical takeoff and landing (eVTOL) aircraft as part of their urban air mobility (UAM) network buildout Chicago has a long-standing... Read More
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... Read More
After Significantly Expanding Its Partnership With Stellantis Earlier This Year, Archer Continues Its Momentum Towards Commercialization By Nearing Completion Of First Build of Midnight, Its Production Aircraft Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the fourth quarter and fiscal year ended December 31, 2022. Archer will be conducting its earnings... Read More
Significant Milestone Towards Its Goal Of Manufacturing Conforming Midnight Aircraft In Q4 2023 And Beginning Piloted Flight Test Operations With Its Conforming Aircraft In Early 2024 All major aerostructures (i.e., wing, tail, and fuselage) have been built and mated together A significant portion of the wiring, electronics, actuators and other systems have been installed Initial flight testing scheduled to begin with the... Read More
Industry-first high-volume facility for manufacturing eVTOL aircraft strategically located adjacent to the Covington Municipal Airport This is where Archer and Stellantis are set to join forces to begin manufacturing Archer’s Midnight eVTOL aircraft in 2024 On February 28th Archer closed on the local incentive transaction for the project that, along with a Georgia REBA grant, totals ~33% of the planned capital investment On... Read More
Archer Aviation Inc. (NYSE: ACHR) will report its fourth quarter and full year 2022 operating update and financial results after market close on Thursday, March 9, 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... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced that the Company will participate in the following investor conferences: Credit Suisse’s 28 th Annual Energy Summit in Vail, CO on February 27, 2023 Raymond James’ 44 th Annual Institutional Investors Conference in Orlando, FL on March 7, 2023 J.P. Morgan’s 2023 Industrials Conference in New York, NY on March 14, 2023 In addition to the above live conferences, Archer will be... Read More
Stellantis and Archer join forces to manufacture Archer’s Midnight eVTOL aircraft Stellantis will contribute advanced manufacturing technology and expertise, experienced personnel and capital to enable the aircraft manufacturing Stellantis’ contribution will allow Archer to strengthen its path to commercialization by helping it avoid hundreds of millions of dollars of spending The goal is for Stellantis to mass produce... Read More
Archer is the second company to achieve this significant milestone, further solidifying its standing as a leader in the eVTOL aircraft industry Midnight is designed to be safe, sustainable, quiet, carry four passengers plus a pilot (with an expected payload of over 1,000 pounds) and is optimized for back-to-back 20-mile trips, with a charging time of approximately 10 minutes in between Archer is working to certify Midnight... Read More
On Tuesday, November 29, Archer completed Maker’s first full transition flight less than a year after its first hover flight, the culmination of several months of intensive flight testing Full transition occurs when the aircraft “transitions” from lift generated by the propellers at low speeds to lift generated by the wing at higher speeds, and the tilt propellers are locked forward in the cruise position Maker is one of a... Read More
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Midnight is the evolution of Archer’s demonstrator electric vertical take off and landing (eVTOL) aircraft, Maker, which has validated its proprietary 12 tilt 6 configuration and key enabling technologies. Midnight is designed to be safe, sustainable, quiet and carry four passengers plus a pilot. Midnight will have an expected... Read More
As a world-class manufacturer of high-performance, superior quality rechargeable lithium-ion battery cells, Molicel brings over 40 years of manufacturing and supply chain experience to Archer’s growing list of suppliers The selection of Molicel represents another important step towards Archer’s goal of developing the supply base necessary to allow it to manufacture Midnight reliably and at scale Archer Aviation Inc. (NYSE:... Read More
This relationship represents yet another foundational supplier for Archer. Sourcing avionic systems from Garmin further advances Archer’s strategy of establishing strategic relationships for the supply of components that are already being used on certified aircraft today, reducing Archer’s certification risk, as well as its development timelines and costs. Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical... Read More
The selection of the site for its manufacturing facility represents a key next step as Archer works towards its goal of being first in the industry to bring up a high-capacity eVTOL production facility. Archer plans to initially build out a 350,000 square-foot facility, capable of producing up to 650 aircraft per year. Construction is expected to be completed in the first half of 2024, with initial production expected to... Read More
Builds On Momentum Towards Commercialization with Continued Success of Maker’s Flight Test Program, Selection of Industry’s First Commercial eVTOL Route with United Airlines, and Upcoming Unveil of Midnight™ Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the third quarter ended September 30, 2022. Archer will be conducting its earnings conference call at 2:00... Read More
Archer Aviation Inc. (NYSE: ACHR) will report its third quarter operating update and financial results after market close on Thursday, November 10, 2022. 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 the financial results and an operating update. Webcast Information : To access the live webcast, visit the Archer investor relations website... Read More
Midnight was recently announced as Archer’s piloted-plus-four-passenger eVTOL aircraft, which it intends to sell to customers like United Airlines and utilize in its planned urban air mobility service The timing of the unveil of the company’s Midnight aircraft is ahead of the company’s planned 2023 schedule and comes on the heels of Midnight’s successful Preliminary Design Review earlier in 2022 Attendees of the Open House... Read More
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... Read More
Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the second quarter ended June 30, 2022. 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 this conference call via a live webcast on our investor relations website at investors.archer.com or by dialing 844-200-6205 (domestic) or +1... Read More
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Archer Aviation Inc. (NYSE: ACHR) today announced that it has received a $10 million pre-delivery payment from United Airlines for 100 of the company’s initial production eVTOL aircraft. The payment represents a watershed moment for the eVTOL industry, validating confidence in the commercialization of eVTOL aircraft and... Read More
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Archer Aviation Inc. (NYSE: ACHR) today announced that it has successfully completed all of its “critical azimuth” flight tests , marking the completion of the second of three key phases of flight testing. The purpose of these tests are to validate the crosswind capabilities of Archer’s eVTOL aircraft configuration and flight... Read More
The relationship demonstrates Archer's continued momentum as it moves toward its goal of achieving Type Certification of its production aircraft in 2024 Archer Aviation Inc. ("Archer") ( NYSE: ACHR ) has entered into an agreement with Honeywell ( NASDAQ: HON ) covering the supply of flight control actuation and thermal management technologies. Honeywell's actuation technology is a key enabler of Archer's 12 tilt 6... Read More
Archer Aviation Inc. (“Archer”) (NYSE: ACHR) and FACC , a global leader in the development and manufacturing of aircraft components and systems, today announced they have entered into an agreement for FACC to fabricate and supply key fuselage and wing elements of Archer’s production eVTOL aircraft that is currently under development. The high-tech expertise of aerospace specialist FACC in the field of lightweight... Read More
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Archer Aviation Inc. (NYSE: ACHR) today announced that based on the recent successes seen in its Maker flight testing program, it is confident it will achieve its goal of flying full transition flights with Maker by year end. The work the team put in during the first half of this year to upgrade and test the aircraft’s Tilt... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced the appointment of Tom Anderson as Chief Operating Officer, Urban Air Mobility. In his role, Anderson will oversee and direct Archer’s planned UAM operations, primarily focused on establishing its commercial operating service. As Archer forges ahead towards a new era of sustainable air mobility, Anderson’s deep experience in airline management, operations, and fleet... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced that it will be included in the Russell 2000 ® and 3000 ® Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022. The annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization. Membership in the US all-cap Russell 3000 ® Index,... Read More
Archer Aviation Inc. (NYSE: ACHR) will report its first quarter 2022 financial results before the market opens on Thursday, May 12, 2022. The Company will host a conference call and corresponding live webcast at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) to discuss the financial results and provide a business update. Webcast Information : To access the live webcast, visit the Archer investor relations website at... Read More
Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) have announced the creation of a joint eVTOL advisory committee. The committee is focused on advising on maintenance and operational concepts to recommend to Archer for its all-electric aircraft aimed at driving towards best-in-class operational standards in the emerging eVTOL industry. The Committee is chaired by Archer’s Vice President of Engineering, Dave... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced that Adam Goldstein has been named sole CEO, as the company prepares for its next phase of growth in the fast-developing urban air mobility market. Brett Adcock, Archer’s co-founder and former co-CEO, will remain on the Company’s Board of Directors. The Company took this step, which it believes will help simplify its operating structure, to drive its flight testing and... Read More
Archer Aviation Inc. (“Archer”) (NYSE: ACHR) and Hexcel (NYSE: HXL), a global leader in advanced lightweight composites technology, today announced they have entered into a letter of intent covering a proposed relationship for the supply of high-performance carbon fiber material that would be used in the manufacturing of Archer’s production aircraft. Under the proposed relationship terms, Hexcel would provide Archer with... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced operating and financial results for the fourth quarter and full year ended December 31, 2021. The Company has issued a shareholder letter discussing its fourth quarter and full year 2021 operating and financial results, as well as its outlook. The shareholder letter may be accessed on the Company’s Investor Relations website here . Commenting on fourth quarter results, Brett... Read More
Archer Aviation Inc. (NYSE: ACHR) will report its fourth quarter and full year 2021 financial results after market close on Monday, March 14, 2022. 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 the financial results and provide a business update. Webcast Information : To access the live webcast, visit the Archer investor relations website... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced the appointment of Mark Mesler as the Company’s Chief Financial Officer. Following the company’s NYSE public debut in 2021, Mark will lead all aspects of Archer’s financial operations, including investor relations, financial planning and analysis, treasury, accounting and operations finance. His immediate focus will be on ensuring the company’s product development and... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced that Maker, Archer’s eVTOL demonstrator aircraft, completed its first successful hover flight. The flight marks the completion of the company’s first full and complete systems test and validation of every hardware and software component working as intended to move the aircraft into the air. The flight test was completed at 10:30 am PT on 16 December and also resulted in the... Read More
Archer Aviation Inc. (NYSE: ACHR) today announced it has received a Special Airworthiness Certificate from the Federal Aviation Administration (“FAA”) covering its Maker demonstrator aircraft. The Special Airworthiness Certificate authorizes Archer to begin flight testing its electric vertical takeoff and landing (eVTOL) Maker aircraft. Having cleared this final threshold to begin off-ground operations, Archer remains on... Read More
Archer Aviation Inc. (NYSE: ACHR), a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, has constructed a best-in-class Flight Control and Software team as the company ramps up to its first flight later this year recently appointing Sergio Ferreira to lead the company’s fly-by-wire flight control system development. Ferreira brings two decades of experience developing, integrating, validating,... Read More
Archer Aviation Inc. (NYSE: ACHR) has announced its financial results for the third quarter of 2021 in its shareholder letter, which is available here or on its investor relations website ( http://investors.archer.com ). Archer will host a live audio webcast of its conference call to discuss the results at 4:30 p.m. ET today. The live webcast will be accessible from Archer’s investor relations website (... Read More
Archer Aviation Inc. (“Archer”) (NYSE: ACHR), a leading developer of eVTOL aircraft, announced that the FAA has issued a CoA and the Aircraft Limitations covering Maker, its flagship demonstrator aircraft. The CoA and the Aircraft Limitations are key components of the Special Airworthiness Certificate, which will be the FAA basis that permits the Maker aircraft to commence test flights. Archer has now relocated its Maker... Read More
Archer Aviation Inc. (NYSE: ACHR), a leading developer of eVTOL aircraft, today announced the hiring of Alan Tepe to lead propulsion inverter design and Jeremy Mayer to head up motor design system development. In his role, Tepe will be responsible for overseeing the design and advancement of the propulsion inverter technology that will help power Archer’s eVTOL aircraft. Mayer will focus on the mechanical design and... Read More
Archer Aviation Inc. (“Archer”) (NYSE: ACHR), today announced that it expects to release its Third Quarter Fiscal Year 2021 financial results on Thursday, November 11, 2021 at 4:00 p.m. Eastern Standard Time. There will be a conference call to discuss these results on Thursday, November 11, 2021 at 4:30 p.m. Eastern Standard Time. A webcast of the event will be available on the Archer investor relations website at... Read More

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