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

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

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

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

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