19-Apr-2024Source: Archer
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today key strategic hires to bolster its government relations efforts and a Washington D.C. office opening. Former FAA Administrator and current Archer executive, Billy Nolen, is now Archer’s Chief Regulatory Affairs Officer leading Archer’s government affairs efforts and Melissa... Read more
12-Apr-2024Source: NASA
Several air taxi companies are using a NASA-developed computer software tool to predict aircraft noise and aerodynamic performance. This tool allows manufacturers working in fields related to NASA’s Advanced Air Mobility mission to see early in the aircraft development process how design elements like propellers or wings would perform. This saves the industry time and money when... Read more
19-Mar-2024Source: Archer Aviation
Stellantis N.V. and Archer Aviation Inc. (NYSE: ACHR) announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans to bring electric vertical take-off and landing (eVTOL) aircraft to market beginning in 2025. Stellantis’ increased investment in Archer follows CEO Carlos Tavares’ recent... Read more
12-Mar-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi. This collaboration marks a significant step towards launching Archer’s Midnight flying car with Falcon Aviation in... Read more
26-Feb-2024Source: AAR
Trax, a leading global provider of paperless aviation maintenance and engineering software products, announced that it has entered into an agreement with leading electric aviation company, Archer Aviation. Archer will leverage Trax’s web-based enterprise eMRO system and eMobility apps and Trax’s cloud hosting services to manage its planned electric air taxi operations. Trax’s advanced, modular,... Read more
8-Feb-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) announced that they are well underway in constructing the Company’s first three conforming Midnight aircraft, with the first aircraft set to begin final assembly in the coming weeks. Archer’s initial fleet of piloted aircraft will begin piloted flight testing later this year, and subsequently be used in “for credit” flight... Read more
6-Feb-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that the company’s Midnight aircraft has hit another key milestone with completion of Phase 1 of its flight test program. Utilizing learnings from the previous four years of flight testing, Archer’s Midnight aircraft finished the flight test phase in... Read more
23-Jan-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced two key hires who bring decades of additional aviation experience to the company. Long-time private aviation executive, Miles Rogers, has joined Archer as its Senior Vice President, Head of Marketing and Sterling Gerdes has joined Archer as its Product... Read more
22-Jan-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed a Space Act Agreement with the National Aeronautics and Space Administration (NASA). The collaboration will kick off with an initial project focused on studying high-performance battery cells and safety testing targeted for Advanced Air Mobility... Read more
19-Jan-2024Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Atlantic Aviation, a leading fixed-base operator (FBO) network and aviation services provider, announced the recent signing of an MOU focused on establishing sites for electric aircraft operations in the LA and New York City metropolitan areas, along with Northern... Read more
17-Nov-2023Source: Archer Aviation
Archer Aviation Inc., a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Air Chateau International DWC LLC, one of the leading private aviation operators in the UAE, at the Dubai Air Show 2023 signed an MOU covering a planned purchase by Air Chateau of up to 100 of Archer’s Midnight eVTOL aircraft with... Read more
10-Nov-2023Source: InterGlobe Enterprises
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 goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate... Read more
9-Nov-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced its Midnight aircraft will make its Middle Eastern debut at the Dubai Airshow from November 13-17 as the featured aircraft in the Advanced Air Mobility (AAM) Pavilion. Additionally, Archer founder and CEO, Adam Goldstein, is set to deliver a... Read more
7-Nov-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today its Midnight aircraft will make its Middle Eastern debut at the Dubai Airshow from November 13-17 as the featured aircraft in the Advanced Air Mobility (AAM) Pavilion. Additionally, Archer founder and CEO, Adam Goldstein, is set to deliver a... Read more
1-Nov-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today released the following statement and photos from the UAE’s General Civil Aviation Authority (GCAA) regarding the company’s commercial launch in the UAE in 2026 His Excellency Saif Mohammed Al Suwaidi, Director General of the General Civil Aviation Authority, said:... Read more
26-Oct-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that its flight test program hit another key milestone as the company’s Midnight aircraft took flight. This milestone builds on Archer’s four years of flight testing, including two years of full-scale flight testing with Maker. “This next phase of... Read more
23-Oct-2023Source: Archer Aviation
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... Read more
17-Oct-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that it has entered into an agreement with ADIO pursuant to which the parties intend to work together to make Abu Dhabi its first international launch partner, with plans to commence air taxi operations in Abu Dhabi in 2026.... Read more
12-Oct-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that it has closed agreements with Synovus Bank and Evans General Contractors, LLC for the financing and development of its high-volume manufacturing facility in Covington, Georgia. Construction is already underway on the first phase of the Covington facility build... Read more
6-Oct-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that the U.S. Air Force has provided the company with its first installment of nearly $1M on their recently announced contracts valued at up to $142 million. The initial payment is expected to be the first of many... Read more
22-Aug-2023Source: Archer Aviation
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) 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 entered into a collaboration that... Read more
17-Aug-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced that its Midnight eVTOL aircraft has continued hitting key certification milestones on schedule, with the FAA recently starting to approve Archer’s certification plans for its Midnight production aircraft and recently issuing its first Midnight aircraft a Special Airworthiness Certificate... Read more
15-Aug-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced operating and financial results for the second quarter ended June 30, 2023. In tandem with earnings, Archer made a series of announcements that reinforce its path to FAA certification and commercial operations in 2025. Archer has landed a $215... Read more
25-Jul-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) today announced Nikhil Goel has joined as the company’s Chief Commercial Officer. Goel will lead the execution of Archer’s global commercialization efforts as the company prepares to bring Midnight to market in 2025 in the U.S. in partnership with United Airlines. Goel brings deep industry expertise to Archer after co-founding... Read more
6-Jul-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) proudly hosted the Federal AAM Interagency Working Group at its flight test facility recently. The delegation of federal stakeholders featured more than 70 representatives from the DOT, White House, FAA, NASA, FCC, DOD, NTIA, and other agencies who met with over 20 Archer executives. As part of the visit, the attendees... Read more
22-Jun-2023Source: Safran Electronics & Defense
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.... Read more
14-Jun-2023Source: Archer Aviation
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... Read more
14-Jun-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) and Stellantis N.V. will attend the 54th 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 commercialization in 2025. Archer’s Midnight aircraft will be the featured eVTOL aircraft at the Paris Air Show, positioned in... Read more
11-May-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE:ACHR) 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... Read more
28-Mar-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) announced that it has closed the local incentive transaction and begun construction on its high-volume manufacturing facility project in Covington, GA. The planned approximately 350,000 square-foot facility is strategically located adjacent to the Covington Municipal Airport and will be capable of producing up to 650 aircraft per year. This type... Read more
24-Mar-2023Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) 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 take off and landing facility, is located in the Illinois Medical District near the Chicago Loop. This site was... Read more
14-Mar-2023Source: Archer
Archer Aviation Inc. (NYSE: ACHR) announced that it is nearing completion of the final assembly of its first Midnight, the production aircraft it unveiled last November. All major aerostructures (i.e., wing, tail, and fuselage) have been built and mated together and the company reported it has also installed a significant portion of the wiring, electronics,... Read more
2-Dec-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) 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... Read more
18-Nov-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR), a leader in eVTOL aircraft, 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. Midnight is designed to be... Read more
17-Nov-2022Source: Archer
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, 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)... Read more
7-Nov-2022Source: Mecaer Aviation Group
Mecaer Aviation Group and Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, have entered into an agreement for the design, development, qualification, and supply of landing gear for Archer’s piloted-plus-four-passenger eVTOL aircraft, Midnight. Mecaer’s extensive design expertise and its years of production experience across demanding programs were decisive... Read more
31-Oct-2022Source: Archer Aviation
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:... Read more
28-Oct-2022Source: Archer Aviation
Archer Aviation Inc (ACHR.N) 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. See Full Story. ... Read more
11-Aug-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) 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 Archer’s leadership. United is making the deposit on... Read more
1-Aug-2022Source: Archer
Archer Aviation Inc. (NYSE: ACHR) 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 control systems. The company has... Read more
25-Jul-2022Source: Archer Aviation
Archer Aviation Inc. (NYSE: ACHR) will report its second quarter financial results and operating update after market close on Wednesday, August 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 operating update. Webcast Information: To access... Read more
20-Jul-2022Source: Archer Aviation
Archer Aviation Inc. (“Archer”) (NYSE: ACHR) and FACC, a global leader in the development and manufacturing of aircraft components and systems, 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... Read more
17-Jun-2022Source: Archer Aviation
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... Read more
16-Jun-2022Source: Archer Aviation
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... Read more
5-May-2022Source: Archer Aviation
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... Read more
25-Apr-2022Source: Archer Aviation
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... Read more
12-Apr-2022Source: Archer Aviation
Archer Aviation Inc. (“Archer”) (NYSE: ACHR) and Hexcel (NYSE: HXL), a global leader in advanced lightweight composites technology, 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... Read more
7-Feb-2022Source: Archer
Archer Aviation Inc. (NYSE: ACHR) today announced that the U.S. Attorney’s Office has decided not to bring charges against its employee, Dr. Jing Xue, and has decided not to continue the investigation. The investigation had been instigated by allegations of trade secret theft pushed by Wisk, a Boeing joint venture. Wisk’s allegations against Dr. Xue... Read more
31-Jan-2022Source: Archer
Archer Aviation Inc. (NYSE: ACHR) announced new appointments to its Technical Advisory Board. Appointees include Steve Dyer, Paul Martin, and Mark Moore. With numerous awards and career distinctions, the board members’ experience in the Aerospace and Defense industries ranges from 36 to 56 years. The advisory board will be integral in the development and certification... Read more
26-Jan-2022Source: Archer
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... Read more
