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
