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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...
Summary My initial outlook on the firm was resoundingly bearish. Cheap money, a fanciful narrative and poor investor prudence saw capital flood into the project. A booming capital market provided momentum for the venture to take off. Since then, capital markets have shifte...
Archer Aviation Inc. (ACHR) Q3 2022 Earnings Conference Call November 10, 2022, 17:00 PM ET Company Participants Andrew Missan - Chief Legal Officer & Secretary Adam Goldstein - Co-Founder and Chief Executive Officer Thomas Muniz - Chief Operative Officer ...
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 ...
United Airlines Holdings (NASDAQ: UAL) announced its first planned commercial route using "flying cars" made by Archer Aviation (NYSE: ACHR) , and Archer investors are getting excited about the potential of the partnership. Shares of Archer traded up as much as 13% on Thursd...
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 ...
Summary ARK Invest’s 13F portfolio value decreased from $16.91B to $14.35B this quarter. UiPath, Ginkgo Bioworks, and NVIDIA were increased while decreasing Spotify, Ionis Pharma, CRISPR Therapeutics, and Coinbase Global. The top three positions are Tesla Inc., Zoom Vid...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In 1940, automaker Henry Ford said, “Mark my words: a combination airplane and motorcar is coming.” Ford was teased for the statement, but now, decades later, the same technologies that power drones and steer ...
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 ahe...
Summary Blade is one of my favorite eVTOL stocks to buy now before the 2024 Urban Air Mobility boom. The company hit record Q2 2022 revenue and continues to grow its market share through domestic expansion and acquisitions. Blade made a movie cameo in Uncut Gems starring Adam ...
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2024-07-27 10:29:00 ET Soaring 228% in 2023, Archer Aviation (NYSE: ACHR) stock made impressive progress toward regaining the altitude it had lost after its debut on the public markets in 2021. Sadly for Archer investors, however, the momentum hasn't extended into 2024, and shar...
2024-07-26 17:15:00 ET With shares down by around 54% since inception, Archer Aviation (NYSE: ACHR) has been a punishing investment for long-term shareholders. The decline can be blamed on poor operating performance, high interest rates making unprofitable growth s...