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2023-05-25 12:48:27 ET The acting administrator of the Federal Aviation Administration, Billy Nolen, is in talks to join Archer Aviation ( NYSE: ACHR ), per a report from Reuters. Citing sources familiar with the situation, the report indicates Nolen will depart his ...
2023-05-12 13:45:54 ET Summary The Archer Aviation Inc. schedule seems to be slipping, but more timeline risk remains. Timeline and cash pile and consumption seem to be out of sync. I am bullish on eVTOLs, but I do not share the optimism that many have as far as eVTOL stocks b...
2023-05-11 19:41:04 ET Archer Aviation Inc. (ACHR) Q1 2023 Earnings Conference Call May 11, 2023, 05:00 PM ET Company Participants Andy Missan - Chief Legal Officer Adam Goldstein - Founder and Chief Executive Officer Tom Muniz - Chief Operating Officer Mark ...
2023-05-11 16:10:47 ET Archer Aviation press release ( NYSE: ACHR ): Q1 GAAP EPS of -$0.46 in-line. Cash, cash equivalents and short-term investments of $450M as of March 31st, coupled with our previously announced strategic funding of up to $150M from Stellantis. Q2...
Final Assembly of Midnight Now Complete, Aircraft Prepares for Flight Test Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the first quarter ended March 31, 2023. This press release featu...
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...
2023-05-04 05:27:06 ET It may not be cloud cars or desert skiffs, but the FAA has some pretty bold plans that could soon bring Star Wars to life. According to an updated operational blueprint released by the agency, changes to airspace procedures would be made to accommodate flying ...
2023-04-24 09:50:12 ET Eve Holding ( NYSE: EVEX ) stock slipped shortly after Monday’s opening bell as TD Cowen offered a lukewarm review of the stock. While equity analyst Cai von Rumohr indicated that the company is “well-positioned” in the eVTOL s...
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 operat...
2023-03-25 09:30:00 ET Get ahead of the market by subscribing to Seeking Alpha's Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports a...
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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...