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United Airlines’ investment in the PIPE is its third time investing in Archer as it originally invested $25M in 2021 in connection with entering into its aircraft purchase agreement with Archer for up to $1.5B worth of aircraft and just last year made a $10M pre-delivery payment for the fi...
2023-08-11 15:11:21 ET Aerospace start-up Archer Aviation (NYSE: ACHR) announced a new collaboration deal with Boeing (NYSE: BA) and $215 million in new funding. Investors were initially excited, sending Archer shares up 19% at the open Friday. But as the day went on, the st...
2023-08-11 14:33:31 ET Summary Archer Aviation is taking steps to de-risk its path towards successful commercial deployment of its eVTOL aircraft. The company has diversified its end-markets by securing a contract with the US Air Force for its Midnight eVTOL. Archer Aviation h...
2023-08-11 09:35:53 ET Stock markets were poised to move slightly lower on Friday morning, as the latest reading on inflation at the wholesale level inched higher after having seen steep declines in recent months. That sent stock index futures down as much as half a percent. Investors have ...
2023-08-11 06:58:17 ET Archer Aviation ( NYSE: ACHR ) soared in premarket trading on Friday after the company secured a $215M investment from a group that included Stellantis ( STLA ), Boeing ( BA ), United Airlines ( UAL ), and ARK Investment Management. The inv...
2023-08-11 06:56:33 ET Archer Aviation: Best Risk/Reward In The eVTOL Industry Archer Aviation: Stock Remains Cheap At This Level Archer Aviation seen flying higher after Defense Dept contract Flying taxi buzz: Archer Aviation, Stellantis deepen eVTOL partnership...
2023-08-11 05:44:17 ET Stock futures held steady in the early hours of Friday after market participants digested CPI data that was lower than expected. Here are some of Friday's biggest stock movers in premarket trading: Biggest stock gainers For further details see: Biggest...
2023-08-10 23:35:17 ET Archer Aviation Inc. (ACHR) Q2 2023 Earnings Conference Call August 10, 2023 17:00 ET Company Participants Andy Missan - Chief Legal Officer Adam Goldstein - Founder & Chief Executive Officer Billy Nolan - Chief Safety Officer Mark ...
2023-08-10 18:04:58 ET Archer Aviation press release ( NYSE: ACHR ): Q2 GAAP EPS of -$0.73 misses by $0.27 . For further details see: Archer Aviation GAAP EPS of -$0.73 misses by $0.27
Archer Announces Second Quarter 2023 Financial and Operating Results Archer secures $215 million investment, which includes Stellantis, Boeing, United Airlines, and ARK Investment Management LLC (“ARK Invest”), increasing Archer’s total funding to date to over $1.1 bi...
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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...