Archer Aviation Inc., together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was ...
Archer Aviation aims for FAA certification of Midnight eVTOL to start operations in 2025. The company plans a dual business model: direct-to-consumer rideshare and aircraft sales to operators.
Those investments were part of the $13 billion that eVTOL companies have raised during the past five years, according to Alton Aviation. Both Joby Aviation and Archer Aviation went public in 2021 ...
on Monday, Oct. 7, 2024. (AP Photo/Terry Chea) JoeBen Bevirt, CEO of Joby Aviation, stands next to an “electric vertical take-off and landing” aircraft, also known as an eVTOL, in Marina, Calif. on ...
The goal is to scale the facility to 650 aircraft annually by 2030, and the 2 companies are working to finalise an agreement under which Stellantis will work with Archer as its exclusive contract ...
For decades, flying vehicles have been an idea out of science fiction. However, with recent developments in battery technology, flying taxis could soon become a reality, and Archer Aviation (NYSE ...
Archer is developing electric vertical takeoff and landing aircraft (eVTOL) that promise efficiency as well as a quieter and more eco-friendly alternative for urban travel. In 2024, Archer Aviation ...
Archer Aviation (NYSE: ACHR) is a company pioneering the development of electric vertical takeoff and landing (eVTOL) aircraft. Archer Aviation’s stock price has fluctuated significantly during ...
This substantial influx of capital not only solidifies Archer’s balance sheet but also provides the financial resources to advance the development and commercialization of its eVTOL aircraft.