STOCK TITAN

Archer Aviation Inc - ACHR STOCK NEWS

Welcome to our dedicated page for Archer Aviation news (Ticker: ACHR), a resource for investors and traders seeking the latest updates and insights on Archer Aviation stock.

Archer Aviation Inc (ACHR) pioneers electric vertical takeoff and landing (eVTOL) aircraft designed to revolutionize urban transportation. This news hub provides investors and industry observers with essential updates on the company's progress in sustainable air mobility.

Track official announcements ranging from aircraft certification milestones to strategic urban air mobility partnerships. Our curated feed includes earnings disclosures, technology breakthroughs, and regulatory developments directly from Archer Aviation's communications.

Key updates on the company's Midnight aircraft program, battery innovation efforts, and infrastructure collaborations appear alongside analysis of market positioning within the advanced air mobility sector. All content maintains factual accuracy while avoiding speculative commentary.

Bookmark this page for streamlined access to Archer Aviation's evolving role in decarbonizing urban transit through electric aviation solutions. Regularly updated to reflect the company's latest verified announcements and press releases.

Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) has appointed three new members to its Technical Advisory Board: Steve Dyer, Paul Martin, and Mark Moore. These appointees bring extensive experience from prestigious companies such as Lockheed Martin and NASA, having collectively certified 40 aircraft and launched 14 certified vehicles. Their expertise will be crucial in advancing Archer's goals for sustainable Urban Air Mobility. The advisory board members' combined average experience in Aerospace and Defense is 46 years, significantly bolstering Archer's development efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
Tags
management
-
Rhea-AI Summary

Archer Aviation has appointed Mark Mesler as the new Chief Financial Officer (CFO). With over two decades of experience in finance within the hardware, sustainability, and aerospace sectors, he will enhance Archer's financial operations, investor relations, and cash management strategies.

Mesler previously held significant roles at Bloom Energy and Volansi, and he is expected to support Archer's 2023 manufacturing launch and FAA Type Certification in 2024. He replaces Ben Lu, who will assist during the transition.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.61%
Tags
management
-
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) has achieved a major milestone with the successful hover flight of its Maker eVTOL aircraft, marking FAA airworthiness certification. The flight took place on December 16 at 10:30 AM PT, validating all systems for flight. In the upcoming months, Archer will expand its flight test campaign to include hover and transition envelope expansions. The goal is to establish a scalable aerial ridesharing service by late 2024. This achievement coincides with the anniversary of the Wright Brothers' first flight, symbolizing a significant step in urban air mobility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) has received a Special Airworthiness Certificate from the FAA, enabling the company to commence hover flight testing of its Maker aircraft. This milestone confirms that Maker meets all FAA safety requirements for off-ground operations. Archer aims to launch its first commercial eVTOL flights in 2024, positioning itself as a leader in sustainable air mobility. This achievement follows previous certification milestones and reflects the company's commitment to safety and innovation in urban transport.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.88%
Tags
none
-
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) has formed a specialized Flight Control and Software team, led by Sergio Ferreira, to enhance its fly-by-wire flight control system as the company prepares for its first hover flight later this year. This team includes experienced professionals such as Damien Bardon and Perrine Mathieu, bringing decades of industry knowledge to support the development of Archer's electric vertical takeoff and landing aircraft. The team aims to revolutionize urban air mobility through innovative aviation technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.13%
Tags
none
-
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) reported its third-quarter financial results on November 11, 2021. The company is focused on developing sustainable air mobility through electric vertical takeoff and landing (eVTOL) aircraft. Archer aims to revolutionize urban transportation by enabling quick, safe, and economical travel. A live audio webcast to discuss these results will occur at 4:30 p.m. ET today. For further details, shareholders can view the results in the shareholder letter available on their investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.9%
Tags
none
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) recently announced that the FAA has issued a Certificate of Authorization for its flagship eVTOL aircraft, Maker. This significant milestone allows Maker to transition from ground operations to flight testing. The aircraft has been moved to Archer’s California flight test facility for final assembly and systems integration, with plans for its first hover flight later this year. This relocation signifies a critical step in Archer’s journey toward urban air mobility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
none
-
Rhea-AI Summary

Archer Aviation (NYSE: ACHR) announced the hiring of Alan Tepe as Head of Propulsion Inverter Design and Jeremy Mayer as Head of Motor Design System Development. With over three decades of combined experience, both will accelerate the engineering efforts for Archer's eVTOL aircraft, aiming for the upcoming milestone first flight. Tepe joins after eight years at Tesla, while Mayer previously worked at Lucid Motors. Archer emphasizes that this expansion of expertise is crucial for advancing its mission in sustainable urban air mobility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
-
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) will release its Third Quarter Fiscal Year 2021 financial results on November 11, 2021, at 4:00 p.m. EST. A conference call to discuss these results is scheduled for the same day at 4:30 p.m. EST, with a webcast available on the company’s investor relations website. Archer aims to enhance sustainable air mobility through the development of eVTOL aircraft, facilitating urban transportation efficiently and cost-effectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.02%
Tags
none
Archer Aviation Inc

NYSE:ACHR

ACHR Rankings

ACHR Stock Data

3.82B
464.18M
14.42%
39.06%
9.89%
Aerospace & Defense
Aircraft
Link
United States
SAN JOSE