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.
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Archer Aviation Inc. (NYSE: ACHR) announces strategic hires and the opening of a Washington D.C. office to bolster government relations efforts. Former FAA Administrator Billy Nolen leads regulatory affairs, Melissa McCaffrey heads government affairs at state and local levels, and Lynda Tran joins as an advisor. The D.C. office near FAA and DOT headquarters will showcase Archer's eVTOL aircraft technology to policymakers. The company aims to transform urban travel with electric air taxis, advancing through the U.S. regulatory process for certifying its Midnight aircraft.
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Archer Aviation Inc. achieves a significant milestone with successful battery pack drop tests for its Midnight aircraft, positioning the company well for upcoming FAA testing. The tests, conducted at a National Institute for Aviation Research lab, demonstrated the safety and durability of Archer's proprietary battery pack design.
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Archer Aviation Inc. (ACHR) partners with Falcon Aviation to develop a vertiport network in Dubai and Abu Dhabi, aiming to launch Archer's Midnight flying car in the UAE by 2025. The collaboration will offer a quieter, safer, and more affordable transportation option than helicopters, reducing travel time between the two cities to as little as 30 minutes. This strategic move reinforces Archer's expansion plans in the MENA region and marks a significant milestone in the urban air mobility sector.
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Archer Aviation Inc. (NYSE: ACHR) Chief Commercial Officer, Nikhil Goel, to present at the 2024 J.P. Morgan Industrials Conference. Live webcast accessible on Archer's Investor Relations website.
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Archer Aviation Inc. reported strong operating and financial results for Q4 and full year 2023. The company is making rapid progress in its flight test program with the construction of three conforming Midnight aircraft. Archer expects to complete 400 test flights in 2024. The company has a strong liquidity position of approximately $625M at the end of Q4 2023, with cash balances increasing quarter over quarter.
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Archer Aviation Inc. (NYSE: ACHR) has received its Part 145 certification from the Federal Aviation Administration (FAA), allowing the company to operate a repair and maintenance station. This certification demonstrates Archer's ongoing collaboration with the FAA and reinforces its progress towards commercial flight operations. The certification is essential for commercial aviation operators and original equipment manufacturers (OEMs) and represents a commitment to stringent safety and operational standards.
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Archer Aviation Inc. (NYSE: ACHR) is making progress in constructing the Company’s first three conforming Midnight aircraft, with the first aircraft set to begin final assembly. The aircraft will undergo piloted flight testing and 'for credit' flight testing with the FAA, planned to start later this year. The key components and systems of the aircraft will conform to the intended type design for FAA certification. The final assembly will be done at the Company’s manufacturing facility in San Jose, California. The goal is to commercialize in 2025, aiming to transform urban travel by replacing car commutes with short, safe, sustainable, and cost-competitive flights.
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Archer Aviation Inc. (NYSE: ACHR) will report its Q4 and full year 2023 operating update and financial results on February 26, 2024. The company will host a conference call and live webcast to discuss the results. Webcast and call details are available on the Archer investor relations website.
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Archer Aviation Inc. (NYSE: ACHR) announces the successful advancement of its Midnight aircraft through Phase 1 of its flight test program in just 3 months. The program aims to bring electric air taxis to cities across the U.S. and the globe, with the aircraft moving towards piloted 'for credit' testing with the FAA later this year. The battery system of the aircraft has been upgraded, marking a significant step towards production readiness. The company's focus on safety and relentless execution has allowed it to gather a tremendous amount of data and learnings, enabling rapid progress towards certification.
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Archer Aviation Inc. (NYSE: ACHR) has signed a Space Act Agreement with NASA to study high-performance battery cells and safety testing for Advanced Air Mobility (AAM) and space applications. The collaboration aims to ensure the U.S. leads in the next generation of air transportation. NASA will test Archer’s battery system design for its Midnight aircraft, with results to advance the entire AAM industry. Archer plans to deliver a high-performing battery pack with leading levels of safety to its electric air taxi, validating that these cells are tailor-made for aerospace applications.
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