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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.

News

Archer to Report Third Quarter 2023 Operating Update and Financial Results on November 9, 2023

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Archer Aviation to report Q3 2023 operating update and financial results
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Archer & Abu Dhabi Investment Office Announce Plan to Launch Archer’s All-Electric Air Taxi Service Across the UAE

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Abu Dhabi Investment Office (ADIO) and Archer partner to launch all-electric air taxi service in the UAE
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Archer Closes Previously-Announced Financing and Development Agreements to Complete World’s Highest-Volume eVTOL Aircraft Manufacturing Facility

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Archer Aviation announces financing and development agreements for its high-volume manufacturing facility in Covington, Georgia
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Archer Receives First U.S. Air Force Payment On Landmark Contracts Valued At Up To $142 Million

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U.S. Air Force pays Archer nearly $1M as first installment of $142M contract, signaling advancement of partnership. Archer's eVTOL aircraft represents a potential paradigm shift in military aviation. Simulator will be used for pilot training and public awareness.
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Archer To Take Center Stage At U.S. Chamber of Commerce’s Upcoming Global Aerospace Summit in Washington, D.C. – Showcasing eVTOL Aircraft Industry’s Progress Towards Commercialization In 2025

Rhea-AI Summary
Archer's Midnight eVTOL aircraft and executives will be featured at the U.S. Chamber of Commerce's Aerospace Summit. They will discuss progress towards commercial operations by 2025 and scaled operations by 2028. The aircraft will be displayed for government and aerospace leaders. This showcases the U.S.' commitment to maintain its global leadership in aviation.
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After Archer Recently Received FAA Certificate Necessary To Begin Flying Midnight, It Continues Hitting Key Certification Milestones On Schedule As FAA Starts To Approve Midnight’s Certification Plans

Rhea-AI Summary
Archer Aviation announced that its Midnight eVTOL aircraft has received a Special Airworthiness Certificate from the FAA, allowing it to begin flight test operations. The FAA has also started approving certification plans for Archer's production aircraft. Archer's strategic approach to aircraft development and certification, along with its partnerships with leading aerospace suppliers, positions the company to accelerate its momentum in the race to bring eVTOL aircraft to market in the U.S.
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Archer Closing Oversubscribed PIPE as Part of $215M Investment Round Led by Stellantis; ARK & United Are Two Key Investors in the PIPE Signifying Intersection of Innovative Financial Institutions & Traditional Aerospace Investing in Disruptive Tech

Rhea-AI Summary
Archer Aviation announces the closing of its PIPE investment round, led by Stellantis. United Airlines and ARK Investment Management were among the largest investors in the round. The funding will bring Archer's total liquidity to over $675M and its aggregate funding to $1.1B.
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Archer Accelerates Path to Market: Secures $215M Investment From Stellantis, Boeing, United Airlines, ARK Invest and Others; FAA Issues Archer Certificate to Begin Flying Midnight; On Track to Complete First Ever eVTOL Aircraft Customer Delivery

Rhea-AI Summary
Archer secures $215M investment from Stellantis, Boeing, United Airlines, and ARK Invest, bringing total funding to over $1.1B. FAA approves flight test for Midnight eVTOL aircraft. Settlement reached between Archer, Wisk, and Boeing. Q2 2023 net loss of $184.1M. Q3 2023 estimates: GAAP total operating expenses of $42M-$52M, non-GAAP total operating expenses of $75M-$85M.
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Wisk Aero, Archer, and Boeing Reach Agreement To Settle Litigation and Enter into Autonomous Flight Collaboration; Boeing Invests in Archer’s Latest Funding Round

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Wisk Aero and Archer Aviation settle litigation with Boeing, and Archer agrees to make Wisk its exclusive provider of autonomy technology. Boeing invests in Archer to support integration of Wisk's technology.
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Archer Announces Time Change for Second Quarter 2023 Earnings Call from 2:00 PM to 3:00 PM PT

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Archer Aviation Inc. changes the time of its second quarter 2023 earnings conference call and webcast.
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Archer Aviation Inc

NYSE:ACHR

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ACHR Stock Data

3.92B
464.18M
14.42%
39.06%
9.89%
Aerospace & Defense
Aircraft
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United States
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