Archer Aviation Inc. (ACHR)
Archer Aviation Inc. is an American aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Founded with the goal of transforming city transportation, Archer aims to provide faster, quieter, and more sustainable aerial rides. The company designs and manufactures eVTOL aircraft intended for passenger and cargo services, leveraging advanced electric propulsion and autonomous flight technologies.
Company News
Archer Aviation, an electric vertical takeoff and landing (eVTOL) vehicle company, is trading at a $7 billion market cap despite having no revenue, raising concerns about potential stock market bubble in emerging technology stocks.
Archer Aviation experienced a significant stock price surge of over 51% in early October 2025, driven by successful public flight demonstrations of its Midnight aircraft and strategic business developments, including a partnership in Japan for air taxi services.
Three companies - Joby, Archer, and Eve - are competing to lead the emerging electric vertical takeoff and landing (eVTOL) aircraft market, with JPMorgan projecting a $100 billion global market by 2040.
Ohio is hosting leading aerospace companies and the U.S. Department of Transportation for panel discussions and media events at the Paris Air Show 2025. The state's private economic development corporation, JobsOhio, will participate in these events, highlighting Ohio's robust aerospace ecosystem and its support for the aerospace, aviation, and d...
Archer Aviation's stock price continued its recovery this week after the company received another $55 million investment from Stellantis. The investment is in addition to previous funding, and Stellantis cited Archer's progress on its high-volume facility and testing events as reasons for the investment. However, Archer still faces challenges, in...
