Archer Aviation Inc.
ACHRArcher 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
The ARK Innovation ETF has underperformed compared to other tech ETFs, losing 28% over five years, while the Vanguard Information Technology ETF has gained 124% during the same period due to better diversification and strategic holdings.
The Trump Administration is signaling increased support for robotics development, with Commerce Secretary Howard Lutnick meeting industry CEOs and planning an executive order, which sparked significant movement in robotics and autonomous vehicle stocks.
Archer Aviation is launching an air taxi network in South Florida, partnering with Dragon Global and Related Ross to offer 10-20 minute electric flights connecting Miami, West Palm Beach, Fort Lauderdale, and Boca Raton using their Midnight piloted aircraft.
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...
