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The Department of Transportation just announced eight winning proposals for an eVTOL pilot program. Archer Aviation and Joby Aviation are partners on multiple proposals.
Archer Aviation (ACHR +1.23%) just delivered a breakthrough that could reshape the bull case, but the market still is not fully convinced. I break down why this milestone matters, where the upside could come from, and what hidden risks could decide whether Archer becomes a real winner or another story stock.
In November, Joby Aviation sued Archer Aviation, alleging corporate espionage. On Monday, Archer hit back with a countersuit alleging fraud.
ACHR advances its Midnight eVTOL aircraft to power urban air taxi networks, backed by manufacturing expansion, certification efforts and industry partnerships.
Despite concerns about timelines and cash burn, eVTOL start-up Archer Aviation continues to make steady progress. A recent asset sale strengthens the SSR Mining bull case.
Archer's stock has slumped since its market debut. But it could soar a lot higher once the FAA clears its first commercial flights.
Archer Aviation shares drop 15.5% in a year, lagging aerospace peers as the early-stage eVTOL market, minimal revenues and execution risks cloud its outlook.
Alpine Global Management added 2,392,026 shares of Archer Aviation in the fourth quarter; the estimated trade size was $22.51 million based on quarterly average pricing. Meanwhile, the quarter-end position value increased by $13.28 million, reflecting both trading activity and stock price movement.
Flying taxis may sound futuristic, but the battle between Joby and Archer could shape a $100 billion industry. Here's what investors need to know before this technology takes off.
Archer Aviation is attempting to build an air taxi service. The stock has been highly volatile, with deep drawdowns a fairly common experience.
Fieldview Capital Management LLC trimmed its position in Archer Aviation Inc. (NYSE: ACHR) by 71.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,757 shares of the company's stock after selling 142,807 shares during the quarter. Fieldview Capital Management LLC's holdings
The FAA launched a groundbreaking pilot program testing electric flying cars and air taxis across 26 states, bringing futuristic transport closer to reality.
The program is officially titled the Advanced Air Mobility and Electric Vertical Takeoff and Landing (eVTOL) Integration Pilot Program (eIPP) and is run by the U.S. Department of Transportation and Federal Aviation Administration.
Archer Aviation is seeking to disrupt urban mobility through its electric air taxi network. The addressable market for electric aircraft and low altitude vehicles could be worth trillions over the coming decades.
A legal war between the two leading publicly traded eVTOL companies escalated sharply this week, adding a new layer of regulatory and reputational risk to an already high-stakes sector race.
Taiwan Semiconductor Manufacturing (TSMC) reported Jan-Feb revenue of NT$718.91B, up 30% year-over-year, driven by robust global AI demand. TSMC's February revenue rose 22.2% year-over-year, with no expected significant impact from the U.S.-Israel-Iran conflict at this time.
Electric air-taxi maker Archer Aviation accused rival Joby Aviation in a countersuit filed Monday of defrauding the U.S. government and hiding close ties to China that it used to gain an unfair competitive advantage.
Electric air taxi developer Archer Aviation responded to a lawsuit Monday with its own counterclaims that rival Joby Aviation allegedly defrauded the U.S. government and its competitors by falsely presenting itself as an American-made company.
Archer's Midnight aircraft might begin transporting passengers on flights later this year. The company's operating expenses totaled $730 million last year, and that figure is likely to rise a whole lot higher in the future.
WASHINGTON--(BUSINESS WIRE)---- $ACHR #Archer--Archer (NYSE: ACHR) announced today that the US Department of Transportation and Federal Aviation Administration have selected its partners in Texas, Florida and New York to participate in the White House's eVTOL Integration Pilot Program (eIPP), marking a major step toward bringing electric air taxis to market in the United States. The program creates a first-of-its-kind pathway to help bring the first new category of aircraft in nearly 80 years to market. The anno.