Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Archer Aviation Inc ACHR.WS


Primary Symbol: ACHR

Archer Aviation Inc. is an aerospace company. The Company is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. The Company’s eVTOL aircraft are designed to be safe, sustainable, and quiet. Its production aircraft, Midnight, is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is designed to carry four passengers plus a pilot optimized for back-to-back short distance trips of around 20-miles, with minimal charging time between trips. It intends to operate two complementary lines of business: a direct-to-consumer aerial ride share service (Archer UAM) and the sale of its aircraft to other operators (Archer Direct). Midnight is the evolution of its demonstrator eVTOL aircraft, Maker, which through its flight test program has helped validate its proprietary 12-tilt-6 aircraft configuration and certain key enabling technologies.


NYSE:ACHR - Post by User

Post by zack50on Nov 25, 2024 10:37am
23 Views
Post# 36328990

Institutional backing...

Institutional backing...Archer Aviation has attracted a notable lineup of investors, setting it apart from many early-stage growth stocks.

Stellantis N.V., the global automaker behind brands like Chrysler, Dodge, Jeep, Ram, and Fiat, has shown strong commitment by acquiring a 20% stake and partnering with Archer on manufacturing. 

Additionally, major funds such as BlackRock, Vanguard, and Israel Englander's Millennium Management have taken significant positions, with institutional backing currently at 35.9%.
<< Previous
Bullboard Posts
Next >>