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.

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Archer Aviation Inc

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Post by TradeVanguard27on Nov 27, 2024 3:52pm

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ACHR Breaking Out—Momentum Ain’t Done Yet"

ACHR blasted higher today—this eVTOL game is heating up! With a $6B order book and heavyweights like United Airlines in their corner, this name could still fly higher.

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