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Archer Aviation Inc ACHR

Alternate Symbol(s):  ACHR.WS

Financial Services Industrials Aerospace & Defense
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

Archer Aviation Inc
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Post by NovaGain47on Nov 27, 2024 4:05pm
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Post# 36334381

Needham's Love Letter to ACHR—Is $10 in Sight?

Needham's Love Letter to ACHR—Is $10 in Sight?Needham slapped a Buy on ACHR, and the stock is running with it. The air taxi revolution’s gaining steam, and Archer’s sitting at the front of the pack. If it clears $, this could have $10 written all over it. Bulls, load up tight stops and ride the wave.
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