Archer Aviation Inc. (ACHR) News
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ACHR News Highlights
- ACHR's 30 day story count now stands at 5.
- Over the past 16 days, the trend for ACHR's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about ACHR are LOOP, UAL and WING.
Latest ACHR News From Around the Web
Below are the latest news stories about ARCHER AVIATION INC that investors may wish to consider to help them evaluate ACHR as an investment opportunity.
United Airlines and Archer Announce First Commercial Electric Air Taxi Route in Chicago
CHICAGO & SANTA CLARA, Calif., March 23, 2023--Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) today announced plans to launch the first air taxi route in Chicago, between O’Hare International Airport (ORD) and Vertiport Chicago. Vertiport Chicago, North America’s largest vertical aircraft takeoff and landing facility, is located in the Illinois Medical District near the Chicago Loop. This site was selected as the takeoff and landing site for this airport to city center route
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Archer Confirms the Silicon Valley Bank Receivership Has No Impact on Its Business or Operations
SANTA CLARA, Calif., March 13, 2023--Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR), following-up on the joint statement from the Department of the Treasury, the Federal Reserve and the FDIC regarding their commitment to protect all depositors at SVB, confirms it currently maintains only a small amount of cash with SVB, in the single digit millions of U.S. dollars, representing less than 2% of the Company’s total cash, cash equivalents and short-term investments. Accordingly, the
Archer Announces Fourth Quarter and Full Year 2022 Results
SANTA CLARA, Calif., March 09, 2023--Archer Aviation Inc. ("Archer" or the "Company") (NYSE: ACHR) today announced operating and financial results for the fourth quarter and fiscal year ended December 31, 2022.
After Unveiling Its Production Aircraft, Midnight, Last November Archer Nears Completion of Its First Build
SANTA CLARA, Calif., March 09, 2023--Archer Aviation Inc. (NYSE: ACHR) today announced that it is nearing completion of the final assembly of its first Midnight, the production aircraft it unveiled last November. All major aerostructures (i.e., wing, tail, and fuselage) have been built and mated together and the company reported it has also installed a significant portion of the wiring, electronics, actuators and other systems. Archer is currently targeting to begin flight testing of this aircra
Archer Closes Incentive Transaction; Begins Construction on First of its Kind High-Volume eVTOL Manufacturing Facility in Covington, GA
SAN JOSE, Calif., March 07, 2023--Archer Aviation Inc. (NYSE: ACHR) today announced that it has closed the local incentive transaction and begun construction on its high-volume manufacturing facility project in Covington, GA. The planned approximately 350,000 square-foot facility is strategically located adjacent to the Covington Municipal Airport and will be capable of producing up to 650 aircraft per year. This type of high-volume manufacturing facility is believed to be a first for the eVTOL
Archer To Report Fourth Quarter and Full Year 2022 Operating Update and Financial Results on March 9, 2023
SANTA CLARA, Calif., February 23, 2023--Archer Aviation Inc. (NYSE: ACHR) will report its fourth quarter and full year 2022 operating update and financial results after market close on Thursday, March 9, 2023. The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its operating update and financial results.
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