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The Latest Breaking News from Archer

This electric flying taxi has been approved for takeoff — sort of

Joby Aviation said this week that it got the green light to flight test its factory-made air taxi, which it hopes to launch commercially in 2025. It's one of several companies reaching for the skies.

WEKU

Your electric flying taxi is just around the corner

Prototypes are finally taking off after a difficult time for investors, and some surprising challengers have joined the race

The Guardian - UK

United to fly electric air taxis to O’Hare beginning in 2025

The first route is planned between the airport and the Illinois Medical District.

Chicago Sun-Times

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Archer buys Romar-Abrado for $8 million

The well decommissioning company employs 50 people with an Aberdeenshire base

Insider UK

Carmaker Stellantis invests millions in electric 'flying taxis'

Carmaking giant Stellantis wants to mass produce "air taxis" designed to carry a handful of passengers on short trips high above road traffic, the company announced this week. It plans to invest up to $150 million in Archer Aviation, which has developed an electric aircraft that can take off and…

Radio France Internationale

Automakers are pouring millions into "flying taxis"

Carmakers have emerged as key partners for aviation startups working on electric "air taxis."

Axios

The "flying taxis" of the future are lifting off

Electric air taxi testing is underway, and service could start in the next few years

Axios

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2 Aerospace & Defense Stocks Wall Street Predicts Will Double

Given continuing geopolitical tensions, with emerging threats to the West from the likes of China and Russia, rising government investment in cutting-edge military capabilities should drive the aerospace & defense industry’s growth. So, Wall Street analysts believe the stocks of aerospace & defense companies Archer Aviation (ACHR) and Planet Labs…

StockNews.com

Companies Envision Taxis Flying above Jammed Traffic

As urban traffic gets more miserable, entrepreneurs are looking to a future in which commuters hop into "air taxis" that whisk them over clogged roads. Companies such as Archer, Joby and Wisk are working on electric-powered aircraft that take off and land vertically like helicopters then propel forward like planes.…

Asharq Al-Awsat

Companies envision taxis flying above jammed traffic

SAN FRANCISCO: As urban traffic gets more miserable, entrepreneurs are looking to a future in which commuters hop into "air taxis" that whisk them over clogged roads.

Bangkok Post

This eVTOL Stock Has A Trillion Dollar Opportunity: Analyst

Anytime a company or sector has a trillion-dollar market opportunity, it causes some excitement for investors. That’s what happened Thursday with a new analyst note on a company that went public via SPAC merger in 2021.

Benzinga

Archer Aviation Selects Hexcel To Advance Production Capabilities

Archer Aviation Inc (NYSE:ACHR) and Hexcel Corp (NYSE:HXL) entered into a letter of intent regarding the supply of carbon fiber material used to manufacture production aircraft. As per the proposed relationship terms, Hexcel will provide Archer with high-performance carbon fiber and resin systems, also known as prepreg, needed to fabricate composite parts for Archer's production…

Benzinga

Will Mellor and Ralf Little pose outside pub used in Two Pints of Larger

Will Mellor, 45 and Ralf Little, 42, reminisced on the 'good times' as they posed outside The Archer in Cheshire

Daily Mirror

Archer Aviation Stock Gains Post Q4 Results

Archer Aviation Inc (NYSE:ACHR) reported a fourth-quarter net loss of $(43.3) million, a sequential decrease from $(176.7) million in 3Q21, driven primarily by a decrease in stock-based compensation of $83.9 million. Adjusted EBITDA loss expanded to $(32.4) million from $(28.3) million in Q3. Total operating expenses were $53.3 million for the quarter,…

Benzinga

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