Archer Aviation (ACHR)
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Archer Aviation and NASA Sign Space Act Agreement To Collaborate on Mission-Critical eVTOL Aircraft Technologies
Businesswire· 2024-01-22 10:30
NEW YORK--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed a Space Act Agreement with the National Aeronautics and Space Administration (NASA). The collaboration will kick off with an initial project focused on studying high-performance battery cells and safety testing targeted for Advanced Air Mobility (AAM) and space applications. Archer believes that while the supply chain for electric vehicles in the ...
Archer Aviation Inc. (ACHR) Ascends But Remains Behind Market: Some Facts to Note
Zacks Investment Research· 2024-01-20 00:21
Archer Aviation Inc. (ACHR) closed the most recent trading day at $5.06, moving +0.8% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.06%, and the technology-centric Nasdaq increased by 1.7%.Prior to today's trading, shares of the company had lost 21.93% over the past month. This has lagged the Aerospace sector's loss of 2.44% and the S&P 500's gain of 0.94% in that time.Investors will be eagerly watc ...
Why Are EV Stocks Down Today?
InvestorPlace· 2024-01-19 15:14
Electric vehicle (EV) stocks are falling on Friday as the market reacts to news of Ford (NYSE:F) cutting production of the F-150 Lightning.That’s a blow to EV stocks as it has some investors worried that demand for EVs is starting to weaken in 2024. In this case, Ford confirms that the production cuts for the electric pickup truck are to meet customer demand.The Ford production cuts will have the company reducing the manufacturing shifts for the EV from two to one. That will impact 1,400 employees when the ...
ACHR Stock: Archer Aviation Hires Former Wheels Up, Delta Leaders
InvestorPlace· 2024-01-19 14:55
Archer Aviation (NYSE:ACHR) stock is up on Friday as the electric vertical takeoff and landing (eVTOL) company gets even closer to its commercial launch with new hires.A press release from Archer Aviation notes that Miles Rogers has joined the company as its new senior vice president and Head of Marketing. He brings with him 20 years of experience and recently served as the Chief Strategy Officer for Wheels Up.Sterling Gerdes is another new executive joining Archer Aviation as its Product Lead for Vertiport ...
Flying Car Stocks Are Taking Off: 3 Top Picks for the Breakout Sector
InvestorPlace· 2024-01-19 13:24
Flying cars have long captured the imagination as a futuristic mode of transportation. But this sci-fi staple is now on the cusp of becoming a reality, making flying car stocks an interesting proposition for investors. After all, thanks to advancements in electric propulsion, autonomy and other key technologies, a new breed of air mobility companies aims to commercialize small passenger electric vertical takeoff and landing vehicles (eVTOLs), more colloquially known as “flying cars.”While still early, the f ...
Archer Continues Attracting Top Talent From Across Aviation Industry; Hires Two Leaders From Wheels Up and Delta Air Lines to Support Its Entry Into Service in 2025
Businesswire· 2024-01-19 13:00
SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced two key hires who bring decades of additional aviation experience to the company. Long-time private aviation executive, Miles Rogers, has joined Archer as its Senior Vice President, Head of Marketing, and Sterling Gerdes has joined Archer as its Product Lead for Vertiport Experiences. Rogers, who brings twenty years of experience at private aviation com ...
ACHR Stock: Archer Aviation Strikes a New Deal for eVTOL Infrastructure
InvestorPlace· 2024-01-17 15:00
Archer Aviation (NYSE:ACHR) stock is in the news Wednesday after the company announced a new deal for electric takeoff and landing (eVTOL) infrastructure.Archer Aviation has signed an agreement with Atlantic Aviation that will see it adding infrastructure for eVTOLs to some of its already-existing locations. That includes facilities in Los Angeles, New York City, Northern California and South Florida.Archer Aviation notes that this deal will see Atlantic Aviation BETA Technologies’ interoperable rapid recha ...
Atlantic Aviation and Archer Aviation Align to Pursue Development of Electric Aircraft Infrastructure Across LA, Northern California, South Florida, and NYC Regions
Businesswire· 2024-01-17 09:00
SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Atlantic Aviation, a leading fixed-base operator (FBO) network and aviation services provider, today announced the recent signing of an MOU focused on establishing sites for electric aircraft operations in the LA and New York City metropolitan areas, along with Northern California and South Florida. Archer and Atlantic Aviation plan to electrify several of Atlan ...
3 Stocks With the Best Shot to 10X by 2025
InvestorPlace· 2024-01-16 19:08
While 2025 is less than 12 months away, the full year is roughly 2 years in the future. That means investors today have roughly 24 months during which to produce returns. Investors looking for 10x stocks during that period will have to accept real risk.That said, trends indicate that a few sectors are best poised to produce such gains. Namely, flying cars, quantum computing and the electric vehicle (EV) industries — all ready for growth. Investing in search of 10x returns means avoiding more established fir ...
Why Archer Aviation Skyrocketed 228% in 2023
The Motley Fool· 2024-01-15 11:15
To the delight of shareholders, Archer Aviation (ACHR -0.96%) found itself on a new trajectory in 2023, heading much higher after it lost a significant amount of altitude in 2022. In addition to receiving favorable attention from analysts, the electric air taxi company announced several encouraging deals last year to charge up investors' excitement.According to data provided by S&P Global Market Intelligence, Archer Aviation stock rose 228% in 2023.Archer rose higher last spring and continued to soar over t ...