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Archer Aviation CEO on air taxi plans, defense spending and future of air travel
CNBC Television· 2025-06-30 18:23
Archer Aviation up 30% in the past two months and they raised 850 million in a direct share offering today. It has the shares rising 4%. All it comes after the president's executive order to accelerate drone and EV tall investment earlier this month.Let's bring in Archer CEO Adam Goldstein. Adam, it's great to have you here. Welcome.Thank you. So, what is the executive order trying to do here exactly. Well, it's been very important to this administration that the US maintains its leadership position in avia ...
Joby Aviation stock pops 14% after delivering first flying taxi to UAE
CNBC· 2025-06-30 18:08
An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023.Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates.The electric vertical takeoff and landing, or eVTOL, company said Monday that it delivered its first aircraft to the UAE and has completed piloted flight tests as it readies for a 2026 launch in the region."Our flights and operational footprint in Du ...
深谋飞行器总工兼合伙人陈春轩携「星曜风」产品矩阵 破局低空经济万亿风口
Sou Hu Cai Jing· 2025-06-30 02:50
Core Insights - The "2025 Low Altitude Economic Industry Development Conference and eVTOL Technology Innovation Forum" will be held in Suzhou, focusing on the trillion-dollar low-altitude economy market and eVTOL technology advancements [1] - Chen Chunxuan, a partner and chief engineer at Beijing Shenmou Aircraft Technology Co., delivered a keynote speech on how eVTOL is redefining human interaction with the sky [3] Group 1: eVTOL Technology and Market Potential - eVTOL technology is poised to disrupt the trillion-dollar market, with low-altitude resources becoming the sixth production factor after labor, land, capital, entrepreneurship, and data [5] - Shenmou's 1.3-ton hybrid eVTOL requires only 20 square meters for takeoff and landing, addressing urban space constraints and demonstrating a tenfold efficiency improvement over ground transportation [5] - The MX150 logistics drone achieves a transportation cost of 1.5 yuan per ton-kilometer, reducing costs by 97% compared to traditional helicopters, and enhances logistics efficiency by 80% [5] Group 2: Product Matrix and Technical Innovations - The "Star-Yao-Wind" product matrix covers core applications in low-altitude economy, including heavy logistics, industrial logistics, and power inspection [6][7] - The YX30 hydrogen hybrid aircraft can reduce carbon emissions by 300 tons annually and has a 10-hour endurance, showcasing advanced multi-modal recognition technology with a 98% defect identification rate [9][10] Group 3: Strategic Initiatives and Industry Collaboration - The company emphasizes "lean management across the entire value chain" and aims to establish a collaborative ecosystem for sustainable development in the low-altitude economy [10][12] - Shenmou is involved in setting industry standards and plans to establish a regional center in Southeast Asia to enhance logistics response capabilities [10] - The call for a "low-altitude economic community" highlights the need for collaboration among manufacturers, operators, and system suppliers to achieve sustainable industry growth [12]
Should You Buy Archer Aviation Stock While It's Below $10.50?
The Motley Fool· 2025-06-28 08:15
Archer Aviation (ACHR -1.13%) is a trailblazer in the exciting new world of air taxis. With its groundbreaking electric vertical takeoff and landing (eVTOL) aircraft, Archer is setting out to revolutionize urban transportation as we know it.The company is partnering closely with U.S. regulators to bring its game-changing aircraft, Midnight, to the skies. Recently, Adam Goldstein, Archer's founder and CEO, joined leaders from the Federal Aviation Administration (FAA) and the Department of Transportation (DOT ...
Horizon Aircraft Regains Compliance with Nasdaq Capital Market Listing Requirements
Globenewswire· 2025-06-26 20:23
Core Viewpoint - Horizon Aircraft has regained compliance with Nasdaq's minimum bid requirement, indicating a positive development for the company and its stock listing status [1]. Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company focused on developing one of the world's first hybrid eVTOL aircraft, which aims to operate like a conventional aircraft while providing superior speed, range, and operational utility [3]. - The company is working on the Cavorite X7 eVTOL, with plans to complete testing and certification before scaling production to meet anticipated demand from regional operators, emergency service providers, and military customers [3].
Horizon Aircraft Partners with Renowned Designer Andrea Mocellin to Shape the Future of Air Mobility
Globenewswire· 2025-06-25 12:00
Core Viewpoint - Horizon Aircraft announces a strategic collaboration with renowned mobility designer Andrea Mocellin to enhance the design and aesthetics of the Cavorite X7 hybrid-electric eVTOL aircraft, aiming to set a new benchmark in the industry for performance and visual appeal [1][5]. Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company developing one of the world's first hybrid eVTOL aircraft, designed to operate like a conventional aircraft while offering superior speed, range, and operational utility [7]. - The company focuses on safety, performance, and utility in its unique designs, with plans to complete testing and certification of the Cavorite X7 and scale production to meet demand from various sectors including regional operators and military customers [7]. Collaboration Details - Andrea Mocellin, known for his work in aviation and automotive design, will refine the Cavorite X7's design, ensuring it is both technologically advanced and visually iconic [2][5]. - The collaboration aims to integrate functionality with aesthetics, enhancing efficiency, aerodynamics, and user experience, while the interior will be adaptable for multiple configurations [3][5]. Development Goals - The Cavorite X7 is designed for high performance, long-range capabilities, and operational flexibility, representing a significant advancement in hybrid-electric aviation [3]. - The partnership with Mocellin is expected to elevate the aircraft's design and reinforce Horizon Aircraft's commitment to innovation in eVTOL technology [4].
8分钟22公里 吨级以上eVTOL首次参加国家级应急演习
Zhong Guo Min Hang Wang· 2025-06-25 05:30
《中国民航报》、中国民航网 记者刘九阳 通讯员钟瑞花 报道:为提升极端事故灾害场景下应急救援能 力,6月24日,国家防灾减灾救灾委员会、国务院安全生产委员会开展"应急使命·2025"演习。峰飞航空 2吨级eVTOL(电动垂直起降航空器)——凯瑞鸥消防版机型携其解决方案,作为新质救援能力代表参 加演习,成为参与国家级应急消防演习的首个吨级以上eVTOL,为应急救援工作开辟了新路径。 在原始林区重特大森林火灾扑救行动专题演练中,凯瑞鸥消防版机型从加格达奇消防队垂直起飞,飞越 大兴安岭原始森林,仅用时8分钟便抵达22公里外的比测区域,成功投放灭火弹和伞投应急物资,实现 了大型 eVTOL 航空器在消防应急领域实际应用场景的突破性示范。凯瑞鸥消防版机型同时还在现场进 行了动态演习,伞投矿泉水、饼干等物资。 据记者了解,凯瑞鸥机型由峰飞航空自主研发,核心模组100%国产自研,是全球首个获民航局颁发型 号合格证(TC)和生产许可证(PC)的吨级以上eVTOL航空器,已累计飞行数万公里。针对消防应急 场景,峰飞航空特别打造了凯瑞鸥消防版机型的智慧空中消防应急解决方案,具有以下优点: 垂直起降 灵活部署:采用复合翼构型,将垂 ...
What's Happening With JOBY Stock?
Forbes· 2025-06-24 13:00
NEW YORK, UNITED STATES - OCTOBER 04: A view of electric air taxi on display at Grand Central ... More Station's Vanderbilt Hall in New York, United States on October 04, 2024. California-based Joby Aviation unveiled and showed off its electric air taxia small, five-seat helicopter with numerous rotorsat an event in New York City. Toyota invested $894 million into the project along with other companies such as Delta and Uber. (Photo by Selcuk Acar/Anadolu via Getty Images) Anadolu via Getty Images Joby Avia ...
车企“向上”布局
Ren Min Ri Bao Hai Wai Ban· 2025-06-23 23:02
40公里的路程开车需要1小时,坐飞行汽车可能只需要20分钟——飞行汽车正逐渐成为现实。中国民航 局预测,到2035年,中国低空经济的市场规模有望达到3.5万亿元。面对这万亿级的市场,中国各大车 企"芳心大动",纷纷转型新赛道。 由于产业链存在一定重合,且部分核心技术可复用,车企布局飞行汽车产业具备独特优势。目前,多家 车企已完成产品研发,进入试飞阶段。 多款飞行汽车进入试飞阶段 6月12日,广汽集团首款量产飞行汽车高域AirCab全球首发并正式开启预订,官方指导价不超过168万 元。 这辆飞行汽车长啥样?据悉,AirCab是多旋翼飞行汽车,采用上下分离式陆空构型,上半部分是飞行 器,下半部分是汽车,能在地上跑也能在天上飞。平时可以像普通汽车一样智能驾驶,需要时一键切换 飞行模式,适合短途通勤或空中观光。 中国汽车技术研究中心有限公司(以下简称"中汽中心")董事长安铁成表示,新能源低空飞行器作为低 空经济发展的核心载体,与智能网联新能源汽车存在显著的技术协同效应,二者在研发体系、制造工 艺、应用场景等方面双向赋能,为推进低空经济与智能网联新能源汽车两大战略性新兴产业的深度融合 发展提供了现实路径。 在技术上,新 ...
Will Archer Aviation Disrupt the Transportation Market?
The Motley Fool· 2025-06-22 10:05
Core Viewpoint - Archer Aviation aims to alleviate urban traffic congestion through electric vertical takeoff and landing (eVTOL) taxi networks, which could significantly reduce travel times in metropolitan areas [1][2]. Company Overview - Founded in 2018, Archer Aviation has focused on developing its Midnight model aircraft and has received some Federal Aviation Administration (FAA) approvals for air taxi services [4]. - The company has established partnerships, including one with United Airlines for a point-to-point network in New York City, and is involved in the Los Angeles Olympic Games in 2028 [5]. Financial Position - As of Q1 2025, Archer Aviation had paid-in capital of $2.79 billion and recently raised $850 million through a common stock offering at $10 per share, estimating $2 billion in liquidity for growth [6]. - The company reported a negative free cash flow of $450 million this year, indicating significant cash burn [6]. Business Model - The Midnight aircraft is estimated to sell for $5 million each, with potential slim profit margins, especially if bulk discounts are applied [9]. - Each eVTOL could generate $1.46 million in annual revenue if fully booked, but profitability is uncertain due to high operating costs and the need for higher ticket prices [10]. Market Challenges - The demand for eVTOL services is uncertain, particularly if potential customers are already paying for traditional airline tickets [10][11]. - The FAA's full approval is necessary before Archer can begin operations, and the company faces significant hurdles in establishing a viable business model [8][11]. Industry Outlook - Even with progress, it may take years for eVTOLs to significantly impact urban traffic, with estimates suggesting that 10,000 air taxi trips a day would still be insufficient to alleviate congestion in major cities [13]. - The current market cap of Archer Aviation is $6.5 billion, with zero revenue generated to date, raising concerns about the stock's valuation and future earnings potential [15].