Joby Aviation (JOBY -6.92%) reached a historic milestone in its effort to bring "flying taxis" to the masses, and investors responded by sending the stock to higher altitudes. Joby shares soared 34.9% in June, according to data provided by S&P Global Market Intelligence, after the company's aircraft took to the skies over Dubai ahead of a commercial rollout. From potential to proof Joby is among a handful of companies racing to bring an electric vertical-takeoff-and-landing (eVTOL) aircraft to market. eVTOL ...

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 ...

Air taxis are a different type of aircraft But I think FAA approval could be closer than most investors think. Here's why. What does Archer Aviation do? Archer Aviation builds an electric vertical takeoff and landing (eVTOL) aircraft that is meant to be used over short distances, and it can only carry a few passengers. Effectively, it is an air taxi that can fly over congested city streets. In 2025, the company hopes to build as many as 10 of its Midnight eVTOLs in the near future. The problem here is that ...

Core Viewpoint - Archer Aviation is preparing to ramp up production of its Midnight eVTOL aircraft in 2025, aiming for long-term growth despite currently not generating any revenue [1][2][12] Company Overview - Archer Aviation is currently focused on manufacturing and testing its eVTOL aircraft, with its income statement reflecting only operating expenses due to the absence of revenue [2] - The Midnight aircraft is designed for short-distance travel as an air taxi, representing a new category of aircraft that is still being understood by regulatory bodies like the FAA [4] Recent Developments - Archer Aviation has received FAA clearance to operate an airline and train pilots, and has established deals for air taxi services in California and New York [5] - The company plans to carry its first commercial customers in Abu Dhabi in 2025, where regulations are less restrictive, allowing for valuable operational insights [6][7] Market Expansion - Archer Aviation is exploring military applications for its eVTOL aircraft through a partnership with Anduril Industries, aiming to penetrate a complex market with significant safety and political considerations [8] - The collaboration will investigate civil and defense applications in the U.K., including logistics for cargo transport, which could enhance the aircraft's market potential [9][10][11] Strategic Focus - The company is diversifying its potential use cases for the Midnight aircraft, which may increase its long-term success by tapping into various markets [11] - Monitoring developments in Abu Dhabi and other initiatives, such as military opportunities and logistics, is crucial for understanding the company's growth trajectory [13]

Company Overview - Archer Aviation has developed an electric vertical takeoff and landing (eVTOL) aircraft named Midnight, designed for short-distance travel as an air taxi [2] - The company aims to produce up to 10 Midnight eVTOLs in 2025, primarily for the FAA approval process [4] Regulatory Environment - The airline industry is highly regulated, and obtaining FAA clearance for new aircraft is a lengthy multistep process [4] - As of the end of Q1 2025, Archer Aviation was only 15% through the FAA approval process, indicating significant work remains before Midnight can fly in the U.S. [5] International Operations - A key focus for Archer Aviation in 2025 is to launch its first commercial air taxi service in Abu Dhabi, which will serve as a critical test for its business model [6] - Successful operations in Abu Dhabi could provide a blueprint for domestic air taxi services in the U.S. and increase consumer confidence in the new aircraft [9] Market Potential - The stock price of Archer Aviation could rise significantly if the air taxi service in Abu Dhabi is successfully launched, potentially surpassing its 52-week high of $13.30 per share [7][11] - The company has already established a foundation for operating air taxis in the U.S., having received FAA approval to operate as an airline and to train pilots [8]

Archer Aviation has a big fan in Cantor Fitzgerald.Shares of electric vertical takeoff and landing aircraft manufacturer and air taxi start-up Archer Aviation (ACHR 6.69%) soared higher in Friday morning trading, and were up by 10.4% as of 10:55 a.m. ET.Shareholders can thank the friendly analysts at Cantor Fitzgerald for the lift. Why Cantor loves ArcherIn a note out Friday morning that was covered on StreetInsider.com, Cantor Fitzgerald analyst Andres Sheppard doubled down on his overweight (i.e., buy) ra ...

Joby Aviation (JOBY) , a developer of electric air taxis for commercial passenger service, reached a major milestone by successfully flying two of its electric air taxis simultaneously for the first time on May 9, 2025, in Marina, CA.This achievement marks a significant step forward in the company’s flight-testing program and comes shortly after completing piloted flights that demonstrate a full transition from vertical takeoff to cruise flight and back. With a growing test fleet of six aircraft, Joby is ra ...

Company Overview - Archer Aviation is an emerging aerospace company focused on developing air taxi services using its Midnight aircraft, which are small, vertical lift vehicles designed for short-distance travel [3][4] - The company aims to carry its first commercial customer in 2025, marking a significant milestone as it transitions from testing to operational status [1][6] Production and Market Strategy - Archer Aviation plans to produce around 10 Midnight aircraft in 2025, which is a foundational step in establishing its manufacturing capabilities [1] - The company is working towards obtaining FAA approval for its aircraft and has already secured approval to operate an airline and a flight training school [4] Initial Market Launch - The first operational market for Archer Aviation's air taxi service is expected to be Abu Dhabi, rather than the United States, where the company is collaborating with a partner to set up the service [5][6] - The successful launch of commercial services in Abu Dhabi will validate Archer Aviation's business model and concept [6] Investment Considerations - There is a potential for positive investor sentiment once the Midnight aircraft begins carrying commercial customers, which could lead to stock price appreciation [7] - However, the transition to carrying commercial customers is just the beginning of testing the air taxi concept, and sustainable profitability remains uncertain [8][10] - Investors may face a dilemma between buying shares now for potential early gains or waiting for evidence of a sustainable business model before investing [9][10]

Core Insights - Archer Aviation is developing a futuristic air taxi service with its Midnight aircraft, which is designed for short-distance, vertical takeoff and landing operations [1][3] - The company has made significant progress in creating a product in a highly regulated and capital-intensive industry, with plans to produce 10 Midnight aircraft by 2025 [3] - Archer Aviation is currently testing the reliability of its Midnight aircraft and is in the final phase of the FAA approval process, having completed about 13% of the necessary compliance verification documents [5] Company Developments - Archer Aviation has received FAA approval to operate an airline and is planning to establish an air taxi service in California, along with a flight training program [6] - The company aims to launch its first commercial air taxi service in Abu Dhabi in 2025, which will serve as a proving ground for its business model [7][8] - Archer Aviation has partnered with a company in Ethiopia to explore air taxi services, indicating its ambition to expand internationally [8] Market Considerations - The success of Archer Aviation's air taxi service will depend on the demand for such services, as merely having an operational airline does not guarantee usage [9] - The company ended 2024 with approximately $1 billion in liquidity, which will support its business development efforts [10] - While aggressive growth investors may find potential in Archer Aviation's stock, the company still faces significant challenges and has yet to prove its business model's profitability [11]