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Archer Aviation Q2 Disappoints: First Revenue Stream In Sight?
Benzingaยท 2025-08-12 15:07
JPMorgan: Archer's second-quarter results highlighted ongoing uncertainties about the timing of certification. The team is focused on meeting FAA requirements and preparing for "future commercial and defense opportunities," Peterson said. The company expects to add six more Midnight aircraft to its fleet, bringing the total to eight. Archer failed to achieve any sequential percentage increase in FAA acceptance of compliance verification documents. This may disappoint some investors. However, it "reflects a ...