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Why Is Everyone Talking About Archer Aviation Stock?
The Motley Fool· 2025-10-05 17:59
Flying taxis sound like science fiction, but Archer Aviation is working to make them a reality.When investors think about disruptive transportation, electric cars are often the first to come to mind. But another technology is starting to capture headlines: flying taxis. Archer Aviation (ACHR 13.21%) is one of the most prominent companies working to make this futuristic idea a reality. Backed by UnitedAirlines and Stellantis, Archer has gained enough momentum to attract attention across Wall Street.The compa ...
Flying taxis take flight in front of a US crowd for the first time as 2 companies race to take on passengers
Business Insider· 2025-10-05 09:00
Core Viewpoint - Joby Aviation and Archer Aviation are pioneering electric vertical take-off and landing vehicles (eVTOLs) aimed at creating a zero-emissions ride-share service in urban areas, with a focus on public acceptance through reduced noise and safety [2][3][4]. Company Overview - Joby Aviation, founded in 2009, plans to begin passenger services by 2026 in Dubai [4]. - Archer Aviation, established seven years ago, has partnered with the Los Angeles 2028 Olympics to provide transportation for VIPs and fans [4]. Technology and Features - Joby's eVTOL features six tilting propellers that allow for vertical takeoff, forward flight, and hovering capabilities, demonstrated through a 540-degree spin during a showcase [7][20]. - Archer's "Midnight" eVTOL has 12 propellers, combining six tilt and six fixed propellers for versatile flight capabilities [17]. - Joby's design incorporates shorter blades and an electric propulsion system to minimize noise, allowing the aircraft to blend into urban environments [8][11]. Operational Goals - Both companies aim to significantly reduce travel times in urban settings, with Archer targeting under 10 minutes for commutes between Newark Liberty International Airport and downtown Manhattan [20]. - Joby's eVTOL has demonstrated a range of 150 miles, optimized for short, high-density missions typically ranging from 20 to 30 miles [20].
Flying Cars Aren't Just Science Fiction Anymore. This Company Is Leading the Charge in eVTOLs -- and Yes, It's Publicly Traded.
The Motley Fool· 2025-08-09 20:05
Core Viewpoint - The concept of flying taxis is becoming a reality, with Joby Aviation leading the charge in developing electric vertical takeoff and landing (eVTOL) aircraft designed for urban transportation [1][2]. Company Overview - Joby Aviation's eVTOL aircraft can carry passengers at speeds exceeding 200 mph, are quieter than helicopters, and produce zero emissions [2]. - The company is progressing through the FAA certification process, which is crucial for commercial operations [2][6]. Strategic Positioning - Joby has established significant partnerships and has a robust cash position, positioning it as a potential leader in the commercial flying taxi market [3][10]. - The company has secured FAA Part 135 certification, allowing it to operate as an air carrier with approved aircraft [7]. Infrastructure Requirements - Successful implementation of Joby's vision requires full FAA certification and the development of necessary infrastructure, including vertiports and charging stations [6]. Financial Performance - Joby generated only $110,000 in revenue over the past 12 months, with a net loss of approximately $596 million [12]. - The company reported a cash burn of $111 million in the first quarter of 2025, highlighting the need for a strong cash position [12][13]. - Joby holds about $813 million in cash and short-term investments, providing some operational runway [13]. Market Valuation - With a market cap near $17 billion, Joby's stock is priced significantly ahead of its current fundamentals, with a price-per-book (P/B) ratio around 20, compared to the S&P 500's median of about 3 [14]. Growth Potential - Joby has secured substantial investments from major partners, including $60 million from Delta Air Lines and $894 million from Toyota, to support its development and certification efforts [10]. - The company is also expanding internationally, with plans to launch aerial taxi services in Dubai by 2026 [11]. Competitive Landscape - Joby faces competition from other companies in the eVTOL space, such as Archer Aviation, which is trading at a lower price-to-book ratio of approximately 5.6 [14].