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Archer Aviation Inc. - $ACHR STOCK NEWS

Welcome to our dedicated page for Archer Aviation news (Ticker: $ACHR), a resource for investors and traders seeking the latest updates and insights on Archer Aviation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Archer Aviation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Archer Aviation's position in the market.

News
Archer Completes Installation Of High-Volume Battery Pack Manufacturing Line
Rhea-AI Summary

Archer has completed the installation of a high-volume battery pack manufacturing line that can produce up to 15,000 battery packs per year. The facility will support the ramp of Archer's aircraft production and has applied automation to ensure quality, safety, and data traceability. The battery pack recently passed rigorous testing, demonstrating safety and durability for FAA certification. Archer aims to revolutionize urban travel with electric air taxi flights.

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Archer Aviation Inc. to Present at Upcoming Investor Conferences
Rhea-AI Summary

Archer Aviation Inc. (NYSE: ACHR) announced its participation in upcoming investor conferences hosted by BofA Securities and J.P. Morgan. The management team will present at the Transportation, Airlines, and Industrials Conference in New York on May 16, 2024, and the Global Technology, Media, and Communications Conference in Boston on May 21, 2024. The presentations will be webcast live on the investor relations section of Archer's website, with replays available post-event.

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Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE
Rhea-AI Summary
Archer Aviation Inc. signs a multi-hundred-million dollar framework agreement in Abu Dhabi to accelerate commercial air taxi operations in the UAE, aiming to launch air taxi services next year, establish vertiports and charging infrastructure, in-country manufacturing, and workforce development programs. ADIO supports Archer's plans and aims to make Abu Dhabi a global hub for urban air mobility.
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Archer To Report First Quarter 2024 Operating Update and Financial Results on May 9, 2024
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) will report its first quarter 2024 operating update and financial results on May 9, 2024. The company will host a conference call and live webcast to discuss the results. Investors can access the webcast on the Archer investor relations website and listen to the conference call by dialing provided numbers. A replay of both will be available for a time.
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2.04%
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Archer Opens D.C. Office; Adds Key Policy, Government, and Regulatory Affairs Leaders Under Former FAA Chief as It Prepares for Commercial Launch
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) announces strategic hires and the opening of a Washington D.C. office to bolster government relations efforts. Former FAA Administrator Billy Nolen leads regulatory affairs, Melissa McCaffrey heads government affairs at state and local levels, and Lynda Tran joins as an advisor. The D.C. office near FAA and DOT headquarters will showcase Archer's eVTOL aircraft technology to policymakers. The company aims to transform urban travel with electric air taxis, advancing through the U.S. regulatory process for certifying its Midnight aircraft.
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Archer Successfully Completes Multiple Battery Pack Drop Tests; One of the Most Challenging Tests It Is Set to Face as Part of the FAA’s Type Certification Program
Rhea-AI Summary
Archer Aviation Inc. achieves a significant milestone with successful battery pack drop tests for its Midnight aircraft, positioning the company well for upcoming FAA testing. The tests, conducted at a National Institute for Aviation Research lab, demonstrated the safety and durability of Archer's proprietary battery pack design.
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Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025
Rhea-AI Summary
Archer Aviation Inc. (ACHR) partners with Falcon Aviation to develop a vertiport network in Dubai and Abu Dhabi, aiming to launch Archer's Midnight flying car in the UAE by 2025. The collaboration will offer a quieter, safer, and more affordable transportation option than helicopters, reducing travel time between the two cities to as little as 30 minutes. This strategic move reinforces Archer's expansion plans in the MENA region and marks a significant milestone in the urban air mobility sector.
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Archer to Present at 2024 J.P. Morgan Industrials Conference
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) Chief Commercial Officer, Nikhil Goel, to present at the 2024 J.P. Morgan Industrials Conference. Live webcast accessible on Archer's Investor Relations website.
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6.76%
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Archer Announces Fourth Quarter and Full Year 2023 Results; Now In Final Phase of Midnight’s Certification Program as it Readies for Launch in 2025
Rhea-AI Summary
Archer Aviation Inc. reported strong operating and financial results for Q4 and full year 2023. The company is making rapid progress in its flight test program with the construction of three conforming Midnight aircraft. Archer expects to complete 400 test flights in 2024. The company has a strong liquidity position of approximately $625M at the end of Q4 2023, with cash balances increasing quarter over quarter.
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Archer Receives Part 145 Certification From the Federal Aviation Administration
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Archer Aviation Inc. (NYSE: ACHR) has received its Part 145 certification from the Federal Aviation Administration (FAA), allowing the company to operate a repair and maintenance station. This certification demonstrates Archer's ongoing collaboration with the FAA and reinforces its progress towards commercial flight operations. The certification is essential for commercial aviation operators and original equipment manufacturers (OEMs) and represents a commitment to stringent safety and operational standards.
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Stock ACHR logo
Archer Aviation Inc.

NYSE:ACHR

ACHR Rankings

#2286 Ranked by Market Cap
#336 Ranked by Stock Gains
N/A Ranked by Dividends

ACHR Stock Data

1.24B
193.16M
27.41%
45.73%
16.76%
Aircraft Manufacturing
Manufacturing
Link
United States of America
SAN JOSE

About ACHR

archer technologies delivers enterprise governance, risk and compliance (grc) solutions. with more than six million licensed users and a client list that includes one in four of the fortune 100, archer enables highly regulated companies to reduce enterprise risks, manage and demonstrate compliance, automate business processes, and gain visibility into corporate risk and security controls. archer’s solutions, including policy, asset, threat, risk, business continuity, incident, loss event, vendor, audit and compliance management, are built on the highly flexible archer smartsuite framework™, allowing clients to tailor the solutions according to their unique requirements. whether deployed traditionally at the client site or via a saas model, the framework has become a go-to grc platform for many global organizations. archer is the only vendor that delivers the archer e-grc ecosystem™ comprised of out-of-the-box solutions, a flexible framework, a robust user community, and an application