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Archer Aviation Inc - ACHR STOCK NEWS

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

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 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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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.
Rhea-AI Impact
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End-of-Day
-2.53%
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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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End-of-Day
4.37%
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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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End-of-Day
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
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Archer Receives Part 145 Certification From the Federal Aviation Administration
Rhea-AI Summary
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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5.5%
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Archer Announces Three Conforming, Piloted Aircraft Are Now Under Construction; Aircraft Will Be Used In FAA “For Credit” Testing
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) is making progress in constructing the Company’s first three conforming Midnight aircraft, with the first aircraft set to begin final assembly. The aircraft will undergo piloted flight testing and 'for credit' flight testing with the FAA, planned to start later this year. The key components and systems of the aircraft will conform to the intended type design for FAA certification. The final assembly will be done at the Company’s manufacturing facility in San Jose, California. The goal is to commercialize in 2025, aiming to transform urban travel by replacing car commutes with short, safe, sustainable, and cost-competitive flights.
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-2.96%
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Archer To Report Fourth Quarter and Full Year 2023 Operating Update and Financial Results on February 26, 2024
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) will report its Q4 and full year 2023 operating update and financial results on February 26, 2024. The company will host a conference call and live webcast to discuss the results. Webcast and call details are available on the Archer investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.35%
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Archer’s Midnight Aircraft Successfully Completes Phase 1 of Flight Test Program as Company Continues to Advance Towards FAA Certification
Rhea-AI Summary
Archer Aviation Inc. (NYSE: ACHR) announces the successful advancement of its Midnight aircraft through Phase 1 of its flight test program in just 3 months. The program aims to bring electric air taxis to cities across the U.S. and the globe, with the aircraft moving towards piloted 'for credit' testing with the FAA later this year. The battery system of the aircraft has been upgraded, marking a significant step towards production readiness. The company's focus on safety and relentless execution has allowed it to gather a tremendous amount of data and learnings, enabling rapid progress towards certification.
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Rhea-AI Sentiment
End-of-Day
-3.21%
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Archer Aviation Inc

NYSE:ACHR

ACHR Rankings

#2263 Ranked by Market Cap
#336 Ranked by Stock Gains
N/A Ranked by Dividends

ACHR Stock Data

1.20B
193.16M
27.41%
45.73%
16.76%
Aircraft Manufacturing
Manufacturing
Link
US
Palo Alto

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