Articles from Archer Aviation Inc.
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Archer Aviation Inc. (NYSEACHR) will report its third quarter 2023 operating update and financial results after market close on Thursday, November 9, 2023. The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its operating update and financial results.
By Archer Aviation Inc. · Via Business Wire · October 19, 2023
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Archer Aviation Inc. (NYSEACHR) has appointed Billy Nolen, former acting FAA Administrator, as its Chief Safety Officer. Nolen’s expertise in aviation safety and flight operations, along with his deep passion and excitement for advanced air mobility, will further strengthen Archer’s ability to successfully commercialize urban air mobility at scale.
By Archer Aviation Inc. · Via Business Wire · June 13, 2023
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Archer Aviation Inc. (NYSEACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Garmin NYSE: GRMNNYSEGRMN)
By Archer Aviation Inc. · Via Business Wire · November 15, 2022
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Archer Aviation Inc. (NYSEACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans to locate its manufacturing facility in Covington, Georgia at a site adjacent to the Covington Municipal Airport.
By Archer Aviation Inc. · Via Business Wire · November 14, 2022
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Archer Aviation Inc. (“Archer” or the “Company”) (NYSEACHR) today announced operating and financial results for the third quarter ended September 30, 2022.
By Archer Aviation Inc. · Via Business Wire · November 10, 2022
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By Archer Aviation Inc. · Via Business Wire · November 10, 2022
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Archer Aviation Inc. (NYSEACHR), today announced that they will be unveiling Midnight, the company’s first production eVTOL aircraft, at an Open House event on November 16, 2022. The event will provide further details on the aircraft’s specifications and capabilities, including its proprietary electric powertrain system, as well as the company’s progress towards FAA certification of the Midnight aircraft.
By Archer Aviation Inc. · Via Business Wire · October 13, 2022
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Archer Aviation Inc. (NYSEACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations. In his role, Romanowski will collaborate with regulatory authorities and industry to form a forward-leaning position on policy, process and global certification expectations.
By Archer Aviation Inc. · Via Business Wire · August 24, 2022
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Archer Aviation Inc. (“Archer” or the “Company”) (NYSEACHR) today announced operating and financial results for the second quarter ended June 30, 2022.
By Archer Aviation Inc. · Via Business Wire · August 10, 2022
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Archer Aviation Inc. (NYSEACHR) today announced that it has received a $10 million pre-delivery payment from United Airlines for 100 of the company’s initial production eVTOL aircraft. The payment represents a watershed moment for the eVTOL industry, validating confidence in the commercialization of eVTOL aircraft and Archer’s leadership. United is making the deposit on 100 of Archer’s production aircraft which it agreed to purchase in 2021.
By Archer Aviation Inc. · Via Business Wire · August 10, 2022
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Archer Aviation Inc. (NYSEACHR) today announced that it has successfully completed all of its “critical azimuth” flight tests, marking the completion of the second of three key phases of flight testing. The purpose of these tests are to validate the crosswind capabilities of Archer’s eVTOL aircraft configuration and flight control systems. The company has now successfully flown Maker at increasing speeds of up to 15 knots, in various directions and attitudes.
By Archer Aviation Inc. · Via Business Wire · July 28, 2022
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Archer Aviation Inc. (“Archer”) (NYSEACHR) and FACC, a global leader in the development and manufacturing of aircraft components and systems, today announced they have entered into an agreement for FACC to fabricate and supply key fuselage and wing elements of Archer’s production eVTOL aircraft that is currently under development.
By Archer Aviation Inc. · Via Business Wire · July 18, 2022
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Archer Aviation Inc. (NYSEACHR) today announced that based on the recent successes seen in its Maker flight testing program, it is confident it will achieve its goal of flying full transition flights with Maker by year end. The work the team put in during the first half of this year to upgrade and test the aircraft’s Tilt Propeller System (TPS) is proving successful. Archer believes that its progress from first hover flight through full transition will be the fastest pace any eVTOL company has reached this milestone. Archer’s industry leading talent and its focus on using key enabling technologies that are in the market today have unlocked this historic progress.
By Archer Aviation Inc. · Via Business Wire · June 28, 2022
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Archer Aviation Inc. (NYSEACHR) today announced the appointment of Tom Anderson as Chief Operating Officer, Urban Air Mobility. In his role, Anderson will oversee and direct Archer’s planned UAM operations, primarily focused on establishing its commercial operating service.
By Archer Aviation Inc. · Via Business Wire · June 14, 2022
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Archer Aviation Inc. (NYSEACHR) today announced that it will be included in the Russell 2000® and 3000® Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022.
By Archer Aviation Inc. · Via Business Wire · June 13, 2022
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Archer Aviation Inc. (NYSEACHR) will report its first quarter 2022 financial results before the market opens on Thursday, May 12, 2022. The Company will host a conference call and corresponding live webcast at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) to discuss the financial results and provide a business update.
By Archer Aviation Inc. · Via Business Wire · May 3, 2022
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By Archer Aviation Inc. · Via Business Wire · April 27, 2022
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Archer Aviation Inc. (NYSEACHR) today announced that Adam Goldstein has been named sole CEO, as the company prepares for its next phase of growth in the fast-developing urban air mobility market. Brett Adcock, Archer’s co-founder and former co-CEO, will remain on the Company’s Board of Directors. The Company took this step, which it believes will help simplify its operating structure, to drive its flight testing and certification program on its path to commercialization. As one of the most well-capitalized eVTOL companies with a team of world-class engineering and design talent, Archer is strategically positioned to bring urban air mobility to market.
By Archer Aviation Inc. · Via Business Wire · April 18, 2022
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By Archer Aviation Inc. · Via Business Wire · April 7, 2022
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Archer Aviation Inc. (NYSEACHR) today announced the appointment of Barbara Pilarski to its Board of Directors. Currently the Global Head of Business Development at Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA), Pilarski is a seasoned leader with over 35 years’ experience in the automotive sector and has a diverse background in the areas of business development, finance and human resources. Pilarski will serve as an independent director and on Archer’s Nominating & Corporate Governance Committee.
By Archer Aviation Inc. · Via Business Wire · February 2, 2022
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Archer Aviation Inc. (NYSEACHR) today announced new appointments to its Technical Advisory Board. Appointees include Steve Dyer, Paul Martin, and Mark Moore. With numerous awards and career distinctions, the board members’ experience in the Aerospace and Defense industries ranges from 36 to 56 years.
By Archer Aviation Inc. · Via Business Wire · January 27, 2022
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Archer Aviation Inc. (NYSEACHR) today announced the appointment of Mark Mesler as the Company’s Chief Financial Officer.
By Archer Aviation Inc. · Via Business Wire · January 21, 2022
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Archer Aviation Inc. (NYSEACHR) today announced that Maker, Archer’s eVTOL demonstrator aircraft, completed its first successful hover flight. The flight marks the completion of the company’s first full and complete systems test and validation of every hardware and software component working as intended to move the aircraft into the air. The flight test was completed at 10:30 am PT on 16 December and also resulted in the successful checkout of the company’s flight control system in flight and the end-to-end close of flight software. Now that flight has been achieved, Archer will move forward with an ongoing extensive flight test campaign into 2022 and beyond.
By Archer Aviation Inc. · Via Business Wire · December 20, 2021
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Archer Aviation Inc. (NYSEACHR) today announced it has received a Special Airworthiness Certificate from the Federal Aviation Administration (“FAA”) covering its Maker demonstrator aircraft. The Special Airworthiness Certificate authorizes Archer to begin flight testing its electric vertical takeoff and landing (eVTOL) Maker aircraft. Having cleared this final threshold to begin off-ground operations, Archer remains on track to conduct its first hover flight test later this year.
By Archer Aviation Inc. · Via Business Wire · December 2, 2021
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Archer Aviation Inc. (NYSEACHR), a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, has constructed a best-in-class Flight Control and Software team as the company ramps up to its first flight later this year recently appointing Sergio Ferreira to lead the company’s fly-by-wire flight control system development. Ferreira brings two decades of experience developing, integrating, validating, verifying and certifying fly-by-wire flight control systems. He joins Archer after nearly 10 years with Gulfstream Aerospace, where he most recently was the Flight Control Systems Lead for Advanced Aircraft Systems. Previously he was Gulfstream's Flight Control Systems lead for the Gulfstream G400, G500 and G600 fly-by-wire flight control systems, where he was responsible for the development, integration, validation and certification of the flight control computers for that aircraft family. Ferreira’s decades of aviation experience will strengthen the Flight Control and Software team as Archer moves closer to first flight.
By Archer Aviation Inc. · Via Business Wire · November 23, 2021
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Archer Aviation Inc. (NYSEACHR) has announced its financial results for the third quarter of 2021 in its shareholder letter, which is available here or on its investor relations website (http://investors.archer.com).
By Archer Aviation Inc. · Via Business Wire · November 11, 2021
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Archer Aviation Inc. (“Archer”) (NYSEACHR), a leading developer of eVTOL aircraft, announced that the FAA has issued a CoA and the Aircraft Limitations covering Maker, its flagship demonstrator aircraft. The CoA and the Aircraft Limitations are key components of the Special Airworthiness Certificate, which will be the FAA basis that permits the Maker aircraft to commence test flights.
By Archer Aviation Inc. · Via Business Wire · November 10, 2021
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Archer Aviation Inc. (“Archer”) (NYSEACHR), today announced that it expects to release its Third Quarter Fiscal Year 2021 financial results on Thursday, November 11, 2021 at 4:00 p.m. Eastern Standard Time.
By Archer Aviation Inc. · Via Business Wire · October 25, 2021
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Archer Aviation Inc. (“Archer'') (NYSEACHR), a leading developer of all-electric vertical takeoff and landing (“eVTOL”) aircraft, announced that its Class A common stock and warrants will begin trading on the New York Stock Exchange under the symbols “ACHR” and “ACHR WS”, respectively, today.
By Archer Aviation Inc. · Via Business Wire · September 17, 2021
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Archer Aviation Inc. announced today that it has closed its business combination with Atlas Crest Investment Corp. (NYSEACIC) (“Atlas Crest”), a special purpose acquisition company. Upon the completion of the transaction, Atlas Crest changed its name to “Archer Aviation Inc.” Archer’s common stock and warrants will commence trading on the New York Stock Exchange (“NYSE”) on September 17, 2021, under the ticker symbols “ACHR” and “ACHR WS”, respectively.
By Archer Aviation Inc. · Via Business Wire · September 16, 2021
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Atlas Crest Investment Corp. (NYSEACIC) (“Atlas Crest”), a special purpose acquisition company, announced that its stockholders approved all proposals related to the previously announced business combination (the “Business Combination”) with Archer Aviation Inc. (“Archer”) at a special meeting of stockholders held today (the “Special Meeting”). A Current Report on Form 8-K disclosing the full voting results will be filed with the Securities and Exchange Commission.
By Archer Aviation Inc. · Via Business Wire · September 14, 2021
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California-based Archer Aviation Inc. (“Archer''), a leading developer of an Urban Air Mobility ecosystem and all-electric vertical takeoff and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. (NYSEACIC) (“Atlas Crest”), a special purpose acquisition company, today announced that the companies will host a fireside chat with IPO Edge on Thursday, September 2 at 12:00 pm EDT, to discuss their pending business combination (the “business combination”) to be approved at the special meeting of stockholders of Atlas Crest scheduled for September 14, 2021 at 10:00 am ET (the “Special Meeting”).
By Archer Aviation Inc. · Via Business Wire · August 31, 2021