Archer Aviation Inc., an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in Palo Alto, California.

Archer Aviation Inc.

Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA. To learn more, visit www.archer.com.

ARK Investment Management

Stellantis

The Boeing Company

United Airlines

Access Industries

Putnam Investments

EXOR N.V.

Federated Kaufmann Fund

Mubadala Capital Ventures

Adam Goldstein

Brett Adcock

Marc Lore

A-Rod Corp

Global Founders Capital

FJ Labs

Troy Capital Partners

Greycroft

Jennifer Lopez

Lee Fixel

Archer

💨 FAA Downwash Testing with Midnight 💨

Midnight recently completed a downwash testing campaign with the Federal Aviation Administration that included a series of six flights in four days. The campaign will provide the FAA with valuable data about the impact of our aircraft’s downwash/outwash footprint when taking off and landing at helipads across the country - an important step in unlocking access to additional aviation infrastructure that will further support the ramp up of our commercial operations. 

DESIGN AS A DIFFERENTIATOR | "At Archer, the design approach had to be different. We are calling it “Transformative Design” which means designing a product that will positively impact humanity as a whole. So we aren’t just building an aircraft, we’re creating an entire infrastructure that enables you to live a certain way. We are designing the whole journey from the first mile to the last mile, from the aircraft to landing infrastructures to the accompanying digital app. We are calling this ecosystem the ‘Archer world’. This is the future of movement and as a designer I’ve become a part of that change." - Julien Montousse, Archer VP of Design & Innovation

Check out Julien's interview with Car Design News to learn about Archer's approach to aircraft and ecosystem design and the implications it has for defining the future of movement: https://lnkd.in/gd6Ks-ST

There’s no one more deserving to be named to the 2024 eVTOL Insights Powerbook than our Chief People & Partnerships Officer, Tosha Perkins, Ph.D.! Tosha’s not only made a massive impact at Archer…she’s helped shape the entire eVTOL industry as a whole:

1. Archer's success over the years is due entirely to the incredible team of people who work here. Tosha has led the build-out of our team from the beginning with the innovative recruiting program she's created with her team which has helped us scale Archer's organization without ever sacrificing the quality of talent we bring in.

2. Tosha and her team have led the way in attracting new talent to the eVTOL industry from top-tier companies like Tesla, Apple, Uber, Rivian, Lucid and so many more. Doing so is critical for the long-term success of Archer and our industry, and no one has done it better, or at a higher clip, than her. 

3. Tosha sets the tone for our organization and, importantly, our culture. She's the embodiment of the type of person we want working at Archer and the embodiment of the type of collaborator we aim to be for our partners - positive, hard-working, solutions-oriented, inclusive, and innovative. When you have someone like her leading the way, you're bound to attract people and partners with similar traits. 

Congratulations on this well-deserved honor, Tosha! https://lnkd.in/gfdNEwqn

Archer is happy to be participating in LAX’s formal request for industry input on electric air taxi operations and is encouraged by the growing interest in electric air taxi's that local leaders across the Southern California market continue to show. 

We look forward to building on our partnerships with United Airlines  and Atlantic Aviation to establish sites for electric aircraft operations in the vibrant community of Los Angeles and beyond.

Here are 3️⃣ key takeaways from our partnership announcement with NASA - National Aeronautics and Space Administration which we celebrated by ringing the NYSE opening bell: 

🦺 Safety. Safety. Safety - Safety is the guiding principle of this partnership and this first project together will focus on ensuring the highest levels of safety and performance for battery systems that we'll use to enable the electrification of aviation at scale.

👩‍🚀 Space Act Agreement - Archer and NASA have already been working together, but today's Space Act Agreement announcement sets the table to expand our work together collaborating on battery technology as well as other mission-critical eVTOL aircraft technologies.
 
💪 Leadership - Our collaboration under the NASA Space Act Agreement is focused on ensuring the U.S. leads the world in the next generation of air transportation.

Learn more: https://lnkd.in/gTBsGWty 

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
account payables	110 -	2.10M 1,908,990.91%	3.40M 61.90%	3.60M 5.88%	14.30M 297.22%
accumulated other comprehensive income loss				-800K -
cash and cash equivalents	10.15K -	36.60M 360,526.66%	746.90M 1,940.71%	69.40M 90.71%	464.60M 569.45%
cash and short term investments	10.15K -	36.60M 360,526.66%	746.90M 1,940.71%	531.20M 28.88%	464.60M 12.54%
common stock	5 -
deferred revenue		200K -	11.70M 5,750%		93.20M -
deferred revenue non current					10.80M -
deferrred tax liabilities non current					-10.80M -
goodwill
goodwill and intangible assets		500K -	500K 0%	400K 20%	400K 0%
intangible assets			500K -	400K 20%	400K 0%
inventory
long term debt	5.00K -	1.80M 35,936.04%	10.50M 483.33%	9.20M 12.38%	20.40M 121.74%
long term investments
net debt	-10.15K -	-33.40M 328,996.46%	-723.80M 2,067.07%	-47.20M 93.48%	-441.40M 835.17%
net receivables
other assets
other current assets	13.00 -		300K -	1.60M 433.33%	800K 50%
other current liabilities	43 -	100K 232,458.14%	600K 500%	36.70M 6,016.67%	3.70M 89.92%
other liabilities	47 -
other non current assets	-4 -		2.70M -	4.50M 66.67%	7.20M 60%
other non current liabilities	-5.00K -	300K 6,106.01%	30.70M 10,133.33%	18M 41.37%	52.80M 193.33%
othertotal stockholders equity		61.70M -	1.07B 1,638.25%	1.19B 10.49%	1.52B 27.92%
preferred stock	5.94K -
property plant equipment net	4 -	3.90M 97,499,900%	10.40M 166.67%	23.40M 125%	66.50M 184.19%
retained earnings	-977 -	-25.80M 2,640,636.95%	-373.60M 1,348.06%	-690.90M 84.93%	-1.15B 66.28%
short term debt		1.40M -	12.60M 800%	13M 3.17%	2.80M 78.46%
short term investments				461.80M -
tax assets
tax payables			600K -	300K 50%	1.40M 366.67%
total assets	10.17K -	41.80M 411,074.50%	768.40M 1,738.28%	573.80M 25.33%	554.30M 3.40%
total current assets	10.16K -	37.40M 367,937.79%	754.80M 1,918.18%	545.50M 27.73%	480.20M 11.97%
total current liabilities	153 -	3.80M 2,483,560.13%	28.30M 644.74%	53.30M 88.34%	114M 113.88%
total debt		3.20M -	23.10M 621.88%	22.20M 3.90%	23.20M 4.50%
total investments				461.80M -
total liabilities	5.20K -	5.90M 113,470.74%	69.50M 1,077.97%	80.50M 15.83%	187.20M 132.55%
total liabilities and stockholders equity		41.80M -	768.40M 1,738.28%	573.80M 25.33%	554.30M 3.40%
total non current assets	4 -	4.40M 109,999,900%	13.60M 209.09%	28.30M 108.09%	74.10M 161.84%
total non current liabilities	5.00K -	2.10M 41,942.04%	41.20M 1,861.90%	27.20M 33.98%	73.20M 169.12%
total stockholders equity	4.97K -	35.90M 722,088.69%	698.90M 1,846.80%	493.30M 29.42%	367.10M 25.58%

COM:ARCHER

Archer Aviation Inc.

Last Close

5.78

22/11 21:00

Market Cap

1.50B

Beta: -

Volume Today

45.49M

Avg: -

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