Archer Aviation Inc (ACHR) Sector

(Current) $4.21
0.01 (0.24%) Open Price: 4.19

Archer Aviation Inc. is an American aerospace company specializing in electric vertical takeoff and landing (eVTOL) aircraft. The company was founded in 2020 by Adam Goldstein and Brett Adcock, who aimed to revolutionize urban air mobility and transform the future of transportation.

Archer's eVTOL aircraft are designed to be fully electric and autonomous, with the capability to take off and land vertically, eliminating the need for traditional runways. The aircraft are intended to provide a sustainable and efficient solution for urban transportation, reducing traffic congestion and emissions in heavily populated areas.

The company is working on developing eVTOL aircraft with a focus on safety, performance, and accessibility. Their vision is to make urban air mobility a reality by providing a safe, reliable, and affordable transportation option for passengers in metropolitan areas.

Archer has also entered into strategic partnerships with established companies in the aviation and transportation industries, aiming to leverage their expertise and resources to accelerate the development and commercialization of its eVTOL aircraft.

The company has ambitious plans to begin commercial operations and deploy its eVTOL aircraft as part of integrated air mobility networks in select cities in the near future, pending regulatory approvals. As the urban air mobility sector continues to grow, Archer aims to be at the forefront of the industry, shaping the future of transportation with its innovative electric aircraft solutions.

(04/11/24) $4.19
(04/12/24) $4.20
(04/12/24) (Qty.)3,817,161
(04/11/24) $4.13
(04/11/24) $4.32
(03/03/24) $4.00
(03/10/24) $5.55
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