ADDIS ABABA, Ethiopia--(BUSINESS WIRE)---- $ACHR--Archer Aviation (NYSE: ACHR) announced today that it has signed an agreement with Ethiopian Airlines, making it the second customer planning to deploy Archer's Midnight under the “Launch Edition” program. Ethiopian Airlines, Africa's largest carrier and a proud member of Star Alliance, operates an extensive global network, serving over 140 inter...
The futuristic dream of passenger electric vertical take-off and landing (eVTOL) aircraft zipping through the skies is moving closer to reality. Archer Aviation (ACHR -7.40%) expects to deploy a fleet of its "Midnight" eVTOL to an international customer later this year, ahead of an anticipated certification by the Federal Aviation Administration (FAA) in the U.S.
Archer Aviation Inc (NYSE: ACHR) has rallied nearly 30% in two weeks at a time when the majority of speculative names are struggling due to uncertainty coming out of the White House.
Archer Aviation NYSE: ACHR, an electric vertical takeoff and landing (eVTOL) aircraft developer, is transitioning from research and development toward commercial flight. This is underscored by changes detailed in the company's Q4 2024 earnings release and the unveiling of its “Launch Edition” program, which highlights tangible steps towards bringing its Midnight aircraft to market.
U.S. stocks have underperformed expectations in 2025. President Donald Trump's return to protectionist economic policies has placed significant pressure on leading tech companies, which have been the primary catalysts behind the S&P 500's (^GSPC 1.08%) remarkable performance since October 2022.
Last year, shares of air mobility company Archer Aviation (ACHR 5.13%) and enterprise software specialist Palantir Technologies (PLTR 1.29%) gained 59% and 340%, respectively -- handily outperforming the returns generated by the S&P 500 and Nasdaq Composite.
An unprecedented alliance is reshaping America's defense industry. This new triumvirate, consisting of Archer Aviation (ACHR 8.97%), Anduril, and Palantir Technologies (PLTR 8.31%), unites breakthrough innovations in three domains: advanced aerial mobility, autonomous defense systems, and data intelligence.
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