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Archer Aviation

All articles tagged with #archer aviation

Melania Trump Highlights US-Built Humanoid at White House Tech Summit
technology16 days ago

Melania Trump Highlights US-Built Humanoid at White House Tech Summit

Figure AI unveiled its third-gen humanoid robot, Figure 3, beside Melania Trump at a White House summit on technology and children’s education, underscoring rising interest in humanoid robotics. Backed by Nvidia and led by CEO Brett Adcock, the company aims to deploy thousands of robots and is valued at about $39 billion after a $1 billion Series C, with BMW already using its robots. The event follows a string of strong investor momentum and a pending lawsuit from a former head of product safety alleging safety concerns that Figure AI disputes, raising ongoing questions about safety standards in the field.

Archer-Joby Patent Clash Heats Up as Insider Stock Awards Tie to Pay
market-news26 days ago

Archer-Joby Patent Clash Heats Up as Insider Stock Awards Tie to Pay

Archer Aviation escalates its patent dispute with Joby Aviation, filing a federal counterclaim and an ITC complaint over eVTOL patents and seeking damages and potential import relief. Separately, insider filings show stock awards vesting and connected tax-driven sales rather than a shift in sentiment. The developments come as Archer faces a stock move and analysts note a strong upside potential despite the legal battle.

Eight-city FAA program advances real-world tests of electric air taxis
technology1 month ago

Eight-city FAA program advances real-world tests of electric air taxis

The FAA-approved eight pilot projects across 26 states will test electric vertical takeoff and landing aircraft, air taxi routes, cargo and medical missions as part of the Advanced Air Mobility/eVTOL Integration Pilot Program, with partners including Archer, Joby, BETA and Electra. Operations begin this summer to generate data for future regulations, highlighting U.S. efforts amid global competition with China; Los Angeles was not selected as a test site, and Archer and Joby are contesting ties to China in a separate lawsuit.

Archer Aviation’s 2026 Loss Outlook Weighs on Shares as FAA Certs Loom
business1 month ago

Archer Aviation’s 2026 Loss Outlook Weighs on Shares as FAA Certs Loom

Archer Aviation reported a $137.9 million EBITDA loss on sales under $1 million and forecast a Q1 2026 EBITDA loss of $160–$180 million with full-year losses around $500 million on about $31 million in revenue; FAA certification could come as early as late 2026, and the company holds roughly $2 billion in liquidity, but the earnings miss and cautious outlook drove the stock lower, with mixed analyst views and targets, while profitability is not expected until 2029 as sales grow.

Cathie Wood Reweights Bets: Archer Aviation Up, Palantir Down
business2 months ago

Cathie Wood Reweights Bets: Archer Aviation Up, Palantir Down

Cathie Wood trimmed Palantir shares and bought Archer Aviation, signaling a shift from Palantir's AI software growth to Archer's early-stage eVTOL potential. Palantir has shown AI-driven growth via its AIP but faces valuation concerns and a mixed analyst view (Jefferies Underperform, consensus Neutral). Archer is progressing toward Midnight certification, expanding partnerships (Stellantis, United Airlines, Anduril) and leveraging a cash-rich balance sheet, with Dayal (HC Wainwright) naming it a Buy and a high 12-month target. Wood's trades include about $76.9 million sold of PLTR and roughly $11.6 million purchased of ACHR, underscoring her tilt toward disruptive AI and urban mobility while remaining wary of rich valuations.

Trump's Support Boosts U.S. Air Taxi and Flying Car Initiatives
business7 months ago

Trump's Support Boosts U.S. Air Taxi and Flying Car Initiatives

Shares of Joby and Archer Aviation surged after announcing their participation in the White House's eVTOL testing program, which aims to accelerate the adoption of electric vertical takeoff and landing vehicles, seen as a step toward commercial flying car services. The program, initiated by President Trump, allows mature eVTOL companies to operate in select markets before full FAA certification, boosting investor confidence in these companies' future growth.