The Latest Breaking News from Archer Aviation

Dozens of wars are raging around the world. But it's not the traditional defense contractors investors are paying attention to.

The biennial Dubai Airshow takes off next week, featuring the latest innovations from the aerospace industry. Boeing, Airbus to fight for orders amid supplier issues.

The parent company of IndiGo, InterGlobe Enterprises, and American aircraft manufacturer Archer Aviation have entered into an agreement to operate an all-electric air taxi service in India by 2026.

Archer Aviation stock soared 240% as the electric aircraft maker gears up for takeoff in early 2025. ARK Invest CEO Cathie Wood is buying in.

The Dow Jones gained as Nvidia stock rallied. Cathie Wood loaded up on a stock amid a monster run. A trio of stocks moved toward buy points.

Carmaking giant Stellantis wants to mass produce "air taxis" designed to carry a handful of passengers on short trips high above road traffic, the company announced this week. It plans to invest up to $150 million in Archer Aviation, which has developed an electric aircraft that can take off and…

 

Archer Aviation Inc (NYSE:ACHR) reported a first-quarter net loss of $(59.2) million, wider than the $(43.3) million loss in 4Q21 and narrower than the $(94.9) million loss in 1Q21. Adjusted EBITDA loss expanded to $(39.1) million from $(15.6) million a year ago. Total operating expenses were $65.3 million for the quarter, a…

Archer Aviation's (NYSE:ACHR) short percent of float has risen 9.43% since its last report. The company recently reported that it has 5.07 million shares sold short, which is 4.41% of all regular shares that are available for trading.

Anytime a company or sector has a trillion-dollar market opportunity, it causes some excitement for investors. That’s what happened Thursday with a new analyst note on a company that went public via SPAC merger in 2021.