Archer Aviation

Archer Aviation Inc.
Company typePublic
ISINUS03945R1023
IndustryAviation, Advanced Air Mobility
Founded16 October 2018; 6 years ago (2018-10-16)
Founders
Headquarters
San Jose, California, U.S.
Area served
Worldwide
Key people
Adam Goldstein (CEO), Tom Muniz (COO), Mark Mesler (CFO)
ProductsElectric aircraft
Revenue$0 million (2023)
Increase -$317.3 million (2023)
Total assetsDecrease $578.3 million (2023)
Total equityDecrease $493.3 million (2023)
Number of employees
483 (2023)
Websitearcher.com

Archer Aviation Inc. is a publicly traded company headquartered in San Jose, California, which is developing eVTOL aircraft.[1][2][3]

Its eVTOL aircraft is designed to allow airline operators to transport people in and around cities in an air taxi service and are claimed to have a range of up to 100 miles (160 km) at speeds of up to 150 miles per hour (240 km/h).[4][5][6][7][8] United Airlines is its first major corporate partner, having ordered two hundred Archer electric aircraft.[9][10][11]

  1. ^ "Archer Aviation Form 8-K". U.S. Securities and Exchange Commission. June 15, 2022. p. 1.
  2. ^ Avalos, George (January 25, 2022). "Archer Aviation strikes deal to move headquarters to San Jose". The Mercury News.
  3. ^ "Electric Aircraft Startup Archer To Go Public; United Airlines Invests And Orders Electric Aircraft". Hospitality Ireland.
  4. ^ Nichols, Greg (February 26, 2021). "Flying cars over Los Angeles by 2024". ZDNet.
  5. ^ Cite error: The named reference TechCrunch was invoked but never defined (see the help page).
  6. ^ Alcock, Charles (February 10, 2021). "United Unveils Plans for eVTOL Aircraft Airport Shuttle Rides". Aviation International News.
  7. ^ "Air-Taxi Startup Archer Secures United Airlines Order In Deal To Go Public". Aviation Week & Space Technology. February 10, 2021.
  8. ^ Bartiromo, Michael (February 11, 2021). "United Airlines buying electric 'air taxis' to transport customers to airport". FOX Business.
  9. ^ Rucinski, Tracy; Nishant, Niket (February 10, 2021). "Archer to go public, United Airlines invests and orders electric aircraft". Reuters.
  10. ^ Yao, Deborah. "Best Airline Stocks to Buy as the Industry Takes Off Again". Kiplinger. Retrieved June 6, 2021.
  11. ^ Caswell, Mark (March 25, 2021). "Finnair signs Letter of Interest for 19-seater electric aircraft". Business Traveller. Retrieved June 6, 2021.