Archer Aviation announced it has completed construction of a new 400,000 square-foot eVTOL manufacturing facility in Georgia and is already implementing tooling to begin building its proprietary ...

Archer Aviation (NYSE: ACHR) is a company pioneering the development of electric vertical takeoff and landing (eVTOL) aircraft. Archer Aviation’s stock price has fluctuated significantly during ...

JPMorgan downgrades Archer and Joby Aviation amid overperformance; cites valuation concerns and certification hurdles. Analyst warns investors of near-term volatility despite promising ...

From there, it’s all about execution and scaling." Shares of Archer (ACHR) jumped 6.15% in premarket trading on Thursday. The eVTOL stock is up 47% on a year-to-date basis.

This substantial influx of capital not only solidifies Archer’s balance sheet but also provides the financial resources to advance the development and commercialization of its eVTOL aircraft.

Archer is far from the only company chasing the eVTOL dream, too. Hyundai purchased another US company working in the area, Supernal, and has been showing off concepts for a few years now.

This partnership combines Archer's proven eVTOL expertise with Anduril's cutting-edge artificial intelligence (AI) and defense-integration capabilities. The Department of Defense's growing ...