Archer Aviation

Extracted Attributes

• Founded

  2018-10-16

• Founders

  Adam Goldstein and Brett Adcock

• Top Speed

  150 mph (240 km/h)

• Net Income

  -317.3 million USD (2023)

• Headquarters

  San Jose, California, United States

• Stock Ticker

  NYSE: ACHR

• Total Assets

  578.3 million USD (2023)

• Aircraft Range

  100 miles (161 km)

• Employee Count

  900 (estimated 2025)

• Primary Product

  Midnight eVTOL aircraft

Timeline

• Archer Aviation is founded by Adam Goldstein and Brett Adcock. (Source: Web Search: Archer Aviation - Wikipedia)

  2018-10-16

• Archer Aviation becomes a publicly traded company on the NYSE via a SPAC merger. (Source: Web Search: Archer Aviation - Wikipedia)

  2021-09-20

• United Airlines pays a 10 million USD deposit for 100 electric flying taxis. (Source: Web Search: Archer Aviation - Wikipedia)

  2022-08-01

• Archer and United Airlines announce plans for the first US electric air taxi route between Newark Liberty International Airport and Downtown Manhattan. (Source: Web Search: Archer Aviation - Wikipedia)

  2022-11-10

• The production aircraft model 'Midnight' is unveiled at an event in Palo Alto, California. (Source: Web Search: Archer Aviation - Wikipedia)

  2022-11-17

• The Midnight aircraft completes its first successful transition flight. (Source: Web Search: Archer Aviation - Wikipedia)

  2024-06-12

• Archer announces a partnership with NVIDIA at CES 2026 to deploy AI technologies using the NVIDIA IGX Thor platform. (Source: Web Search: Archer To Build Next Wave of Aviation AI Technology)

  2026-01-08

Archer Aviation

Archer Aviation Inc. is a publicly traded company headquartered in San Jose, California, which is developing eVTOL aircraft. 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). United Airlines is its first major corporate partner, having ordered two hundred Archer electric aircraft.

Web Search Results

• Archer Aviation - Wikipedia

  Archer Aviation Inc. | Company type | Public | | Traded as | NYSE: ACHR | | ISIN | US03945R1023 | | Industry | Aviation | | Founded | 16 October 2018; 7 years ago (2018-10-16) | | Founders | Adam Goldstein Brett Adcock | | Headquarters | San Jose, California, U.S. | | Area served | Worldwide | | Key people | Adam Goldstein (CEO), Tom Muniz (COO), Geoff Bower (CFO) | | Products | Electric aircraft, Electric Air Taxi, Electric Vertical Takeoff And Landing Aircraft | | Revenue | $0 million (2023) | | Net income | -$317.3 million (2023) | | Total assets | $578.3 million (2023) | | Total equity "Equity (finance)") | $493.3 million (2023) | | Number of employees | 900 (2025) | | Website | archer.com | [...] Initially, Archer worked on developing aircraft with the Herbert Wertheim College of Engineering at the University of Florida; Goldstein and Adcock are both alumni. Archer now operates a research lab on the University of Florida's campus in Gainesville, Florida, which was funded by Goldstein and Adcock. In August 2022, United Airlines paid Archer a $10 million deposit for 100 electric flying taxis. On November 10, 2022, Archer and United Airlines announced plans for the first electric air taxi route in the US, with an initial route between Newark Liberty International Airport and the Downtown Manhattan Heliport. Archer became an IPO (ACHR)on September 20, 2021. [...] ### Midnight [edit] Midnight is Archer’s planned production aircraft. The aircraft was unveiled on November 17, 2022 at an event in Palo Alto, California. Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights. Midnight has 12 propellers: six tilt props in the front of the wing for forward and VTOL flight and six aft propellers that are stationary for VTOL flight only. Midnight is designed to travel at up to 150 mph (240 km/h) with a maximum range of 100 miles (161 km). The aircraft is powered by six independent battery packs. On June 12, 2024, Midnight completed its first transition flight. Archer flew over 400 test flights in 2024.

• Archer To Build Next Wave of Aviation AI Technology With NVIDIA ...

  This press release contains forward-looking statements regarding Archer Aviation’s future business plans, expectations, and opportunities. These statements include those regarding its design and target specifications of its aircraft,; the expansion of its planned lines of business and development of new business opportunities, such as aviation technologies and operating Hawthorne Airport and using it as a testbed for next-generation AI-powered aviation technologies; and plans and anticipated benefits of collaborations with third parties. In addition, this press release refers to agreements that remain conditional, subject to the future execution of definitive agreements and the satisfaction of certain conditions. Such agreements may not be completed or may contain different terms than [...] January 8, 2026 LAS VEGAS--(BUSINESS WIRE)-- At CES 2026, Archer Aviation Inc. (NYSE: ACHR) announced plans to develop and deploy the next generation of artificial intelligence technologies for aviation using the NVIDIA IGX Thor platform. Image 3: Archer’s Midnight aircraft at Hawthorne Municipal Airport Archer’s Midnight aircraft at Hawthorne Municipal Airport The aviation space is a high-impact domain for Physical AI, particularly to advance critical capabilities in aircraft safety, airspace integration and autonomy-ready systems. Archer plans to debut its NVIDIA integration at its recently acquired Hawthorne airport in central Los Angeles, which is expected to be its operational hub for its planned LA air taxi network and a test bed for its AI-powered aviation technologies. [...] image: Multimedia file for Archer To Build Next Wave of Aviation AI Technology With NVIDIA IGX Thor as a square in JPG format. Opens in a new window

• About Archer Aviation Inc (ACHR) - Investing.com

  SectorIndustrials Employees 774 Equity Type ORD Archer Aviation Inc., together with its subsidiaries, designs and develops aircraft and related technologies and services in the United States and internationally. It operates through the commercial and defense sectors. The company offers electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) and Archer Direct, a commercial aircraft. It also provides direct-to-consumer aerial ride share services and maintenance and repair services. The company was incorporated in 2018 and is headquartered in San Jose, California. ### Contact Information Address 190 West Tasman Drive San Jose, 95134 United States Phone 650 272 3233 Fax - Web www.archer.com ### Top Executives [...] ## Archer Aviation Inc Company Profile Get an in-depth profile of Archer Aviation Inc, including a general overview of the company's business and key management, as well as employee data and location and contact information. IndustryAerospace & Defense SectorIndustrials Employees 774 Equity Type ORD [...] | Name | Age | Since | Title | --- --- | | Adam D. Goldstein | 45 | 2018 | Founder, CEO & Chairman | | Paul W. Martin 2022 | Member of Technical Advisory Board | | Fred M. Diaz | 60 | 2021 | Non-Employee Lead Independent Director | | Barbara J. Pilarski | 61 | 2022 | Independent Director | | Deborah B. Diaz | 67 | 2021 | Non-Employee Independent Director | | Maria Pinelli | 63 | 2021 | Non-Employee Independent Director | | Oscar Munoz | 66 | 2021 | Non-Employee Independent Director | | Clayton M. Hutmacher | 64 | 2023 | Member of Government Services Advisory Board | | Ron Boxall 2023 | Member of Government Services Advisory Board | | Michael J. Durant 2023 | Member of Government Services Advisory Board | | Stephen J. Townsend 2023 | Member of Government Services Advisory Board |

• Is Archer Aviation Yesterday's News? - Yahoo Finance

  In 2024, aircraft stock Archer Aviation (NYSE: ACHR) was dominating the market. Shares of the fledgling electric vertical takeoff and landing (eVTOL) aircraft manufacturer rose 58.8% for the year, and that was on top of a 228.3% gain in 2023. Investors and aircraft enthusiasts had high hopes for the company coming into 2025. Those hopes seem to have been dashed. Archer's stock is down more than 20% year to date, despite a soaring market and outperformance by rival Joby Aviation (NYSE: JOBY). Is Archer yesterday's news? Or could the company stage a massive comeback in 2026? Here's what investors need to know. ## Awaiting approval [...] ## Awaiting approval For both Archer and Joby, it's a waiting game. Specifically, both companies are waiting for regulatory approval to begin offering air taxi service in major cities using their eVTOL aircraft. The grand prize here, of course, is approval from the U.S. Federal Aviation Administration (FAA), which has notoriously strict standards, particularly for new classes of aircraft like eVTOLs. Archer would need to obtain three separate FAA certifications to officially launch its air taxi service: Type, Production, and Operational. As of now, the company has received its Operational certification, and is in the process of obtaining its Type and Production certifications. [...] ## Should you invest $1,000 in Archer Aviation right now? Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Archer Aviation wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $505,749!\ Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,149,658!\

• Archer | LinkedIn

  # Archer Archer’s mission is to unlock the skies, freeing us to reimagine how we live and spend time. (NYSE: $ACHR) Airlines and Aviation • San Jose, California • 155,034 followers • 1,001-5,000 employees ## Overview Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer’s mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA. To learn more, visit www.archer.com. ### Website ### Crunchbase ### LinkedIn ### Industry Airlines and Aviation ### Company Size 1,001-5,000 employees 1577 associated members (LinkedIn members who've listed Archer as their current workplace on their profile) ### Founded N/A [...] for future air taxi operations. What airspace will Archer use? Our operations are designed to follow established helicopter routes, flying in controlled airspace while remaining clear of commercial airline traffic. 👉 Swipe to explore some of our initial planned networks [Likes: 913, Comments: 34]; Archer (2w): Revolutionizing the next wave of aviation AI technology with NVIDIA . Future Archer aircraft are planned to integrate NVIDIA IGX Thor, a safety-capable AI computing module that’s designed to support advanced perception, decision-making, and predictive aviation operations. We plan to test these physical AI systems at our newly acquired Hawthorne Airport to support our proposed LA air taxi network with next-generation AI technology. More from NVIDIA: [Likes: 776, Comments: 10]; Adam

• Country

  United States

• Founder

  Adam Goldstein

• Instance Of

  Q783794

• Headquarters

  San Jose