Archer announced today that it has signed an agreement outlining plans to deploy an initial fleet of Midnight aircraft to Africa's largest carrier and Star Alliance member, Ethiopian Airlines, under Archer's "Launch Edition" program valued at up to $30M. The companies will work together to over time build an air taxi network in the region, with Archer planning to provide Ethiopian Airlines with a team of pilots, technicians, and engineers to support the initial deployment of these early launch edition Midnight aircraft in Ethiopia. While the two companies will primarily focus on developing an air taxi network in the region, they will also explore other use cases, including eco-tourism.

Archer will initially leverage Palantir Foundry and AIP to accelerate the scaling of its aircraft manufacturing capabilities Archer and Palantir plan to work in parallel to develop software for the next-gen of critical aviation systems, including air traffic control, movement control and route planning Archer and Palantir will formalize the partnership later today during a signing ceremony between Palantir co-founder and CEO, Alex Karp, and Archer Founder and CEO, Adam Goldstein, at Palantir's AIPCon Archer Aviation Inc. (NYSE:ACHR) and Palantir Technologies Inc. (NASDAQ:PLTR) announced a partnership today to build the AI foundation for the future of next-gen aviation technologies. T

Unveiled "Launch Edition" commercialization program with Abu Dhabi Aviation (ADA) as its first customer, establishing a playbook to deploy Midnight commercially to dozens of early adopter markets in advance of type certification of the aircraft by the FAA Eyeing strong demand in the defense market and beyond for its planned hybrid aircraft that it is developing under an exclusive partnership with Anduril Industries Inc. ("Anduril") Starting production of the first Midnight aircraft at its ARC facility in Covington with plans to build up to 10 Midnight aircraft this year to support ongoing certification testing programs and deployments with key partners Maintaining one of the stron

Analyst downgraded Archer Aviation from Overweight to Neutral and set a new price target of $9.00 from $6.00 previously

Needham initiated coverage of Archer Aviation with a rating of Buy and set a new price target of $11.00

H.C. Wainwright initiated coverage of Archer Aviation with a rating of Buy and set a new price target of $12.50

4 - Archer Aviation Inc. (0001824502) (Issuer)

4 - Archer Aviation Inc. (0001824502) (Issuer)

4 - Archer Aviation Inc. (0001824502) (Issuer)

4 - Archer Aviation Inc. (0001824502) (Issuer)

4 - Archer Aviation Inc. (0001824502) (Issuer)

4 - Archer Aviation Inc. (0001824502) (Issuer)

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Archer Defense added Lieutenant General (Ret) Scott Howell to its Advisory Board, which includes seven other highly decorated retired military leaders Howell will support Archer Defense, Archer's newest business unit focused on delivering next-generation aircraft for military applications He will provide critical guidance to the team as they continue to advance their work with the Department of Defense and other military branches Howell will continue his work with General Catalyst as an advisor focused on modern defense and intelligence This week Archer Aviation Inc. (NYSE: ACHR) added Lieutenant General (Ret) Scott Howell to its Advisory Board to help guide its newly formed Ar

Archer and Signature recently signed a memorandum of understanding (MOU) identifying initial day one opportunities for launching air taxi services including in key United Airlines hubs at Newark International (EWR) and Chicago O'Hare (ORD) Airports, as early as the end of 2025. The MOU anticipates that the parties will electrify Signature's industry-leading network of private aviation terminals, giving Archer access to takeoff and landing sites in major metropolitan areas across the U.S. and globally, including New York, Los Angeles, San Francisco Bay Area, and Texas. Archer and Signature plan to install BETA's UL-Certified CCS rapid charging systems endorsed by General Aviation Manu

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, Oct. 03, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Archer Aviation, Inc. ("Archer" or the "Company") (NYSE:ACHR) investors that a lawsuit filed on behalf of investors that purchased Archer securities between September 17, 2021 and August 15, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options

Unveiled "Launch Edition" commercialization program with Abu Dhabi Aviation (ADA) as its first customer, establishing a playbook to deploy Midnight commercially to dozens of early adopter markets in advance of type certification of the aircraft by the FAA Eyeing strong demand in the defense market and beyond for its planned hybrid aircraft that it is developing under an exclusive partnership with Anduril Industries Inc. ("Anduril") Starting production of the first Midnight aircraft at its ARC facility in Covington with plans to build up to 10 Midnight aircraft this year to support ongoing certification testing programs and deployments with key partners Maintaining one of the stron

Archer Aviation Inc. (NYSE:ACHR) will report its fourth quarter and full year 2024 operating update and financial results after market close on Thursday, February 27, 2025. The company will host a live webcast to discuss its results at 2:00 p.m. Pacific Time. The live webcast and replay will be available at investors.archer.com. For the first time, Archer will also utilize Say Technologies' Q&A Platform to allow shareholders to submit and vote on questions by visiting https://app.saytechnologies.com/archer-aviation-2024-q4. About Archer Archer is developing the technologies that will power the future of advanced aviation. To learn more, visit www.archer.com. Source: Archer Text: Arc

Manufacturing facility set for completion in the coming weeks, focus going into 2025 is on building piloted, type-design aircraft for use in testing and early commercial deployment Nearing completion of Phase 3 of the FAA's type certification process while continuing to rapidly advance Phase 4, the final phase to secure type certification Established a consortium led by the Abu Dhabi Investment Office (ADIO) to launch commercial air taxi services in the UAE as early as Q4'25 Signed partnership with Japan Airlines and Sumitomo Corporation's joint venture, Soracle, with a planned order of up to $500M of Midnight aircraft, bringing Archer's indicative order book to $6B+* Archer Aviati

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