UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | May 16, 2024 4:00 P.M. |
Form: | S-3 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | May 16, 2024 4:00 P.M. |
Form: | S-3 | ||||||
|
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | $12.50 | Buy | H.C. Wainwright |
6/9/2023 | $9.00 | Buy | Canaccord Genuity |
7/27/2022 | $8.00 | Outperform | Raymond James |
4/28/2022 | $7.00 | Overweight | JP Morgan |
4/11/2022 | $10.00 | Buy | Deutsche Bank |
11/30/2021 | $14.00 | Overweight | Cantor Fitzgerald |
SC 13D/A - Archer Aviation Inc. (0001824502) (Subject)
SC 13D/A - Archer Aviation Inc. (0001824502) (Subject)
SC 13G/A - Archer Aviation Inc. (0001824502) (Subject)
Today Archer Aviation announced that it has completed 402 test flights so far this year, surpassing the 400 test flight goal it set for 2024 approximately four months ahead of schedule. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903108793/en/Today Archer Aviation announced that it has completed 402 test flights so far this year, surpassing the 400 test flight goal it set for 2024 approximately four months ahead of schedule. (Photo: Business Wire) The 400 plus flights were conducted over the last eight months as the company ramps flight test operations in advance of for-credit flight testing with the FAA. Adam Goldstein,
Archer Aviation today announced the closing of the PIPE investment it previously announced as part of its Q2'24 earnings, with participation by longtime strategic investors United Airlines and Stellantis, as well as institutional investors. This additional capital gives Archer one of the strongest liquidity positions in its industry and brings Archer's aggregate funding to over $1.5B to date Archer also recently announced it reached the key terms of an agreement with Stellantis for the contribution of significant capital in the form of labor and capital expenditures to help scale Archer's Midnight manufacturing. This strategic funding arrangement is intended to give Archer the abilit
Last month, the U.S. Department of Defense (DOD) accepted the military airworthiness assessment of Archer's Midnight aircraft Archer delivered Midnight to the U.S. Air Force (USAF) for evaluation as part of Archer's AFWERX Agility Prime contract valued at up to $142M* Following the recent delivery-in-place handoff at Archer's flight test facility in Salinas, CA, a team of USAF personnel worked alongside Archer's flight test team to ramp flight operations Archer Aviation Inc. announced today it has delivered its first Midnight aircraft to the USAF to evaluate as part of its AFWERX Agility Prime contract valued at up to $142M*. This press release features multimedia. View the full
Archer Announces Second Quarter 2024 Financial and Operating Results Reached agreement in principle on key terms of contract manufacturing relationship with Stellantis1. Stellantis to contribute up to ~$400M to help scale Archer's Midnight manufacturing to 650 aircraft annually through an obligation to cover manufacturing labor costs as well as certain capital expenditures at Archer's Georgia manufacturing facility through 2030. This is in addition to Stellantis' investment in today's equity capital raise, which is incremental to their $55M equity investment in Archer last month. Secured $230M in additional equity capital since the end of Q2. This new equity capital comes from strateg
Archer Aviation Inc. (NYSE:ACHR) will report its second quarter 2024 operating update and financial results after market close on Thursday, August 8, 2024. The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its operating update and financial results. Webcast Information: To access the live webcast, visit the Archer investor relations website at investors.archer.com. Conference Call Information: To listen to the conference call, dial +1 404-975-4839 (domestic) or +1 833-470-1428 (international), and enter the access code 013488. A replay of the webcast will be available on the Archer investor relations
Midnight's Flight Test Campaign Accelerates – Closing In On Transition Milestone. In Q1, Archer flew 100+ flights, keeping us on track to exceed our goal of 400 flights this year. Midnight is closing in on its transition milestone, meaning it would take off vertically, accelerate until it transitions from thrust-born to wing-borne flight and then land again vertically. From there, we intend to fly the aircraft as much as 10-15 times per day getting closer to our commercial mission tempo. Midnight's Key Systems Pass Rigorous Testing Ahead of "For Credit" Testing. This is a part of Midnight's safety of flight readiness for its upcoming piloted flight tests later this year and in support o
3 - 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)
8-K - Archer Aviation Inc. (0001824502) (Filer)
424B5 - Archer Aviation Inc. (0001824502) (Filer)
8-K - Archer Aviation Inc. (0001824502) (Filer)
H.C. Wainwright initiated coverage of Archer Aviation with a rating of Buy and set a new price target of $12.50
Canaccord Genuity initiated coverage of Archer Aviation with a rating of Buy and set a new price target of $9.00
Raymond James initiated coverage of Archer Aviation with a rating of Outperform and set a new price target of $8.00
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: [email protected], 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
Dr. Michael Romanowski Will Align Archer's Objectives with Emerging Policy and Regulations Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations. In his role, Romanowski will collaborate with regulatory authorities and industry to form a forward-leaning position on policy, process and global certification expectations. "My career has been dedicated to improving safety. The safe advancement and implementation of emerging aerospace technologies is one of the best ways to continue to improve safety and bring lasting benefits to the American public," said D
JP Morgan analyst Bill Peterson maintains Archer Aviation (NYSE:ACHR) with a Overweight and raises the price target from $5 to $6.
As the Q2 earnings season approaches, clean tech stocks like Enovix Corp (NASDAQ:ENVX) and ChargePoint Holdings Inc (NYSE:CHPT) are catching the spotlight, navigating a landscape fraught with both opportunities and challenges. According to JPMorgan analyst Bill Peterson, the sentiment among institutional investors is notably cautious, with “elevated short interest pervasive across our coverage universe.” This ambivalence is driven by concerns about company execution and balance sheets, keeping investors on the sidelines until clearer signals emerge. Clean Tech’s Recent Rally: A Temporary Surge? Despite the overall uncertainty, Clean Tech stocks have experienced a notable upswing ov
Cantor Fitzgerald analyst Andres Sheppard reiterates Archer Aviation (NYSE:ACHR) with a Overweight and maintains $10 price target.