ARCHER AVIATION INC-A (ACHR)

Company Profile

Archer Aviation, Inc. engages in the development of electric vertical take-off and landing (eVTOL) aircraft. The company is headquartered in San Jose, California and currently employs 578 full-time employees. The company went IPO on 2020-10-28. The firm is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. The Company’s eVTOL aircraft are designed to be safe, sustainable, and quiet. Its production aircraft, Midnight, is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is designed to carry four passengers plus a pilot optimized for back-to-back short distance trips of around 20-miles, with minimal charging time between trips. The company intends to operate two complementary lines of business: a direct-to-consumer aerial ride share service (Archer UAM) and the sale of its aircraft to other operators (Archer Direct). Midnight is the evolution of its demonstrator eVTOL aircraft, Maker, which through its flight test program has helped validate its proprietary 12-tilt-6 aircraft configuration and certain key enabling technologies.

Company Info

ARCHER AVIATION INC-A

190 West Tasman Drive

San Jose CALIFORNIA

P: 16502723233

Employees: 578

Website: https://www.archer.com/