Stock Price, News, Quote and Profile of ARCHER AVIATION INC-A(NYSE:ACHR) stock

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ARCHER AVIATION INC-A

NYSE:ACHR (7/2/2024, 10:19:09 AM)

3.6003

+0.18 (+5.27%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorIndustrials

GICS IndustryAerospace & Defense

GICS SubIndustry

Chartmill FA Rating

Valuation

Growth

Profitability

Health

Dividend

Chartmill High Growth Momentum

EPS Q2Q%

Sales Q2Q%

CRS

6 Month-38.16%

Overview

Earnings (Last)

Earnings (Next)

Ins Owners

Inst Owners

Market Cap1.16B

PEN/A

Fwd PEN/A

Dividend YieldN/A

Analysts

IPO

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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 390 full-time employees. The company went IPO on 2020-10-28. The firm is focused on designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. Its eVTOL aircraft are designed to be safe, sustainable, and quiet. The Company’s production aircraft, Midnight is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is designed to carry four passengers plus a pilot up to 100 miles at speeds up to 150 miles per hour, but is optimized for back-to-back short distance trips of around 20-miles, with a charging time of approximately 10 minutes between trips. The company intends to operate two lines of business: Archer UAM and Archer Direct. The company operates its own UAM ecosystem in United States cities. The Company’s UAM ecosystem operates using its eVTOL aircraft which is in development. The company also sells its eVTOL aircraft to third parties.