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Archer Aviation Extends Rally, Gains 9% on LA28 Air Taxi Deal Momentum
Archer Aviation (NYSE:ACHR) jumped 8.7% midday Friday, running hot after being named the Official Air Taxi Provider for the 2028 Los Angeles Olympic and Paralympic Games on Thursday. Its essentially a coup that could showcase its Midnight eVTOL fleet to over 15 million visitors and billions of global viewers.
Archer Aviation has said it plans on launching its first commercial air taxi service in 2026, but it doesn’t expect to be “at ...
Sheppard further highlighted as attractive Archer's "highest in the industry" cash reserves of $1 billion, and its large ...
The aircraft still aren't commercially approved but could offer a way around Los Angeles' notoriously poor traffic.
The official aircraft, built by California-based Archer Aviation, will shuttle athletes and VIPs around the city at speeds of ...
The California-based company posted a Q1 2025 net loss of $93.4 million, narrowing from $116.5 million a year earlier. Loss ...
Archer Aviation has been named the air taxi provider for LA28 Olympics. ACHR shares valuation suggests the eVTOL is grossly ...
Archer Aviation shares have climbed this week following several positive company developments. These include its LA28 Olympics air taxi deal and strong first-quarter financial results.
Rolled out late last year, the first piloted Midnight has undergone extensive ground tests ahead of its first flight “in the ...
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