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Archer Aviation Investor Relations Material
Latest events
Q3 2024
Latest reports from Archer Aviation Inc
Power efficient and safe aircrafts
Archer Aviation develops modern, quiet, and safe electric aircrafts for passenger-first urban air transportation. The company is building an electric powertrain system for the aircrafts that is significantly more efficient and power dense than current alternatives on the market. The system will be powered by existing mass production cells, and is designed with the highest standards for power efficiency and safety.
Expansion where demand is high
Archer Aviation will initially deploy a direct sales strategy towards consumers, offering transportations from airports to city centers and vice versa with partners like United Airlines. This will in turn generate cash flows to enable further expansion into more cities where demand is perceived to be high. As demand scales, the company expects to collaborate with more development partners to build out the landing infrastructure.
Collaborates with acknowledged partners
During 2020 and 2021, Archer Aviation entered strategic relationships regarding both manufacturing and operations with several acknowledged partners such as Stellantis, U.S. Air Force, and United Airlines. The company went public on 17 September 2021 on the New York Stock Exchange by merging with a SPAC called Atlas Crest Investment Corp.
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