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Archer Aviation

5 Lessons eVTOL Can Learn from Legacy Helicopter Airlines

As investors envision a new era of hovering, environmentally friendly, electric air taxis flying short hops over traffic jams to nearby airports, the history of U.S. helicopter airlines may offer some keys to success.  New York Airways (1953-1979) and Los Angeles Airways (1947-1971)—along with similar operations in San Francisco and Chicago—were aviation trailblazers, part of […]

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Is Los Angeles Becoming a Battleground for eVTOLs?

Los Angeles is shaping up to become the first major battleground in the potentially lucrative air taxi market. Already, industry players such as Hyundai, Archer Aviation, and Volocopter have partnered with community leaders who are setting the table for electric vertical takeoff and landing (eVTOL) aircraft. And while it’s not the only city, experts say […]

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Archer Aviation Is Latest eVTOL Firm To Start Public Trading

Archer Aviation is now the third air taxi developer to start public trading since August—the second just this week—after it successfully completed a merger with a special purpose acquisition company, also known as a SPAC. As of Friday, the Palo Alto, California-based company appears on the New York Stock Exchange under the ticker symbol ACHR. […]

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SPAC Shareholders Approve Merger With eVTOL Maker Archer Aviation

A merger Tuesday has cleared the way for a third air taxi developer, Archer Aviation, to begin trading on a major U.S. stock exchange. Shareholders of Atlas Crest Investment Corp., a special purpose acquisition company (SPAC), voted to merge with Archer, which beginning Friday will be traded on the New York Stock Exchange under the […]

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Archer Moves Forward With Plans to Go Public

Electric air taxi developer Archer Aviation says it is moving forward with a planned merger next month that will take the company public amid an ongoing legal dispute with rival Wisk Aero. The agreement with Atlas Crest Investment Corp., a special purpose acquisition company (SPAC) is expected to be voted on by Atlas shareholders during […]

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Air Taxi Developer Archer Seeks $1 Billion From Rival Wisk

Air taxi eVTOL developer Archer Aviation is seeking $1 billion in damages from rival Wisk Aero, escalating an ongoing dispute over allegations of trade secret theft. It’s the latest in a series of legal challenges between the two companies. In April, Wisk sued Archer, claiming that former employees took a number of proprietary documents—including aircraft, […]

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Pilot in aircraft
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