Archer’s Maker eVTOL Makes Transition From Vertical to Cruise Flight
Prototype electric aircraft is a testbed for technology Archer plans to use on Midnight, a design it hopes to certify with the FAA.
Prototype electric aircraft is a testbed for technology Archer plans to use on Midnight, a design it hopes to certify with the FAA.
Archer Aviation (NYSE:ACHR) on Thursday delivered its first quarterly earnings report since going public two months ago, reporting a $177 million net loss, but saying it remains on track to fly its innovative new aircraft prototype by next month. The company attributed the loss to operating expenses, plus interest payments, which included the cost of […]