Gewinn- und Verlust: Archer Aviation Inc.

Archer Aviation said on Monday it will supply its electric powertrain for the Omen autonomous air vehicle, being co-developed by U.S. defense technology firm Anduril Industries and UAE-based EDGE group.

DUBAI, United Arab Emirates--(BUSINESS WIRE)---- $ACHR--Archer Aviation Inc. (NYSE: ACHR) today announced an agreement to supply Anduril Industries and EDGE Group with Archer's dual use electric powertrain technology to accelerate the development and scaled production of Anduril's recently unveiled Omen Autonomous Air Vehicle system. The UAE has committed to an initial acquisition of 50 Omen systems, creating an established demand signal for the Omen system and Archer's powertrain technology. The agreeme.

Whether you've heard of electric vertical takeoff and landing (eVTOL) aircraft or not, the concept of “flying cars” is something most investors can get behind.

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Archer Aviation acquired Hawthorne Airport for $126 million, securing critical infrastructure control that competitors can't easily replicate in the Los Angeles market. The company has raised $650 million and now has over $2 billion in total liquidity (comprising cash and short-term investments), surpassing that of any pure-play eVTOL competitor.

Archer just bought an airport in Los Angeles that will serve as a flagship for its LA air taxi network. The company is expected to finish 2025 with no revenue.

Archer Aviation is developing an electric air taxi to shave off travel time in major cities. The company has an ambitious plan, but it's losing a lot of money today.

The company may obtain certification for its Midnight Aircraft as early as next year. Archer's cash is sufficient to fund its operations now, but that can change in the future.

Archer Aviation (ACHR 1.00%) is building a real path from prototypes to production with Midnight, ARC scaling, and early Abu Dhabi operations.

The recent sell-off is an opportunity for long-term investors.