Latest news with #AdamGoldstein
Axios
23-07-2025
- Business
- Axios
Archer and Anduril are "deep in the work" on secretive VTOL aircraft
Archer Aviation and Anduril Industries are "deep in the work, building stuff," for their hybrid-power vertical takeoff and landing aircraft, the former's CEO, Adam Goldstein, told Axios. Why it matters: Very little has been shared about the project, which was initially described as targeting a potential Pentagon program. What they're saying: "I think the U.S. and its allies have an increasing demand for autonomous and attritable assets, especially big flying things," Goldstein said in an interview on the sidelines of the Reindustrialize conference in Detroit. "The need is very near-term for this stuff. The question is: How much of it can you build?" Catch up quick: The companies announced their exclusive partnership in December. At the time, Goldstein told Axios: "You can imagine things that helicopters do are the things that we're building toward." Flashback: Archer most recently raised $850 million. It disclosed the funding ahead of the Paris Air Show, where it displayed its Midnight aircraft.
Business Insider
23-07-2025
- Business
- Business Insider
Archer Aviation (ACHR) Stock Sinks 10% as Investors Wait for Commercial Takeoff
Archer Aviation (ACHR) is steadily laying the groundwork for next-gen city transit, striking deals and forming partnerships around the world with what appears to be a focused strategy. Still, the future can't arrive fast enough. Until commercialization becomes real, the stock remains a speculative play. Yesterday's trading session proved just that, as shares of ACHR fell $1.44 to $11.85, down 10.84%, with an added premarket drop to $11.45. The sell-off occurred amid heavy options activity, with 204,000 contracts changing hands. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Call volume continued to outpace puts, with a put/call ratio of 0.47. That is higher than the typical 0.25, signaling more hedging despite bullish speculation. Implied volatility dropped sharply, falling 12.62 points to 86.96, but remains elevated versus historical norms. Options are pricing daily swings of $0.65, and skew data shows rising demand for downside protection. Manufacturing Moves, Market Waits Just a few days ago, CEO Adam Goldstein highlighted the company's acquisition of an advanced composite manufacturing facility in Long Beach, which occurred in May. 'We continue to believe that investing in key advanced manufacturing capabilities here in the U.S. is the right approach,' he wrote. The deal aims to reduce costs on the Midnight aircraft and speed up development of new variants, including for defense. The move reflects Archer Aviation's focus on deeper U.S. manufacturing as it scales. For now, Archer Aviation is moving fast on vision, but the market is waiting on execution. Until timelines firm up and revenue starts to take shape, volatility may remain part of the journey. Is Archer Aviation Stock a Good Buy? Despite the stock's decline, Wall Street analysts remain optimistic about the company. Based on six recent ratings, Archer Aviation boasts a 'Moderate Buy' consensus with an average 12-month price target of $11.75. This implies a 0.84% downside from the current price.
Yahoo
16-07-2025
- Business
- Yahoo
Archer Aviation and the Field of Dreams Business Model
The disconnect between short-seller criticism and Archer's strengthening financial position reveals a fundamental misunderstanding of how aerospace innovation works. With an exceptional balance sheet, test flights underway in Abu Dhabi, and regulatory momentum from a five-country certification alliance, Archer is executing its methodical path to commercialization. While critics focus on production timelines, the company's transformation from concept to global test case demonstrates why building strategic partnerships and investor confidence creates the foundation for revolutionary technology. 10 stocks we like better than Archer Aviation › If you build it, they will come -- but in aerospace, you need more than vision. You need capital, regulatory traction, and global partnerships just to reach the runway. Critics of Archer Aviation (NYSE: ACHR) seem to have missed this fundamental truth about how transformative technologies reach the market. The short thesis fixates on whether the company can meet its stated production and certification targets, as if timeline adjustments in a complex regulatory environment somehow invalidate the entire enterprise. Here's what the skeptics are missing: Archer's stock trades around $11.40 per share, as of this writing (July 15), supporting a $6.3 billion market cap for a pre-revenue company. That's not irrational exuberance -- it's the market pricing in the systematic de-risking of what was once considered science fiction. Nearly four years after going public, the company has assembled one of the strongest balance sheets in the advanced air mobility industry, with over $1.4 billion in cash and committed capital following its recent $850 million strategic funding round. Here's why Archer's "Field of Dreams" business model -- if you build it, they will come -- is not only succeeding, but creating value ahead of schedule. The catalyst? A White House executive order establishing an electric vertical takeoff and landing (eVTOL) Integration Pilot Program designed to accelerate deployment of electric air taxis in the U.S. This wasn't random government largesse -- it followed years of patient coalition-building by Archer and its peers. The company's CEO, Adam Goldstein, joined Transportation Secretary Sean Duffy at the Paris Air Show to announce a five-country alliance including the U.S., U.K., Australia, Canada, and New Zealand that will streamline global certification. Once Archer obtains FAA-type certification -- targeted for late 2025 -- this alliance creates a smooth pathway to deploy its Midnight aircraft internationally. Critics highlight delays in piloted flight testing. But in July 2025, test flights officially began in Abu Dhabi, validating the Midnight aircraft in real-world conditions. Production scaling targets of just two aircraft per month by year-end underscore the methodical approach Archer is taking. While some view these as execution risks, patient investors recognize that rushing aviation certification would be far riskier. Archer has already secured Part 135 operating authority and Part 145 maintenance certification, with flight simulation (Part 142) pending. That's tangible regulatory progress that positions the company for success, whenever the final approval arrives. Abu Dhabi isn't a marketing stunt. It's a crucible. The region's extreme conditions of heat, humidity, and dust will stress-test Midnight's systems far beyond what it might encounter in Los Angeles or New York. Abu Dhabi Aviation, the Middle East's largest commercial helicopter operator, has signed on as Archer's first Launch Edition customer, with Ethiopian Airlines also joining the program. This partnership brings operational expertise that will accelerate the learning curve across multiple continents. While critics point to quarterly losses as evidence of unsustainability, Archer's Q1 2025 results beat analyst expectations on the bottom line, demonstrating disciplined financial management. They're measuring tomorrow's transportation revolution by yesterday's financial metrics. That burn rate funds partnerships with Palantir Technologies for artificial intelligence (AI)-driven aviation software, collaborations with Anduril for defense applications, and manufacturing facilities in both Silicon Valley and Georgia. Archer's order book has swelled to nearly $6 billion, including agreements with United Airlines and Southwest Airlines, as well as its designation as the official air taxi provider for the 2028 Los Angeles Olympics. Scaling production from prototype to commercial volume presents significant hurdles -- establishing robust supply chains, optimizing manufacturing processes, and ensuring consistent quality for an entirely new category of aircraft. This isn't SaaS. It's aircraft. Archer's collaboration with Stellantis provides valuable automotive manufacturing expertise, with an additional $400 million contract manufacturing agreement to help scale manufacturing. This is precisely why the company's methodical approach matters: build awareness, strengthen the balance sheet, develop the technology, establish regulatory frameworks, then scale. The competitive landscape is fierce. Joby Aviation, backed by Toyota with $500 million in funding, is pursuing a similar certification timeline. Beta Technologies focuses on cargo applications. Each competitor has unique strengths, but Archer differentiates itself through its targeted Launch Edition program for early international deployment, its unique 12-tilt-6 aircraft configuration, and its diversified partnership network spanning commercial aviation, defense, and global infrastructure providers like Jetex. While technological and regulatory pathways are clearing, widespread public acceptance isn't guaranteed. Initial concerns about noise, safety perception, and affordability could impact adoption rates. Archer's strategy of focusing first on premium routes between airports and city centers, leveraging partnerships with established airlines, aims to build confidence before broader market penetration. The company must deliver a compelling value proposition at scale -- not just a novelty for the wealthy. This is the real test of the company's business model and unique transportation platform, not if Archer can meet completely arbitrary internal production targets during its initial ramp. Consider that just one year ago, most investors couldn't define "eVTOL" without an internet search. Today, the term shows up in White House executive orders and international regulatory frameworks. That's not hype. That's infrastructure being built. Critics who fixate on production delays are missing the broader shift. Aerospace doesn't move on quarterly timelines. What's unfolding isn't a missed deadline. It's the emergence of a new category of transportation. The market isn't betting on Archer to beat near-term earnings. It's betting on the convergence of technology, policy, and environmental necessity to drive adoption. That future is coming. Even if it takes a few extra quarters, it still changes everything. Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $680,559!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,670!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 George Budwell has positions in Archer Aviation, Joby Aviation, Palantir Technologies, and Toyota Motor. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool recommends Southwest Airlines and Stellantis. The Motley Fool has a disclosure policy. Archer Aviation and the Field of Dreams Business Model was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
03-07-2025
- Business
- Globe and Mail
Why I Think Archer Aviation Is Poised for a Breakout
Wall Street sees Archer Aviation (NYSE: ACHR) as just another electric flying taxi company burning cash while chasing FAA certification. Yes, the risks are real -- certification delays, massive cash burn, fierce competition, and the challenge of scaling a new form of aviation. But that narrow view completely misses what's really happening here: Archer is quietly building the most valuable defense aviation asset outside the traditional primes -- and a major acquisition or corporate restructuring could soon expose this hidden value. Here's a deeper look at why I think these forces are building to drive a major breakout in the stock in the not-so-distant future. The White House just changed everything Trading around $10 with a market cap near $5.4 billion at the time of writing (July 1, 2025), Archer has delivered impressive returns, up over 245% in the past three years. But those gains pale compared to what's coming. In June 2025, following President Trump's executive order establishing an eVTOL Integration Pilot Program, Archer raised $850 million at $10 per share, bringing its total liquidity to an industry-leading $2 billion. This wasn't just another funding round. The White House explicitly aims to establish U.S. "dominance" in eVTOL technology through its new Integration Pilot Program. The timing is perfect -- Archer serves as the Official Air Taxi Provider for the Los Angeles 2028 Olympics, creating a high-profile deadline for commercial deployment. CEO Adam Goldstein called the executive order a "seminal moment" -- and he's right. Unlike competitors burning through capital with single-market strategies, Archer's dual approach and $2 billion war chest provide multiple paths to profitability. While well-funded competitors like Joby Aviation (NYSE: JOBY) pursue both civilian and military markets, Archer has assembled something unique: an exclusive defense partnership combining its hybrid-electric vertical takeoff and landing (eVTOL) technology with Anduril's autonomous systems and Palantir Technologies ' (NASDAQ: PLTR) artificial intelligence (AI) infrastructure. This triumvirate represents a $100 billion-plus opportunity that doesn't require FAA certification. The defense disruption play Yes, both Archer and Joby have defense contracts. But Archer's approach is fundamentally different. The late-2024 Anduril partnership creates a hybrid-propulsion aircraft specifically for military use -- not adapted civilian aircraft. This matters because hybrid systems offer extended range and payload capacity that pure electric vehicles can't match right now. More importantly, Anduril brings its Lattice AI platform, already integrated into hundreds of military systems. Combined with Palantir's March 2025 partnership for AI-powered aviation software, Archer offers the Pentagon something unprecedented: a fully integrated, AI-enabled vertical lift capability from three of defense tech's hottest companies. The partnership targets a "program of record" -- Pentagon-speak for guaranteed multiyear funding. These contracts can reach billions annually. With defense demand "stronger than expected," according to Goldstein, the company aims to build early hybrid-propulsion defense prototypes soon, distinct from its Midnight commercially oriented aircraft. The split scenario unlocks everything Here's where it gets interesting. Archer could unlock massive value through a corporate split, separating its commercial and defense operations. This solves multiple problems at once: Stellantis, with its substantial stake in Archer, wants to focus on commercial air mobility -- not get entangled with defense contractors. A split allows the commercial division to pursue the $1 trillion urban air mobility market with Stellantis and United Airlines, backed by the White House pilot program. Meanwhile, the defense division -- supercharged by Anduril and Palantir -- becomes an attractive acquisition target for Northrop Grumman (NYSE: NOC) or other defense primes. Northrop has explicitly prioritized AI, autonomous systems, and next-generation aviation. The aerospace giant's Orbital ATK acquisition ($9.2 billion total in 2018) proved its ability to integrate cutting-edge aerospace assets, expanding capabilities in solid rocket motors, missile systems, and space technologies. Multiple paths to value Archer isn't waiting for corporate action. The company delivers its first piloted Midnight aircraft to Abu Dhabi Aviation this summer. Manufacturing has begun at its Georgia facility, targeting two aircraft per month by year-end. The Palantir partnership adds another layer, developing AI-powered air traffic systems worth billions. With a pro forma liquidity position of $2 billion, Archer has industry-leading financial resources to execute on both opportunities simultaneously. Wall Street still prices it primarily as a pre-revenue eVTOL company, largely ignoring its defense potential. But with Anduril recently beating Boeing for major contracts and White House backing, the market's dismissive attitude is changing. When investors recognize Archer's transformation from flying taxi company to critical defense asset, today's $10 stock will look like the bargain of the decade. After all, defense stocks tend to sport premium valuations and stellar free cash flows. Should you invest $1,000 in Archer Aviation right now? Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $697,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $939,655!* Now, it's worth noting Stock Advisor 's total average return is1,045% — a market-crushing outperformance compared to178%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
TECHx
03-07-2025
- Business
- TECHx
Archer Aviation Conducts Air Taxi Test in Abu Dhabi
Share Archer Aviation has announced the successful completion of test flights for its Midnight electric vertical take-off and landing (eVTOL) air taxi in Abu Dhabi. The test flights were conducted at Al Bateen Executive Airport in line with the Smart and Autonomous Systems Council (SASC) strategy to advance smart aerial mobility solutions. The initiative was carried out in collaboration with the Abu Dhabi Investment Office (ADIO). The flight was witnessed by senior officials from the UAE General Civil Aviation Authority (GCAA), ADIO, the Integrated Transport Centre, Abu Dhabi Aviation, and Abu Dhabi Airports. Representatives from Archer's regional partners also attended. The test focused on evaluating the Midnight aircraft's vertical take-off and landing (VTOL) performance in UAE-specific conditions. These included high temperature, humidity, and dust exposure. The results will help validate the aircraft's readiness for commercial deployment in the region. Archer Aviation reported that the test marks a significant step in its plan to expand operations and certify its air taxi services in the UAE and other key markets. The company will continue its flight-testing programme in the region. Additional data will support certification and commercialisation efforts. Badr Al Olama, Director-General of ADIO, revealed that the flight reflects Abu Dhabi's ambition to lead in advanced urban air mobility. He added that through the Smart and Autonomous Vehicles Industry (SAVI) Cluster, the emirate is enabling companies like Archer to test, certify, and scale next-generation air mobility solutions. Adam Goldstein, CEO and Founder of Archer Aviation, said the UAE test flights represent a critical milestone. He stated that operating in summer conditions provides essential data to advance certification efforts in both the UAE and the US. The flight supports Archer's Launch Edition programme with Abu Dhabi Aviation. This initiative aims to establish air taxi services in the capital. The programme is part of Archer's broader strategy to commercialise eVTOL aircraft in early adopter markets. Archer recently received regulatory design approval for the UAE's first hybrid heliport at Abu Dhabi Cruise Terminal in Zayed Port. The company also continues to strengthen partnerships with leading regional operators. According to Archer, choosing Abu Dhabi as its first Launch Edition market highlights the emirate's leadership in urban air mobility and its commitment to innovative and sustainable transport solutions. Source: Emirates News Agency
