Latest news with #urbanAirMobility
Yahoo
02-07-2025
- Business
- Yahoo
Archer Aviation (NYSE:ACHR) Completes Test Flight Of Midnight Aircraft In Abu Dhabi
Archer Aviation recently completed a successful initial flight test for its Midnight aircraft in Abu Dhabi, a significant development potentially linked to its 37% rise in share price over the last quarter. This achievement, central to Archer's strategy in urban air mobility, could have boosted investor confidence amidst the company's ambitious commercialization plans in the UAE. Additionally, a new partnership with Jetex to develop infrastructure for an air taxi network complements its broader growth trajectory. These proactive steps align Archer with the prevailing market uplift, as major indices like the S&P 500 and Nasdaq showed strong performances during the same period. We've identified 4 warning signs for Archer Aviation (2 are significant) that you should be aware of. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. Archer Aviation (NYSE:ACHR) has seen an impressive total shareholder return of 216.67% over the past three years. This longer-term performance starkly contrasts its volatility over recent months, although, over the past year, Archer's return outpaced the US market's 13.9% return and surpassed the US Aerospace & Defense industry's 43.8% return, reflecting significant investor interest and market recognition of its potential in the urban air mobility sector. The recent milestones, including the successful flight tests of the Midnight aircraft and strategic partnerships, could bolster Archer's future revenue expectations. However, these developments have yet to translate into profitability, with the company remaining unprofitable and posting substantial losses. Moreover, Archer's current share price shows a notable discount to the consensus price target of US$11.94, suggesting room for growth if the company's ambitious plans materialize. Examine Archer Aviation's past performance report to understand how it has performed in prior years. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:ACHR. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Zawya
28-06-2025
- Automotive
- Zawya
FlyNow Aviation's eCopter takes flight
We are thrilled to announce that FlyNow Aviation has achieved a significant milestone in the development of our modular eCopter family. In early June, our first untethered test flights were successfully completed at our newly secured testing site in Eastern Austria. This location enables unrestricted flight operations and accelerates our technical progress. Shaping the Future of Urban Air Mobility Since 2019, FlyNow Aviation has been advancing sustainable air mobility with a clear vision — to provide efficient, clean, and affordable flight solutions, suitable as well for urban applications. From our first modular flight tests in 2021 to the maiden flight of our full-scale 1:1 prototype in 2023, our team has been committed to revolutionizing 3D mobility through technical simplicity, cost efficiency, and uncompromising safety standards. Starting in 2023, we conducted extensive flight testing at Salzburg Airport (LOWS), where safety regulations require tethered operations due to nearby air traffic and infrastructure. These tethered flights were crucial for system validation and allowed us to collect valuable data and train the flight control computer. Building on this foundation, we have now successfully transitioned to untethered flight testing at our newly secured test site in Eastern Austria. 'Every milestone brings us closer to making urban air mobility a reality for everyone. The successful untethered flight of our eCopter is not just a technical achievement — it's visible proof that our vision works. Many didn't take our tethered flights seriously, but seeing is believing. With this free flight, we've shown that FlyNow is ready to lift urban mobility off the ground,' said Yvonne Winter, Co-Founder and COO of FlyNow Aviation GmbH. 'We focus on reducing complexity and maximizing safety — principles that are essential for scalable, sustainable air transport.' What This Milestone Means The untethered test flights of the FlyNow eCopter focus on gathering extensive flight data under real-world conditions. These lower-altitude flights are essential to: • Validate system stability and safety Optimize flight control and propulsion systems Advance our modular platform toward full certification Having achieved our first certification milestone in 2022 in Specific Category SAIL II, FlyNow is now actively testing the second iteration of the eCopter and on the way towards SAIL IV that enables commercial cargo transportation. Looking Ahead FlyNow Aviation's roadmap includes launching commercial cargo operations by 2027. After accumulating over 1 million kilometers with the cargo version to meet the highest safety standards, passenger flights will follow, providing safe, low-emission, and affordable urban mobility. Our patented, counter-rotating rotor technology and modular design ensure: • Industry-leading low noise emissions (only 55 dB(A) at 150m altitude, comparable to the sound level of a dishwasher) Exceptional efficiency and minimal energy consumption (30 kWh per 100 km) • Market-leading affordability, with up to 10x lower production costs compared to other solutions on the market – making a flight on the FlyNow eCopter as affordable as a regular taxi trip. Advanced Air Mobility (AAM) is poised to become a transformative force in global infrastructure. As China accelerates its 'Low Altitude Economy,' the Sky Alliance for Automated Air Mobility ( — the strategic partnership between FlyNow Aviation and Skyroads with many aligned members — introduces a practical model: Automated Air Mobility. This innovation shifts the mobility paradigm from the softwaredriven era to a cyber-mechanical age, integrating AI into safe, analogue, sustainable transport systems,' Yvonne Winter said. About FlyNow Aviation FlyNow Aviation is revolutionizing the future of urban mobility with our fleet of electric vertical take-off and landing (eVTOL) aircraft called eCopter. These aircraft are designed to solve the growing issues of urban congestion and environmental degradation by offering an on-demand, fast, and efficient mode of transport. The eCopter family includes a one- and two-seater for personal transportation, a cargo version with a 200 kg payload capable of carrying a standard Euro pallet, as well as dedicated firefighting and rescue models — offering maximum flexibility for diverse urban and regional applications. FlyNow's eCopters come with several advantages, including production costs up to 10 times lower than competing technologies, unparalleled energy efficiency with longer flight times and greater range, and minimal noise emissions, ensuring a seamless passenger experience and positive social reception. Our ability to operate large fleets profitably, coupled with rapid certification readiness, positions FlyNow as a leader in the quickly evolving urban air mobility market. With these cutting-edge features, FlyNow is reshaping the way cities will handle air transportation, offering a cleaner, faster, and more sustainable alternative to traditional ground transportation. Read more about FlyNow Aviation FlyNow Contact Information for Media: Iana Ponomarenko Marketing ip@
Yahoo
25-06-2025
- Business
- Yahoo
Archer Aviation's Midnight Aircraft Sets Course for Global Takeoff (Revised)
Archer Aviation Inc. ACHR, as a prominent electric vertical takeoff and landing (eVTOL) aircraft developer, is aiming to transform urban air mobility through its flagship aircraft, Midnight. Built for short, frequent flights of 20–50 miles, Midnight aircraft is nearing its commercial rollout following a handful of regulatory approvals and strategic partnerships ACHR has signed June 2025, Archer Aviation signed a strategic partnership with Jetex to develop infrastructure at the latter's network of private terminals for facilitating Midnight aircraft's upcoming commercial air taxi operations. The partnership will initially concentrate on facilities in the United Arab Emirates, with plans to scale across Jetex's broader portfolio of 40 private terminals in more than 30 countries to this, ACHR joined U.S. and international regulators to launch a five-nation alliance aimed at streamlining global certification and deployment of its Midnight eVTOL flight testing already underway and certification efforts in progress, the Midnight aircraft remains well-positioned to take-off smoothly, further supported by the aforementioned strategic moves undertaken by ACHR. With demand for faster, cleaner and more efficient urban transportation on the rise, the eVTOL industry is attracting growing interest from both investors and aviation leaders. Thus, Archer Aviation apart, other players like Joby Aviation Inc. JOBY and Embraer ERJ are also making notable progress in this Aviation is advancing rapidly with its air taxi program. It has completed more than 40,000 miles of test flights and is now operating six aircraft in its test fleet. It plans to launch commercial passenger services in cities like Los Angeles, New York and the other hand, Embraer's Eve Air Mobility is developing an eVTOL aircraft focused on regional transport. Eve has gained strong industry interest, supported by Embraer's experience in commercial aviation and existing relationships with global airlines. The company is also focused on building urban air traffic management systems to support the safe integration of eVTOLs into city airspace. Shares of ACHR have gained 173.2% in the past year compared with the industry's 16.4% growth. Image Source: Zacks Investment Research The company's shares are trading at a discount on a relative basis, with its trailing 12-month Price/Book being 5.43X compared with its industry's average of 5.87X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for ACHR's 2025 and 2026 loss has improved over the past 60 days. Image Source: Zacks Investment Research ACHR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. (We are reissuing this article to correct a mistake. The original article, issued on June 24, 2025, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Embraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis Report Joby Aviation, Inc. (JOBY) : Free Stock Analysis Report Archer Aviation Inc. (ACHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
25-06-2025
- Business
- Globe and Mail
Archer Aviation's Midnight Aircraft Sets Course for Global Takeoff (Revised)
Archer Aviation Inc. ACHR, as a prominent electric vertical takeoff and landing (eVTOL) aircraft developer, is aiming to transform urban air mobility through its flagship aircraft, Midnight. Built for short, frequent flights of 20–50 miles, Midnight aircraft is nearing its commercial rollout following a handful of regulatory approvals and strategic partnerships ACHR has signed lately. In June 2025, Archer Aviation signed a strategic partnership with Jetex to develop infrastructure at the latter's network of private terminals for facilitating Midnight aircraft's upcoming commercial air taxi operations. The partnership will initially concentrate on facilities in the United Arab Emirates, with plans to scale across Jetex's broader portfolio of 40 private terminals in more than 30 countries worldwide. Prior to this, ACHR joined U.S. and international regulators to launch a five-nation alliance aimed at streamlining global certification and deployment of its Midnight eVTOL aircraft. With flight testing already underway and certification efforts in progress, the Midnight aircraft remains well-positioned to take-off smoothly, further supported by the aforementioned strategic moves undertaken by ACHR. Rising Competition in the eVTOL Space With demand for faster, cleaner and more efficient urban transportation on the rise, the eVTOL industry is attracting growing interest from both investors and aviation leaders. Thus, Archer Aviation apart, other players like Joby Aviation Inc. JOBY and Embraer ERJ are also making notable progress in this industry. Joby Aviation is advancing rapidly with its air taxi program. It has completed more than 40,000 miles of test flights and is now operating six aircraft in its test fleet. It plans to launch commercial passenger services in cities like Los Angeles, New York and Dubai. On the other hand, Embraer's Eve Air Mobility is developing an eVTOL aircraft focused on regional transport. Eve has gained strong industry interest, supported by Embraer's experience in commercial aviation and existing relationships with global airlines. The company is also focused on building urban air traffic management systems to support the safe integration of eVTOLs into city airspace. ACHR's Price Performance, Valuation and Estimates Shares of ACHR have gained 173.2% in the past year compared with the industry 's 16.4% growth. The company's shares are trading at a discount on a relative basis, with its trailing 12-month Price/Book being 5.43X compared with its industry's average of 5.87X. The Zacks Consensus Estimate for ACHR's 2025 and 2026 loss has improved over the past 60 days. ACHR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. (We are reissuing this article to correct a mistake. The original article, issued on June 24, 2025, should no longer be relied upon.) Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Embraer-Empresa Brasileira de Aeronautica (ERJ): Free Stock Analysis Report Joby Aviation, Inc. (JOBY): Free Stock Analysis Report
Globe and Mail
24-06-2025
- Business
- Globe and Mail
Archer Aviation's Midnight Jet Sets Course for Global Takeoff
Archer Aviation Inc. ACHR, as a prominent electric vertical takeoff and landing (eVTOL) aircraft developer, is aiming to transform urban air mobility through its flagship aircraft, Midnight. Built for short, frequent flights of 20–50 miles, Midnight aircraft is nearing its commercial rollout following a handful of regulatory approvals and strategic partnerships ACHR has signed lately. In June 2025, Archer Aviation signed a strategic partnership with Jetex to develop infrastructure at the latter's network of private terminals for facilitating Midnight jet's upcoming commercial air taxi operations. The partnership will initially concentrate on facilities in the United Arab Emirates, with plans to scale across Jetex's broader portfolio of 40 private terminals in more than 30 countries worldwide. Prior to this, ACHR joined U.S. and international regulators to launch a five-nation alliance aimed at streamlining global certification and deployment of its Midnight eVTOL aircraft. With flight testing already underway and certification efforts in progress, the Midnight jet remains well-positioned to take-off smoothly, further supported by the aforementioned strategic moves undertaken by ACHR. Rising Competition in the eVTOL Space With demand for faster, cleaner and more efficient urban transportation on the rise, the eVTOL industry is attracting growing interest from both investors and aviation leaders. Thus, Archer Aviation apart, other players like Joby Aviation Inc. JOBY and Embraer ERJ are also making notable progress in this industry. Joby Aviation is advancing rapidly with its air taxi program. It has completed more than 40,000 miles of test flights and is now operating six aircraft in its test fleet. It plans to launch commercial passenger services in cities like Los Angeles, New York and Dubai. On the other hand, Embraer's Eve Air Mobility is developing an eVTOL aircraft focused on regional transport. Eve has gained strong industry interest, supported by Embraer's experience in commercial aviation and existing relationships with global airlines. The company is also focused on building urban air traffic management systems to support the safe integration of eVTOLs into city airspace. ACHR's Price Performance, Valuation and Estimates Shares of ACHR have gained 173.2% in the past year compared with the industry 's 16.4% growth. The company's shares are trading at a discount on a relative basis, with its trailing 12-month Price/Book being 5.43X compared with its industry's average of 5.87X. The Zacks Consensus Estimate for ACHR's 2025 and 2026 loss has improved over the past 60 days. ACHR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Embraer-Empresa Brasileira de Aeronautica (ERJ): Free Stock Analysis Report Joby Aviation, Inc. (JOBY): Free Stock Analysis Report Archer Aviation Inc. (ACHR): Free Stock Analysis Report
