Revolutionary Archer AV
Revolutionary Archer AV: A Closer Look at Archer Aviation Inc. Class A Common Stock
The History of Archer Aviation Inc.
Archer Aviation Inc. is an American aircraft manufacturer that specializes in creating electric vertical takeoff and landing (eVTOL) aircrafts for urban transportation. The company was founded by Brett Adcock and Adam Goldstein in 2018 and is based in Palo Alto, California. The company has gained attention for its innovative design of eVTOL aircrafts, which aim to revolutionize the way people travel in cities.
Archer Aviation Inc. has secured funding from major investors such as United Airlines, which has agreed to purchase up to 200 of the company’s eVTOL aircrafts when they become available. The company has also attracted attention from celebrity investors such as Mark Cuban and Dara Khosrowshahi.
Representative of Archer Aviation Inc.
Brett Adcock and Adam Goldstein are the co-founders of Archer Aviation Inc. Brett Adcock serves as the company’s CEO, while Adam Goldstein serves as the company’s chief technology officer. Both Adcock and Goldstein bring significant expertise in technology and engineering to the company, having previously worked at companies such as Google, Facebook, and SpaceX.
Archer Aviation Inc. recently appointed former SpaceX vice president of production, Steve Davis, as its new president. Davis brings significant industry experience to the company and is expected to help the company scale its production efforts.
https://www.linkedin.com/company/archer-aviation-inc/
The Vision of Archer Aviation Inc.
Archer Aviation Inc.’s vision is to create an affordable, efficient, and environmentally friendly form of urban transportation. The company’s eVTOL aircrafts are designed to be quiet and emission-free, making them ideal for use in densely populated urban areas.
The company’s partnership with United Airlines signals a potential future for air travel, where eVTOL aircrafts could be used to transport passengers between airports and city centers. Archer Aviation Inc. hopes to create a new industry standard for urban air mobility and pave the way for sustainable and convenient transportation.
https://techcrunch.com/2021/06/10/inside-archer-aviations-ambitious-evtol-play/
Corporate Information of Archer Aviation Inc.
Archer Aviation Inc. is a privately held company and is not currently traded on any public stock exchange. The company recently announced that it will merge with Atlas Crest Investment Corporation, a special purpose acquisition company (SPAC), in a deal that will value the company at $3.8 billion.
Upon completion of the merger, Archer Aviation Inc. will be listed on the New York Stock Exchange (NYSE) under the ticker symbol “ACHR”. The company will also receive funding from institutional investors, including investment firm, Ken Moelis, and the Singaporean sovereign wealth fund, GIC.
Frequently Asked Questions
What is Archer Aviation Inc.?
Archer Aviation Inc. is an American aircraft manufacturer that specializes in creating electric vertical takeoff and landing (eVTOL) aircrafts for urban transportation.
Who are the co-founders of Archer Aviation Inc.?
Brett Adcock and Adam Goldstein are the co-founders of Archer Aviation Inc.
What is the company’s vision?
Archer Aviation Inc.’s vision is to create an affordable, efficient, and environmentally friendly form of urban transportation.
Is Archer Aviation Inc. publicly traded?
Archer Aviation Inc. is not currently publicly traded, but it is set to go public through a merger with Atlas Crest Investment Corporation, a special purpose acquisition company (SPAC).
Conclusion
Archer Aviation Inc. is an innovative aircraft manufacturer that is looking to revolutionize the way people travel in cities. The company’s eVTOL aircrafts have attracted the attention of major investors and could potentially create a new industry standard for sustainable transportation. With its recent merger with Atlas Crest Investment Corporation, Archer Aviation Inc. is on its way to becoming a publicly traded company and is poised for significant growth in the coming years.
https://www.businesswire.com/news/home/20210610005914/en/