Neighbors outraged as LA airport becomes ground zero for AI-driven flying taxis [FOX News]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: FOX News
Archer Aviation, a leading developer of electric vertical takeoff and landing (eVTOL) aircraft, just made one of its boldest moves yet. The company agreed to acquire Hawthorne Airport for $126 million in cash. According to Archer's latest shareholder letter, the deal includes the remaining 30 years on the airport's master lease and an exclusive option to take a controlling stake in the on-site fixed-base operator, subject to city approval. This historic 80-acre site includes about 190,000 square feet of terminals, office space and hangars. Its location near LAX and major Los Angeles destinations makes it a prime spot for an air taxi network that aims to change how people move in crowded cities. Get my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join my newsletter. Archer Aviation plans to use the airport as the main operational hub for its LA air
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ACHR
News
- As more and more US cities get robotaxis, a Florida billionaire is driving plans to bring Archer's flying taxis to Miami [Business Insider]Business Insider
- Flying taxis could soon take off in Miami [CBS News]CBS News
- Archer Reveals Plans for Miami Air Taxi Network Featuring Partnerships With Related Ross and Magic City Innovation District [Yahoo! Finance]Yahoo! Finance
- Archer Aviation (NYSE:ACHR) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "hold" rating.MarketBeat
- Airbus Cuts 2025 Delivery Target [Seeking Alpha]Seeking Alpha
ACHR
Earnings
- 11/6/25 - Beat
ACHR
Sec Filings
- 12/2/25 - Form 8-K
- 11/26/25 - Form 8-K
- 11/26/25 - Form 424B5
- ACHR's page on the SEC website