Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
Archer is coordinating with government partners across Abu Dhabi to develop the necessary vertiports and charging infrastructure Archer and ADIO (Abu Dhabi Investment Office) jointly define an ambitious set of operational launch plans and corresponding enablement support ABU DHABI, United Arab Emirates, April 25, 2024 BUSINESS WIRE )--Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, announced the signing of a framework agreement in Abu Dhabi today at the DRIFTx mobility event, held at the Yas Marina Circuit showcasing the latest in advanced urban mobility, driving discussions, collaboration, and innovation across the sector. This agreement covers multi-hundred-million dollar investments to accelerate Archer's planned commercial air taxi operations in the UAE, slated to launch as soon as next year, including in-country manufacturing, operations and training across the region. This comprehensive agreement positions Abu Dha
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ACHR
News
- Archer Aviation Inc. (NYSE: ACHR) had its price target lowered by analysts at JPMorgan Chase & Co. from $7.00 to $5.00. They now have an "overweight" rating on the stock.MarketBeat
- Archer Aviation Inc. (ACHR) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Flying taxis, autonomous cars, and seagliders soon to be a reality in Abu Dhabi, confirms inaugural DRIFTx [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Inc. (ACHR) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAEBusiness Wire
ACHR
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- ACHR's page on the SEC website