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In a series of announcements in mid-June 2025, Archer Aviation NYSE: ACHR has fundamentally strengthened its strategic and financial position in the global electric vertical takeoff and landing (eVTOL) race. Over the course of just seven days, the company unveiled a massive capital infusion, a multi-national regulatory agreement, and a new international commercial partnership.
Archer Aviation is making substantial progress in the evolving electric vertical take-off and landing (eVTOL) sector, reflected in its stock's over 200% surge in the past year. This upward trend is fueled by rising demand for its Midnight air taxi and strategic advancements in its commercialization efforts.
With each passing day, the vision of flying taxis is becoming closer to reality, and Archer Aviation (ACHR -4.48%) is one company at the forefront of this revolutionary transportation technology. With plans to roll out its commercial service later this year, Archer could be on the brink of a big breakthrough that could transform urban transportation as we know it.
PARIS--(BUSINESS WIRE)---- $ACHR--Today Archer (NYSE: ACHR) joined leaders from the FAA and DOT, including Transportation Secretary Sean P. Duffy and acting FAA Administrator, Chris Rocheleau, to announce the formation of this five-country alliance to streamline the certification and deployment of eVTOL aircraft globally. This alliance includes the United States, United Kingdom, Australia, Canada and New Zealand. The goal of this effort is to streamline the certification and validation process for eVTOL.
Welcome to the Green Stock News brief for Monday June 16th. Here are today's top headlines: Toyota's (NYSE: TM) 2026 Prius Plug-in Hybrid lineup will include a new Nightshade Edition, adding a bold, stylish option to its lineup.
Archer Aviation (ACHR -14.79%), a builder of electric vertical take-off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Sep. 17, 2021. Its stock opened at $9.40 on its first day but sank to an all-time low of $1.63 on Dec. 27, 2022 as it missed its pre-merger estimates, and rising interest rates squeezed its valuations.
PARIS--(BUSINESS WIRE)---- $ACHR #Archer--Archer Aviation Inc. (NYSE: ACHR) announced today that it has signed an agreement with PT. IKN covering plans to deploy an initial fleet of Midnight aircraft in Indonesia, making it the third country in which Archer is planning to deploy Midnight under its “Launch Edition” program. PT. IKN is an Indonesian company dedicated to advancing national resilience through innovation in strategic industries, including advanced manufacturing, infrastructure and sustainable technol.
Archer Aviation Inc. (NYSE: ACHR) tanked nearly 15% on Friday after raising some $850 million through a registered direct offering. According to the electric vertical takeoff and landing (eVTOL) company, the said offering involved about 85 million of its shares, each of which was sold at a unit price of $10.
The stock had its second-worst day ever on heavy trading volume, as investors took issue with the way Archer raised money to build more eVTOL aircraft.
Archer Aviation (NYSE:ACHR) shares fell more than 13% after the electric air taxi developer announced plans to raise $850 million through the sale of 85 million shares priced at $10 each to institutional investors. This was below the company's closing share price on Thursday of $11.73.