Archer Aviation gets another big order for its futuristic air taxis [Verge, The]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Verge, The
Share this story Archer Aviation, a leading electric flight company based in San Jose, California, is bringing its futuristic air taxis to Japan. The company will sell 100 of its Midnight battery-powered aircraft to Soracle, a joint venture between Japan Airlines and Sumitomo Corporation, in a deal valued approximately at $500 million. Archer says that Soracle plans on deploying its aircraft — which look like a cross between a drone and a helicopter — “in cities where existing ground transportation is constrained by traffic or geographic barriers,” the company said. Still, Archer will need to achieve “certain milestones in advanced aircraft delivery” before Soracle approves pre-delivery payments. “in cities where existing ground transportation is constrained by traffic or geographic barriers” The deal is the latest to buoy Archer's prospects of launching commercial air taxi services in cities across the world, which is says it plans on doing in the years to come. Midnight is
Show less
Read more
Impact Snapshot
Event Time:
ACHR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACHR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACHR alerts
High impacting Archer Aviation Inc. Class A news events
Weekly update
A roundup of the hottest topics
ACHR
News
- Archer Announces Third Quarter 2024 Results, Demonstrating Manufacturing, Certification and Commercial Launch Momentum [Yahoo! Finance]Yahoo! Finance
- Why Archer Aviation Stock Is Soaring Today [Yahoo! Finance]Yahoo! Finance
- Archer Announces Third Quarter 2024 Results, Demonstrating Manufacturing, Certification and Commercial Launch MomentumBusiness Wire
- JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis [Yahoo! Finance]Yahoo! Finance
- Japan Airlines’ and Sumitomo Corporation’s Joint Venture Company, Soracle, Announces Agreement Including Intended Purchase Of Up To $500M of Electric Aircraft From ArcherBusiness Wire
ACHR
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/4/24 - Form PRE
- ACHR's page on the SEC website