Lilium to begin studying US air-taxi assembly sites this year [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
the U.S. later this year with a goal of having a plant up and running by early 2029 to get a foothold in the one of the world's largest markets, its CEO said. Lilium plans to finalise the site next year and expects to invest "250 million to 300 million plus" euros ($271-$325 million) in the final assembly line and improving production, Klaus Roewe told Reuters. But the company "needs financial support for sure" to get the assembly line up and running, added Roewe, a former Airbus veteran. As of the end of March, Lilium had 102 million euros of liquidity, but that was before it raised $114 million in capital that is needed to achieve its first manned flight. Lilium is also in talks to raise money via loans with the help of German and French governments, with the latter tied to Lilium developing and expanding its industrial footprint in France. Lilium is one of the many entrants in the electric vertical take-off and landing (eVTOL) aircraft market that has attracted the attent
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ACHR
News
- Why Archer Aviation Stock Was Grounded in August [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Inc. (NYSE: ACHR) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $10.00 price target on the stock.MarketBeat
- Archer Aviation says it is ahead of schedule for test flights [Seeking Alpha]Seeking Alpha
- Archer Surpasses 400 Test Flights This Year, Achieving Company Milestone Four Months Ahead Of ScheduleBusiness Wire
- Archer Aviation Inc. (NYSE: ACHR) is now covered by analysts at HC Wainwright. They set a "buy" rating and a $12.50 price target on the stock.MarketBeat
ACHR
Sec Filings
- 8/29/24 - Form EFFECT
- 8/28/24 - Form 424B3
- 8/19/24 - Form 4
- ACHR's page on the SEC website