Archer Aviation IncNYSE ACHR Stock Report

Archer Aviation, Inc. engages in the development of all-electric vertical take-off and landing aircraft. The company is headquartered in San Jose, California and currently employs 390 full-time employees. The company went IPO on 2020-10-28. The firm is focused on designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. Its product Maker, which is a full-scale electric aircraft, capable of traveling at speeds of up to 150 miles per hour (mph). At only 45 A-weighted decibels (dba), its aircraft are designed to be virtually inaudible while flying overhead. The company uses a lithium-ion-based system that provides the Meru battery to power the Maker. The company uses computational fluid dynamics to design and stimulate electric aircraft. The firm's aircraft offer multiple sensors and computers, including an air data system, radar and laser altimeters, quad-redundant flight computers, weight-on wheel (WOW) sensors, and downward-facing cameras. Prime Radiant is its data modeling technology, enabling it to determine optimal trip locations, cost, and customer experience.