Archer Aviation Inc - Class A

Announcement: ACHR 8-K Special Filing

Part 1: Performance Analysis of Archer Aviation Inc.

Archer Aviation Inc. is a company that is designing, developing, and manufacturing eVTOL aircraft for use in UAM networks. As of now, the company has not generated any revenue from its planned lines of business, which are Archer UAM and Archer Direct. The company's primary focus is on Archer UAM, where it aims to operate its own UAM ecosystem initially in select major U.S. cities using eVTOL aircraft. The company's secondary focus is on Archer Direct, where it plans to selectively sell a certain amount of its eVTOL aircraft to third parties. The company is working to optimize its eVTOL aircraft design for both manufacturing and certification. It has built a team with a mix of talent with eVTOL, traditional commercial aerospace, and electric propulsion backgrounds.

The company has designed and developed a production eVTOL aircraft, Midnight, which is optimized for back-to-back short distance trips of around 20-miles, with a charging time of approximately 10 minutes between trips. Midnight is designed to carry 4 passengers plus a pilot up to 100 miles at speeds up to 150 miles per hour, and is expected to enter into commercial service in 2025 after receiving FAA certification in late 2024. The aircraft is designed to be safe, sustainable, and quiet, with high redundancy and simplified propulsion systems that make it safer compared to a helicopter. Also, its noise pollution is expected to be 100 times quieter than that of a helicopter.

Part 2: Forward-Looking Analysis and Factors

Archer Aviation Inc. is strategically placed to leverage the growing demand for sustainable and safe transportation. The company's eVTOL aircraft are well-positioned to disrupt traditional transportation modes and provide viable alternatives to ground-based ride-sharing services. The UAM market is projected to reach $61.3 billion by 2025 growing at a CAGR of 27.4% from 2019 to 2025 (Zion Market Research Report). The expected growth is attributed to rising demand for efficient transportation options, government initiatives to support smart city development, and technological advancements in the aviation industry.

The company's competitive position against other eVTOL manufacturers and ride-sharing services is still relatively unknown as it is still in development. However, the company has received funding from United Airlines as well as a partnership with Fiat Chrysler Automobiles, which could aid its competitive position.

In a quote from the CEO, Brett Adcock, "The interest in our final aircraft design and technical innovation to reinvent urban air mobility has been nothing short of overwhelming from commercial airlines and city government offices to future riders and potential investors. We are now laser-focused on not only delivering state-of-the-art operational performance but also on leading the industry in accessibility and sales. We look forward to bringing quiet, sustainable air travel to customers in the US and around the world."

The company's success is dependent on its ability to scale production and obtain regulatory approvals. Any delays in obtaining regulatory approvals or scaling production could have a material adverse effect on the company's financial performance. Also, competition in the eVTOL market and technological advancements could impact the demand and pricing for the company's products. Overall, the outlook for the UAM market is promising, and Archer Aviation Inc. is expected to be a key player in this emerging market.

XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT

XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT

XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT

XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT

Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]

Archer Aviation's Path to Disrupt UAM Market.

Analyst Summary:

Archer Aviation Inc, a company focused on developing electric vertical takeoff and landing aircraft (eVTOL) for urban air mobility, announced its Q4 and FY 2022 shareholder letter. The company is making significant progress in technology, certification, manufacturing, and commercial operations, including nearing completion of First Build of Midnight Aerostuctures. Also, the company significantly expanded its partnership with Stellantis to manufacture Midnight, which will contribute advanced manufacturing technology and expertise, experienced personnel, and capital. The company aims to begin flight testing in mid-2023. The CEO, Carlos Tavares, stated, "We've been working closely with Archer for the past two years, and I am continually impressed by their ingenuity and unwavering commitment to deliver." Moreover, Archer announced that Stellantis will provide the company with strategic funding of up to $150M to fuel its growth, in the form of equity capital that can be drawn by the company at its discretion in 2023 and 2024, subject to its achievement of certain business milestones which are expected to occur in 2023. The company continues to focus on achieving the most efficient path to commercialization for eVTOL aircraft with a strategy centered around a business case-led technology strategy, aircraft certification, and mass manufacturing. Archer intends to optimize for UAM 20-mile back-to-back trips with a low noise design. The company is building a manufacturing facility in Covington, GA, capable of producing up to 650 aircraft per year, to support production of up to 2,300 aircraft per year.

Form 8-K - Current report - Item 2.02 Item 9.01

$ACHR reports progress in eVTOL manufacturing and strategic funding partnership with Stellantis.

Form 8-K - Current report - Item 8.01 Item 9.01

Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]

Announcement: ACHR 8-K Special Filing

Announcement: ACHR 8-K Special Filing

Archer Aviation's Path to Disrupt UAM Market.

Archer Aviation's Path to Disrupt UAM Market.

$ACHR reports progress in eVTOL manufacturing and strategic funding partnership with Stellantis.

$ACHR reports progress in eVTOL manufacturing and strategic funding partnership with Stellantis.

Announcement: ACHR 8-K Special Filing

Announcement: ACHR 8-K Special Filing

Announcement: ACHR 8-K Special Filing

Announcement: ACHR 8-K Special Filing

Announcement: ACHR SC 13G/A Statement of acquisition of beneficial ownership by individuals - amendment

Announcement: ACHR SC 13G/A Statement of acquisition of beneficial ownership by individuals - amendment