Archer Aviation Inc. WT
ACHR-WT
New York Stock Exchange0.05
USD
+0.00
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Archer Aviation Inc. WT
ACHR-WT
(New York Stock Exchange)
Recent
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0.05
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div
yld
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ROIC.AI
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- Archer Aviation Inc. WT (NYSE: ACHR-WT) represents warrants exercisable for shares of Archer Aviation Inc., an aerospace company that designs, develops, and plans to manufacture and operate electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility (UAM) and defense applications; its core offerings include the Midnight eVTOL aircraft, a pilot-plus-four-passenger model capable of up to 60-mile ranges at 150 mph using electric propulsion, Archer Direct aerial ride-sharing services via app-based vertiport networks, and maintenance, repair, and overhaul services, alongside a next-generation dual-use VTOL platform featuring hybrid propulsion, autonomy, and advanced tiltrotor technology for military and commercial missions. Founded in 2018 and headquartered in San Jose, California, the company targets urban commuters, businesses, airlines, and defense customers across the United States, United Arab Emirates, and planned networks in cities like Miami, connecting areas such as West Palm Beach, Boca Raton, and Fort Lauderdale. Archer operates in the commercial UAM and defense sectors, with manufacturing supported through partnerships including Stellantis for high-volume production. Recent developments include a December 2024 equity offering raising $430 million from investors like United Airlines, Stellantis, Wellington Management, and 2PointZero to fund hybrid aircraft initiatives; a partnership with Anduril Industries for hybrid VTOL defense aircraft; strategic acquisitions from Overair and Lilium to bolster defense capabilities; and an exclusive December 2025 collaboration with Karem Aircraft for U.S. Army-validated tiltrotor technology in autonomous dual-use platforms, plus agreements to supply powertrains to Anduril and EDGE Group.