Archer Aviation: Steady Progress Towards Ascension

Nov. 15, 2022 1:42 AM ETArcher Aviation Inc. (ACHR), ACHR.WS4 Comments

Summary

  • Archer Aviation has distinguished itself by achieving several industry-first milestones, including a $1B conditional purchase agreement with United Airlines.
  • Additionally, it continues to execute on schedule as its vision, with the cash on hand to do so & access to further financing to continue to do so.
  • With less than $1B market cap at present, it is entering a space Morgan Stanley says will be worth $1.5-$3T by 2040.
  • A pending news release should draw further attention to the company and could drive appreciation immediately, although the real opportunity is a decade out.
  • While this is definitely an early-stage company, the picture here adds up well and I am bullish on its future prospects.

eVTOL ready to land on the roof tarmac

XH4D/E+ via Getty Images

Overview

Archer Aviation (NYSE:ACHR) is an aviation company specializing in Electric Vertical Takeoff and Landing aircraft, or 'eVTOL' in the industry's parlance. The electric part of EVTOL is self-explanatory, and Vertical Takeoff & Landing is exactly how it sounds - an aircraft that fits

SeekingAlpha.com ACHR 11.14.22

SeekingAlpha.com ACHR 11.14.22

SEC Atlas Investment Corp 8-K Q1 2021

SEC Atlas Investment Corp 8-K Q1 2021

SEC ACHR Investor Presentation Q1 2021

SEC ACHR Investor Presentation Q1 2021

SEC ACHR Investor Presentation Q1 2021

SEC ACHR Investor Presentation Q1 2021

SEC ACHR 8-K Q3 2022 11.14.22

SEC ACHR 8-K Q3 2022 11.14.22

SEC ACHR Investor Letter Q3 2022 11.14.22

SEC ACHR Investor Letter Q3 2022 11.14.22

SEC ACHR Investor Letter Q3 2022 11.14.22

SEC ACHR Investor Letter Q3 2022 11.14.22

This article was written by

Equity long/short, value and growth investing.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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