Archer Aviation

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Archer Clears Key U.S. Antitrust Hurdle for Boeing Subsidiary Acquisitions - $Archer Aviation(ACHR.US) $Boeing(BA.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝗿𝗰𝗵𝗲𝗿's HSR antitrust waiting period expired on September 18.

➤ Deal covers Boeing's 𝗪𝗶𝘀𝗸 𝗔𝗲𝗿𝗼, 𝗦𝗸𝘆𝗚𝗿𝗶𝗱, and 𝗜𝗻𝘀𝗶𝘁𝘂 subsidiaries.

➤ HSR expiration satisfies a 𝗸𝗲𝘆 𝗰𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻 for transaction closing.

➤ Additional 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹𝘀 remain underway before completion.

➤ Archer expects the transaction to close by 𝗲𝗻𝗱 𝗼𝗳 𝟮𝟬𝟮𝟲.

➤ Deal combines 𝗲𝗩𝗧𝗢𝗟, autonomous aircraft, UAS, and airspace intelligence technologies.

➤ Archer plans an end-to-end 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗔𝗜 platform for aerospace and defense.

➤ Combined platform will incorporate Archer's 𝗭𝗘𝗘 AI foundation model.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Removes a significant U.S. antitrust condition from the proposed acquisitions.

➤ Would substantially expand Archer's 𝗮𝘂𝘁𝗼𝗻𝗼𝗺𝗼𝘂𝘀 𝗮𝘃𝗶𝗮𝘁𝗶𝗼𝗻 technology portfolio.

➤ Adds capabilities spanning 𝗲𝗩𝗧𝗢𝗟, defense drones, autonomy, and airspace intelligence.

➤ Could broaden Archer's exposure to both 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 and 𝗱𝗲𝗳𝗲𝗻𝘀𝗲 aviation markets.

Decent day today but a lot of AI names gave up their gains when the $Workday(WDAY.US) news broke out possibly leading to L/S funds having to cover software shorts vs their semi longs.

Top gainers: $Sandisk(SNDK.US) $SPY $QQQ $Archer Aviation(ACHR.US) $Red Violet(RDVT.US) $CloudFlare(NET.US) $Backblaze(BLZE.US) $First Advantage(FA.US)

$Archer Aviation(ACHR.US) SMASHES SALES ESTIMATES 🔥

Q2 EPS: $(0.34) vs $(0.34) est

Sales: $5.000M vs $1.964M est

🟥 -1.36%

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Archer to Acquire Boeing's Wisk, SkyGrid, and Insitu to Build Physical AI Platform - $Archer Aviation(ACHR.US) $Boeing(BA.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝗿𝗰𝗵𝗲𝗿 will acquire 𝗕𝗼𝗲𝗶𝗻𝗴'𝘀 Wisk, SkyGrid, and Insitu subsidiaries.

➤ Transaction creates an end-to-end 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗔𝗜 platform for aerospace and defense.

➤ Deal adds a profitable defense business generating over $𝟮𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in annual revenue.

➤ Combined companies bring nearly 𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 cumulative flight hours.

➤ Technologies will strengthen Archer's 𝗭𝗘𝗘 AI foundation model.

➤ Boeing will take an equity stake and become a 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 to Archer.

➤ Companies will establish a long-term 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆-𝘀𝗵𝗮𝗿𝗶𝗻𝗴 collaboration.

➤ Insitu operates across 𝟯𝟱 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 and has delivered over 𝟯,𝟱𝟬𝟬 UAS.

➤ Transaction is expected to close by the end of 𝟮𝟬𝟮𝟲, subject to regulatory approvals.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Positions Archer as a leading 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗔𝗜 platform for commercial and defense aviation.

➤ Expands Archer beyond eVTOL into autonomy, AI software, and defense technologies.

➤ Gives Boeing continued exposure to next-generation autonomous aviation through its Archer stake.

➤ Accelerates AI-driven aviation innovation by combining proven autonomy, airspace management, and UAS technologies.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗔𝗱𝗮𝗺 𝗚𝗼𝗹𝗱𝘀𝘁𝗲𝗶𝗻, Founder and CEO of Archer:

"This is a watershed moment for Archer and the future of physical AI in aerospace and defense. This is the next big step forward in becoming a diversified platform, rapidly growing our revenue base and bringing scale to our business."

𝗕𝗿𝗶𝗮𝗻 𝗬𝘂𝘁𝗸𝗼, Boeing Vice President, Commercial Airplanes Product Development:

"This transaction is a win-win for Boeing and Archer. It allows Wisk, SkyGrid and Insitu to accelerate capability development and time to market while ensuring Boeing capitalizes on its investments in these technologies over the past two decades through continued development in our core businesses. Having worked with the incredible teams in these companies firsthand, it's clear this transaction will create an industry leader in the advanced aviation market. We look forward to collaborating with Archer to drive continued innovation in aerospace, defense and autonomy."

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Archer Aviation(ACHR.US) Archer Completes Piloted Midnight Air Taxi Roundtrip Ahead of eVTOL Launch

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝗿𝗰𝗵𝗲𝗿 completed a piloted 𝗠𝗶𝗱𝗻𝗶𝗴𝗵𝘁 roundtrip between Salinas and Monterey.

➤ Flight was completed in close coordination with the 𝗙𝗔𝗔.

➤ Each flight leg took approximately 𝟵 𝗺𝗶𝗻𝘂𝘁𝗲𝘀.

➤ The same journey typically takes over 𝟯𝟱 𝗺𝗶𝗻𝘂𝘁𝗲𝘀 by car.

➤ Milestone supports Archer's planned 𝗲𝗜𝗣𝗣 operations later in 𝟮𝟬𝟮𝟲.

➤ Archer is preparing air taxi operations in 𝗟𝗼𝘀 𝗔𝗻𝗴𝗲𝗹𝗲𝘀 for the 𝗟𝗔𝟮𝟴 Olympics.

➤ Company is also expanding preparations across 𝗧𝗲𝘅𝗮𝘀, 𝗙𝗹𝗼𝗿𝗶𝗱𝗮, and 𝗡𝗲𝘄 𝗬𝗼𝗿𝗸.

➤ Midnight is designed to replace 𝟲𝟬–𝟵𝟬 𝗺𝗶𝗻𝘂𝘁𝗲 car trips with electric flights.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Demonstrates real-world operational readiness ahead of commercial eVTOL launches.

➤ Advances FAA-backed deployment under the 𝗪𝗵𝗶𝘁𝗲 𝗛𝗼𝘂𝘀𝗲 𝗲𝗩𝗧𝗢𝗟 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗣𝗶𝗹𝗼𝘁 𝗣𝗿𝗼𝗴𝗿𝗮𝗺.

➤ Strengthens Archer's position before its high-profile 𝗟𝗔𝟮𝟴 Olympic partnership.

➤ Validates the time-saving potential of electric air taxis for urban mobility.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗔𝗱𝗮𝗺 𝗚𝗼𝗹𝗱𝘀𝘁𝗲𝗶𝗻, Founder and CEO of Archer:

“This roundtrip journey is exactly the kind of route we plan to fly with Midnight under the eIPP and in LA during the Olympic Games. This mission provides a template for us to replicate with our partners across Texas, Florida and New York as we get ready for eIPP operations later this year.”