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ACHR

ACHR a penny personal air transport startup LONGACHR is a speculative penny stock with big momentum this past week for a continuation trade. The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but improving on putting out the fire. No competition in its intended market. $5.00 strike calls for March monthly for $75 look good. Once upon a time, I had a fellow ER doc who commuted to work all the time by helicopter. Cost him some money but it added 10 hours a week onto his life. He tells me this will be huge in time when the costs and economy of scale kick in. He believe him 1000%. Buy, buy and then buy some more ( so long as you have your risk management figured out. ). Archer Aviation Inc. (NYSE: ACHR), an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in San Jose, California. Archer’s goal is to transform urban travel, replacing 60-90 minute commutes by car, with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise and cost competitive with ground transportation. With a range of up to 100 miles, Archer’s Midnight is a piloted, four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights. "Archer Aviation Inc. (NYSE: ACHR) Company Shareholder Snapshot" Shareholders can expect long term growth and appreciation that is expected from the enormous cash position, experienced management team, and dual revenue streams. The Company Raised $1 Bln. of Capital Went public in 2021 on NYSE Key Investors: United Airlines, Jeep, Peugeot, Fiat, Maserati, Jet.com, and Moelis group Key Company Highlights Industry leading engineering team COO and Chief Engineer have each previously built 7 eVTOL aircraft VP of Tesla 100 person powertrain team Targeting commencement of operations in 2025 "Archer Aviation Aircraft 2 Unique Revenue Streams for Explosive Growth" The company has two explosive revenue growth strategies that have the potential for long term shareholder growth year after year. Archer Air - Aerial Ride Sharing Archers core business Initially targeting 50% of revenue mix Grow 70% to 80% of revenue mix over long term Targeting 40%+ GM Archer Direct - Aircraft OEM Can provide meaningful upfront cashflows & revenue diversity Targeting 50% of revenue mix Transitioning to 30% over the long term Targeting 50%+ GM "Archer Aviation Aircraft Overview Electric Vertical Take-Off And Landing" Performance Range: Up to 100 miles, optimized for 20 to 50 mile rapid back-to-back trips with minimal charge time. Speed: Up to 150MPH Payload: Industry leading 1,000lbs, pilot + 4 passengers Advantages Safety: Will be certified at levels similar to todays commercial airliners Noise: 100X quieter than a helicopter Cost: Approximately 1/3 the cost to manufactured and to operate than a traditional helicopter "Urban Congestion Is Not Sustainable - Archer (ACHR) Solves Issue" In 2018, 55% of the world's population lived in urban areas according to the United Nations, a proportion that they project to increase to 68% by 2050 Traffic congestion cost the US economy nearly $87Bln. in 2018. Vast majority of trips in urban areas are less than 50 miles long, but take more than an hour. Major cities across the world have a similar dynamic, especially trips from airport to city center.
NYSE:ACHR
by AwesomeAvani
1
Archer Aviation ($ACHR) Clears Regulatory HurdleArcher Aviation Inc. (NYSE: NYSE:ACHR ) has achieved a milestone that underscores its commitment to safety and operational excellence. The company announced on February 8, 2024, that it has received its Part 145 certification from the Federal Aviation Administration (FAA), positioning itself as a frontrunner in the burgeoning electric vertical takeoff and landing (eVTOL) aircraft industry. FAA Certification The granting of Part 145 certification is a testament to Archer's unwavering dedication to meeting the highest standards of safety and compliance. This regulatory approval empowers the company to conduct specialized aircraft repair services, ensuring that its fleet maintains peak performance while adhering to stringent FAA regulations. Such certification is indispensable for commercial aviation operators like Archer, as it authorizes them to perform crucial maintenance tasks on aircraft components, including airframes, essential for ensuring the safety and reliability of their operations. Adam Goldstein's Confidence Adam Goldstein, Founder and CEO of Archer, expressed his confidence in the company's vision, stating, "This is a major vote of confidence from the FAA on Archer’s promise and potential for operating a full-scale urban air mobility service in cities across the country." Goldstein emphasized Archer's commitment to working closely with regulatory bodies worldwide to ensure the safety and readiness of its aircraft, heralding a new era of sustainable, low-noise, and cost-competitive urban air travel. Archer Aviation's Vision Archer's innovative approach to urban mobility aims to transform the way people commute, offering an alternative to the congested roadways and lengthy travel times associated with traditional transportation methods. With its piloted, four-passenger aircraft, the Midnight, Archer ( NYSE:ACHR ) envisions slashing commute times from 60-90 minutes to a mere 10-20 minutes, providing commuters with a swift and efficient mode of transportation. The significance of Archer's Part 145 certification extends beyond regulatory compliance; it underscores the company's commitment to fostering trust and reliability within the aviation industry. By adhering to rigorous safety and quality benchmarks, Archer ( NYSE:ACHR ) ensures that maintenance and repair services are performed by authorized experts, bolstering the safety and security of airline operations and passenger travel. Technical Outlook NYSE:ACHR is in a Bullish Flag Pattern indicating further Surge or breakout. We can see it consolidating at the $4.59 support and aiming towards a new Resistance level. Conclusion Archer's successful attainment of Part 145 certification marks a pivotal moment in the company's journey toward commercialization, setting the stage for the realization of its ambitious urban air mobility vision. As Archer ( NYSE:ACHR ) continues to collaborate with regulatory authorities and advance its technology, the prospect of widespread adoption of electric air taxis inches closer to reality, promising a future where urban travel is not only faster but also more sustainable and accessible than ever before.
NYSE:ACHRLong
by DEXWireNews