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ACHR| Name | Value |
|---|---|
| Revenues | 0.0M |
| Cost of Revenue | 1.8M |
| Gross Profit | -1.8M |
| Operating Expense | 44.4M |
| Operating I/L | -46.2M |
| Other Income/Expense | -5.3M |
| Interest Income | 5.1M |
| Pretax | -51.5M |
| Income Tax Expense | 0.1M |
| Net Income/Loss | -51.6M |
Archer Aviation Inc. is an urban air mobility company specializing in the design, development, manufacturing, and operation of electric vertical takeoff and landing aircraft for passenger transportation. The company generates revenue through the sale and operation of these aircraft, offering innovative solutions for urban transportation and air mobility. Leveraging electric propulsion technology, Archer Aviation aims to revolutionize the way people commute within cities, providing sustainable and efficient air transportation services.
