Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Free Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
August 31, 2021 8:01 PM 2 min read

EXCLUSIVE: Archer Aviation Highlights eVTOL Maker, Plan For Commercial Flights In Open House

by Chris Katje Benzinga Staff Writer
Follow

Archer Aviation, an electric vertical takeoff and landing company set to go public via SPAC merger, highlighted the company’s path forward at an Open House Tuesday.

What Happened: Archer CEOs Brett Adcock and Adam Goldstein highlighted the company’s Maker, a four-passenger eVTOL that will help the company revolutionize air travel.

“We’re seeing unprecedented traffic inside cities,” Adcock said. “Imagine traveling from Manhattan to JFK in 10 minutes.”

Archer could help make trips that take hours to take 10 minutes and offer less noise, an electric solution and a similar cost to regular flights.

The company sought to start from scratch and redefine the aircraft experience to build a full-scale eVTOL designed for FAA certification from the beginning.

The Maker can travel 60 miles at speeds of 150 miles per hour and travels 2,000 feet above ground level.

“Safety was the most crucial thing we designed for,” Goldstein said. “Travelers will have a great consumer experience and get there safe.”

Related Link: Urban Air Mobility Archer Lands SPAC Merger, $1B United Airlines Purchase Order: What Investors Should Know

Partners, Merger: Partners for Archer include Stellantis (NYSE:STLA), which provides access to a supply chain, and United Airlines Holdings (NYSE:UAL), an investor and strategic partner.

“At United, we’re committed to a 100% green commitment. That’s where our partnership with Archer is so exciting,” United Airlines CEO Scott Kirby said.

Kirby called the partnership a win for United customers as they can offer an opportunity to go places safer and faster at the same kind of cost aboard an eVTOL like the Archer Maker.

Archer gains a go-to-market plan, pilot training and access to city launches through its partnership with United.

Archer is going public with Atlas Crest Investment Corp (NYSE:ACIC), a SPAC from investor Ken Moelis.

“This transaction will give Atlas the capital it needs,” Goldstein said.

What’s Next: Shareholders of ACIC as of Aug. 5 can vote on the merger with Archer. A special meeting will be held Sept. 14 to announce the results of the shareholders’ vote.

ACIC shares closed Tuesday at $10.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
M&ANewsTravelSmall CapIPOsExclusivesGeneralairline stockseVTOLSPACSPACs
ACIC Logo
ACICAmerican Coastal Insurance Corp
$11.07-%
Overview
STLA Logo
STLAStellantis NV
$7.90-%
UAL Logo
UALUnited Airlines Holdings Inc
$109.820.48%
ACIC Logo
ACICAmerican Coastal Insurance Corp
$11.07-%
Overview
STLA Logo
STLAStellantis NV
$7.90-%
UAL Logo
UALUnited Airlines Holdings Inc
$109.820.48%
Comments
Loading...