Atlas Crest priced its $500 million initial public offering on October 27, 2020.
Archer’s mission is to advance the benefits of sustainable air mobility. With headquarters in Palo Alto, California, Archer is creating the world’s first electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. As the world’s only vertically integrated airline company, Archer is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for 60 miles at speeds of up to 150 mph while producing minimal noise.
Archer's world-class team is focused on vertically integrating key enabling technologies including aircraft design, electric powertrain, and flight control software to revolutionize air travel.
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