ARCHER AVIATION

Archer Aviation's stock rose 24.6% in August after the company announced a deal to acquire Boeing's Wisk, SkyGrid, and Insitu units in exchange for newly issued shares that will give Boeing a 16.5% stake. Insitu is already profitable with about $200 million in annual sales, and the acquisitions are expected to add immediate revenue, improve margins and create synergies with Archer's eVTOL and autonomous aviation projects. Investors are weighing the strategic benefits and potential data and AI advantages against significant share dilution from the financing and ongoing stock volatility. Archer remains down about 24% year-to-date despite the recent rally. » More on finance.yahoo.com

Archer Aviation has begun the 'No Roads' flight tour in Northern California, conducting test flights to destinations such as Hollister, Monterey, San Martin, San Jose, Oakland and San Francisco. The program is planned to expand to Los Angeles as well as Texas and Florida and is being coordinated with the FAA. Its goals are to demonstrate low noise emissions, zero operational emissions and significantly reduced travel times compared with driving; the tour also supports operational preparations for the LA28 Games and the White House eVTOL Integration Pilot Program. As part of the tour and its ACES program, Archer plans to showcase charging stations with BETA Technologies and Macquarie Capital; the four-seat eVTOL 'Midnight' will be used. » More on de.investing.com

Archer Aviation and AEG have entered a multi-year partnership to develop a vertiport in the L.A. LIVE neighborhood in downtown Los Angeles, with Archer becoming the exclusive air taxi partner. The site will serve as a takeoff and landing location for Archer’s electric aircraft "Midnight" and will expand Archer’s already announced Los Angeles network alongside SoFi Stadium, USC and Hollywood Burbank. An initial feasibility study on land use, airspace, power supply and surrounding impacts has been completed; operating concept and passenger experience are currently under further review, and the project is linked to Archer’s role in the LA28 Games. » More on de.investing.com