Atlas Crest Investment Corp (ACIC) Quote

Possible the bulls/Stellantis buy out the insiders here? ...

https://www.axios.com/2023/01/05/stellantis-archer-aviation-flying-taxis

..what's up ?

News travels slowly, feel all alone here.. ACHR$..

Only profitable car company gonna buy out ACHR$ imo...

The goal is for Stellantis to mass produce Archer's eVTOL aircraft as its exclusive contract manufacturer
Stellantis will provide up to $150 million of equity capital for potential draw by Archer at its discretion in 2023 and 2024
Stellantis intends to increase its strategic shareholding in Archer through future purchases of Archer stock in the open market

ACHR$...

Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth
11:34 am ET January 4, 2023 (Globe Newswire)
GlobeNewswireJanuary 04, 2023

Stellantis and Archer join forces to manufacture Archer's Midnight eVTOL aircraft
Stellantis will contribute advanced manufacturing technology and expertise, experienced personnel and capital to enable the aircraft manufacturing
Stellantis' contribution will allow Archer to strengthen its path to commercialization by helping it avoid hundreds of millions of dollars of spending
The goal is for Stellantis to mass produce Archer's eVTOL aircraft as its exclusive contract manufacturer
Stellantis will provide up to $150 million of equity capital for potential draw by Archer at its discretion in 2023 and 2024
Stellantis intends to increase its strategic shareholding in Archer through future purchases of Archer stock in the open market
AMSTERDAM ANDSANTA CLARA, CALIFORNIA, January 4, 2023 - Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) and Archer Aviation Inc. (NYSE: ACHR) today announced that they have agreed to significantly expand their partnership by joining forces to manufacture Archer's flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight.

Stellantis will work with Archer to stand up Archer's recently announced manufacturing facility in Covington, Georgia at which the companies plan to begin manufacturing the Midnight aircraft in 2024. Midnight is designed to be safe, sustainable, quiet and, with its expected payload of over 1,000 pounds, can carry four passengers plus a pilot. With a range of 100 miles, Midnight is optimized for back-to-back short distance trips of around 20 miles, with a charging time of approximately 10 minutes in-between.

This unique partnership in the urban air mobility industry will leverage each company's respective strengths and competencies to bring the Midnight aircraft to market. Archer brings its world-class team of eVTOL, electric powertrain and certification experts while Stellantis will contribute advanced manufacturing technology and expertise, experienced personnel and capital to the partnership. This combination is intended to enable the rapid scaling of aircraft production to meet Archer's commercialization plans, while allowing Archer to strengthen its path to commercialization by helping it avoid hundreds of millions of dollars of spending during the manufacturing ramp up phase. The goal is for Stellantis to mass produce Archer's eVTOL aircraft as its exclusive contract manufacturer.

As a further sign of its commitment, Stellantis will provide up to $150 million in equity capital for potential draw by Archer at its discretion in 2023 and 2024, subject to achievement of certain business milestones which Archer expects to occur in 2023. Stellantis also intends to increase its strategic shareholding through future purchases of Archer stock in the open market. These actions, along with the other elements of this expanded partnership, will enable Stellantis to become a long-term, cornerstone investor in Archer.

"We've been working closely with Archer for the past two years, and I am continually impressed

by their ingenuity and unwavering commitment to deliver," said Carlos Tavares, Stellantis CEO.

"Deepening our partnership with Archer as a strategic investor with plans for growing our shareholding demonstrates how Stellantis is pushing the boundaries to provide sustainable freedom of mobility, from the road to the sky. Supporting Archer with our manufacturing expertise is another example of how Stellantis will lead the way the world moves."

"Stellantis' continued recognition of Archer's progress toward commercialization, and today's commitment of significant resources to build the Midnight aircraft with us, places Archer in a strong position to be first to market," said Adam Goldstein, founder and CEO of Archer. "Our two companies are taking these important steps together to realize a once-in-a-generation opportunity to redefine urban transportation."

Stellantis has been a strategic partner to Archer since 2020 through various collaboration initiatives, and as an investor since 2021. During this time, Archer has leveraged Stellantis' deep manufacturing, supply chain, and design expertise in connection with Archer's efforts to design, develop, and commercialize its eVTOL aircraft.

# # #

About Stellantis

Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today's customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS Automobiles, Fiat, Jeep(R), Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves - aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com.

About Archer

Archer is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. Archer's mission is to unlock the skies, freeing everyone to reimagine how they move and spend time. Archer's team is based in Santa Clara, CA. To learn more, visit www.archer.com.

Stellantis Media Contacts

Fernão SILVEIRA +31 6 43 25 43 41 - fernao.silveira@stellantis.com

Shawn MORGAN +1 248 760 2621 - shawn.morgan@stellantis.com

Archer Media Contacts:

Louise Bristow +1 818 398 8091 - lbristow@archer.com

..Traded it, going up, sticking w/it.. going long ACHR+$...

Another 52 week low

And another low lmfao...I want .50s

Another low lol

Yuppers

..see that on another ticker too, worrisome I'll look more closely thanks...

read filings they love rewarding themselves with warrants

Impatient here lol..economy not as bad as people say...

52 week lows ...prs dont mean anything...time to pull up tradingview.com

not yet fell below support

ACHR+$..today's the day load beat down sm caps imo...

Archer Aviation to Unveil Their First eVTOL Aircraft - "Midnight"

https://aviationsourcenews.com/news/archer-aviation-to-unveil-their-first-evtol-aircraft-midnight/


$ACHR

2.61 line in the sand ...Let's see if support holds

Archer Aviation Applauded by Frost & Sullivan for Enabling Easier Intercity Travel with Its Urban Air Mobility Solutions

Cision PR Newswire

$ACHR

Fell below 2.61 it's going below 2.00 if this doesn't recover to support soon

Wanting warrants to amplify any run-up, ACHR+$$ gl...

Yup looks good for a mini run...Toldja 2s

$2.71..bounce off oversold.. MA's at $3.50-$4 bucks.. ACHR+$...

From technical analysis....Funded don't mean anything... 2.61 is the floor if you use the fibonanci retracement oscillator you can see the next pivot points...So far 2.61 might become a bottom.....

I understand the technicals but what I don’t understand is how you came up with under $1.00 lol

Technical analysis.....Fell below the 50ma 100ma 200ma...
2.61 breaks its done...Technicals are key....Its already ready flirted with 2.61...Its oversold so if it rebounds or continues to fall

No chance. The company has $657.70M cash on hand and $26.60M debt, giving a net cash position of $631.10M or $2.61 per share. How do you figure below $1?

If the triple bottom doesn't hold this goes below 1.00$

2s hit today....I'll continue to wait the real shiiiid show begins in fall with winter...All those Euro trash shiiid hole countries that have no energy independence will crumble....Higher inflation coming

Lower lows I'll buy under 2?..(you mean $3?).. join us! I feel good about it, added .62 cents warrants, risk/reward. Imagine they go to several dollars?

ACHR$...

2s almost here

Romanowski joins Archer after more than 14 years at the Federal Aviation Administration (FAA), where he served most recently as Aircraft Certification Director of Policy and Innovation, and as the Director of NextGen Integration & Implementation and Commercial Space Integration. In addition, Romanowski served as the Aviation and Aeronautics Advisor to the Chief Technology Officer of the United States and as the Executive Director of the National Science and Technology Council Aeronautics Science and Technology Subcommittee under the Obama administration. Prior to the FAA Romanowski served as Vice President of Civil Aviation at the Aerospace Industries Association. Romanowski earned his Ph.D. in Mechanical Engineering at Duke University.

Following the recent close of the Preliminary Design Review (PDR) of its production aircraft, Midnight, Archer is continuing its path towards commercialization by focusing on the regulatory framework necessary to bring eVTOL aircraft to market. Romanowski’s appointment is key to continued collaboration with industry and regulatory organizations developing consensus positions on the technology’s implementation.

https://ih.advfn.com/stock-market/NYSE/archer-aviation-ACHR/stock-news/88907865/new-head-of-government-relations-will-accelerate-a


ACHR$, glta

No 2s may wait in this market...Cash is being reshuffled right now because of the fed...

..you mean 3?, maybe?, playing warrants here.. ACHR+, gl...

Lower lows I'll buy under 2?

I have my toes dipped in each pond.

Romanowski joins Archer after more than 14 years at the Federal Aviation Administration (FAA), where he served most recently as Aircraft Certification Director of Policy and Innovation, and as the Director of NextGen Integration & Implementation and Commercial Space Integration. In addition, Romanowski served as the Aviation and Aeronautics Advisor to the Chief Technology Officer of the United States and as the Executive Director of the National Science and Technology Council Aeronautics Science and Technology Subcommittee under the Obama administration. Prior to the FAA Romanowski served as Vice President of Civil Aviation at the Aerospace Industries Association. Romanowski earned his Ph.D. in Mechanical Engineering at Duke University.

Wind at their back imo.. ACHR$..

ACHR$ pick of the litter atm imo....

close one, I'm at .79..wish me luck. ACHR+ $$$...

Thank's great answer gl.. ACHR$..

Need volume then I load looks like wave5 on the ELLIOTT WAVE but no volume for confirmation

Not buying until I see 1 2 3 4 5 ELLIOTT WAVEs....

..curious, just watching, or have buy order for chart bottom?

Lv2 still bid stacking

Loading zone now, no?..added .68 fill Friday.. ACHR+$...

Yea good entry but for me priced way to high I'll wait till the chart looks better

Hi!, .9 and .79 here, chance for several dollars. Behind every upward trending chart is a good story. Electric helicopter taxis; almost believable ..

ACHR$, gl