Keep pulling the thread on Adam Goldstein.
Archer Aviation was selected as the exclusive air taxi provider for the LA 28 Summer Olympics.
The U.S. government established the eVTOL Integration Pilot Program (EIPP) to allow electric aircraft to begin flying in select U.S. cities as soon as next year.
Archer Aviation has raised over $4 billion in funding.
Adam Goldstein believes Archer's business model must focus on selling aircraft, rather than operating a service, to be profitable and survive long-term.
Boeing filed a lawsuit against Archer Aviation immediately after Archer announced its plans to go public.
Archer Aviation's primary partner in the defense industry is Anduril.
The eVTOL Integration Pilot Program (EIPP) will initially select five U.S. cities for early flight operations.
Adam Goldstein predicts that competitors in the eVTOL industry will eventually abandon the operator model and begin selling aircraft to create a viable business.
Archer's Midnight aircraft is a fly-by-wire system where computers manage the flight controls, making it significantly easier to fly than a traditional helicopter.
Adam Goldstein believes the eVTOL industry represents the first new category in aviation certified by the FAA in 60 years.
Archer Aviation's stock is frequently among the top 10 most heavily traded on the New York Stock Exchange, driven by a large retail investor base.
Adam Goldstein predicts that a fully scaled air taxi market will not emerge in the next five years, but will be established within 10 years.