• Canaccord lifts ACHR price target from $12 to $13, calling the stock a Buy” with >80% upside based on Archer’s new powertrain strategy and defense applications. ^[6]
• Vestor Capital boosts its stake more than tenfold to ~278,666 shares, while analysts’ average price target sits around $12.40 with a Strong Buy consensus. ^[7]
• Saudi Arabia signs a sandbox eVTOL deal with Archer, PIF’s The Helicopter Company (THC) and Red Sea Global, using Midnight aircraft for test flights tied to the kingdom’s tourism vision. ^[8]
• UAE defense project Omen” picks Archer’s electric powertrain, marking Archer’s first third‑party powertrain sale and a new revenue stream beyond air‑taxi operations. ^[9]
• Abu Dhabi Autonomous Systems Week names Archer among partners in a newly unveiled network of advanced electric vertiports and air‑mobility projects. ^[10]
• Joby Aviation sues Archer in California state court, alleging corporate espionage” around a real‑estate deal; Archer calls it bad faith litigation” and denies any misuse of Joby data. ^[11]
• Short‑seller Hunterbrook Media publishes a critical report claiming Archer’s Midnight never flew at the Dubai Airshow despite months of promotion; Hunterbrook discloses it is short ACHR and long JOBY. ^[12]