The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Goldstein: Competitor weaponized the government by framing Archer engineer as a spy
“If, in America, I didn't think it was possible for a competitor to weaponize the government to come after you. And we saw that. It was unbelievable. It was you know, one of my engineers was set up to look like he was like a Chinese spy, and it was totally fake…”
Goldstein: Buttigieg refused meetings, but Sean Duffy meets with Archer monthly
“I literally could not get a meeting with Secretary Pete Buttigieg. I couldn't do it. He just wouldn't take the meeting. And so, I don't know if it just wasn't important to him or whatever his reasons were, but as soon as the new administration, the administrat…”
Goldstein: Boeing sued Archer immediately after its public listing announcement
“So when you have an industry that's so heavily consolidated, they don't want new entrants. And so Boeing sued us instantly.”
Goldstein: Scaled air taxi networks will take 10 to 20 years
“So air taxi will happen over time. It's not gonna happen year one. It's probably not gonna happen year five, but it will happen by year 10, and it will certainly be scaled by year 20.”
Archer reached piloted flight milestones in half the time of competitors
“And don't forget, we've done this in half the time as our competitors have done this. And so we have moved at incredible speeds. And when you look at it, when you kind of zoom in, it looks like we're at the same space, maybe we're ahead. But if you like zoom o…”
Archer is the only major eVTOL manufacturer selling directly to airlines
“We're kind of the only game in town. Our competitor really wants to operate. And so if you want to buy aircraft, we're kind of the only game in town to really do that from.”
Goldstein: Commercial eVTOL launches will begin internationally before the US
“I think it's, to me, super clear this does not start in the U.S. I really think it starts internationally.”
Goldstein: Archer eVTOLs are safer, quieter, and cheaper than helicopters
“It's safer than helicopters. They're super quiet. They cost less.”
Goldstein: Former Transportation Secretary Pete Buttigieg refused meetings with Archer Aviation
“I could not get a meeting with the former Secretary of Transportation.”
Goldstein: eVTOL aircraft will begin flying in US cities next year
“And so we came up with this concept around what they called the EIPP or eVTOL integration pilot program. And that was to allow these aircrafts to start flying in the cities in the U.S. As soon as next year. And so what they're going to do is they're actually g…”
Goldstein: eVTOL is the first new FAA aircraft category in 60 years
“So you have a new platform that's really, it's like day one of that, first new category at the FAA in 60 years, and it's an opportunity to build a whole next generation of aviation.”
Goldstein: Jim Cramer's constant attacks on Archer only increase public attention
“Like, Kramer has always hated us and just gashes us at every chance he can get. And in a way, it just brings more, almost like, attention to it.”
Goldstein: eVTOL is FAA's first new category in 60 years
“This is the first new category that's been created by the FAA in 60 years.”
Goldstein: Aviation manufacturing has not scaled since World War II
“We haven't really scaled aviation since World War II, and so it's going to be challenging to do that, but I think that's really the nut to crack that could determine the size of this”
Goldstein: Archer's Georgia manufacturing facility will open later in 2024
“Our high-volume manufacturing facility in Georgia will open up later this year”
Tripling optimistic eVTOL projections would not match current helicopter volume
“So if you took all three of us, you took our most bullish estimates that we have and you triple them, we still would not even replace helicopters.”
Archer Aviation will launch international passenger flights in 2025
“I think pretty clearly there's a route to do this internationally next year. And so I think we'll launch with passengers next year.”
Goldstein: A Trump executive order is fast-tracking the eVTOL regulatory framework
“President Trump issued an executive order that was fast tracking the program through the regulators and really starting to create a platform for us to launch.”
Archer Aviation spent around $170M on Hawthorne Airport acquisition
“It's around one hundred and seventy million dollars for everything, including the FBO and all the real estate around it.”
Goldstein: Early eVTOL launch locations will likely include Texas and Florida
“I think it's probably going to be a lot of red states you'll see. So my guess is you'll see something in Texas. You'll probably see something in Florida. Maybe you'll see something in New York.”
Goldstein: Municipalities will loosen helipad rules for safer eVTOLs
“That being said, this is a safer platform than what already exists, helicopters, so I think there'll be a lot of loosening of that because it's just increasing safety to something they already do.”
Goldstein: eVTOL fleets will scale to hundreds of aircraft in 5-10 years
“So you can start with maybe tens of aircrafts and then, you know, maybe over five, 10 years, you scale it up to hundreds of aircrafts.”
Goldstein: Archer Aviation has raised around $4 billion
“So we've raised around four billion dollars.”
Adam Goldstein expects to fly in Archer's eVTOL aircraft in 2026
“Later this year, that'd be my guess.”
Goldstein: LLMs will first bridge pilot-to-machine communications in aviation autonomy
“With the advancements of LLMs, it actually allows this interesting period of time where you can now communicate with a machine in a way you couldn't really before, and so there's this probably middle ground that happens where there's pilots talking to machines…”
Goldstein: China mandates commercial ships be built for military transport
“Yeah, so in China they have Made it mandatory that ships of a certain size have to be strong enough and fortified enough to be able to carry military assets as well as civilian assets.”
Goldstein: Retail investors frequently push Archer into NYSE top 10 volume
“But if you look at a volume traded throughout our stock, we will often be a top 10 most heavily traded stock on the New York Stock Exchange. That will happen all the time. That is because of the retail.”
Trump issued an eVTOL executive order and Duffy announced Five Eyes deal
“You've seen that President Trump you know signed the executive order which had you know, big emphasis on on the eVTOL industry. Secretary of Transportation Sean Duffy you know, announced the Five Eye Agreement at the Paris Air Show a couple weeks ago”
Usher personally requested Archer's aircraft for his Super Bowl promo
“People are like, oh, Archer bought an ad in the Super Bowl. That's not true. We did not. In fact, we did not pay money towards that. Usher wanted that in in the Super Bowl.”
Today's manual air traffic control cannot support scaled urban air mobility
“You couldn't do that today, even if we could put, deploy all the vehicles, because the way the air traffic control system is built is it's extremely manual. And that's created this sort of endless cycle of you know, manual you know, instructions to pilots, man…”
Goldstein: Stellantis has invested nearly $300M in Archer Aviation
“Stellantis, the owner of Jeep, Ram, and Maserati, has invested nearly three hundred million dollars to date.”
United Airlines ordered up to $1.5B of Archer Midnight aircraft
“United Airlines has ordered up to one and a half billion dollars of midnight aircraft”
Adam Goldstein: eVTOL aircraft are mechanically simpler and safer than helicopters
“A helicopter is actually way more complex than what we're building. We're actually building a much more simplified version. Of what exists. It's safer. It's fully redundant.”
Goldstein: China has already certified two eVTOL companies
“There's two groups that are already certified there.”
Former FAA chief joined Archer; current chief came from an eVTOL startup
“Former FAA administrator Billy Nolan stepped down from his role, joined Archer. The new one, Mike Whitaker, came from an eVTOL company.”
Goldstein: Archer's aircraft uses 24 redundant motors for 12 rotors
“Yeah, there's actually redundant motors. There's actually 24, but we, for simplicity, call it 12.”
Goldstein: Archer's eVTOL aircraft can glide up to 10 miles
“We have a big fifty-foot wing, you can glide, the glide ratio is huge, you can get up to max 10 miles of glide, so you can do a lot of things here.”
Goldstein: The World Economic Forum in Davos discourages talk of defense
“There is another element where, you know, Davos is sort of a non-defense oriented. They don't like you to talk about defense here.”
Goldstein: Archer Aviation is a 2028 Los Angeles Olympics sponsor
“Archer is the twenty-twenty-eight Los Angeles Summer Olympic sponsor.”
FAA created Innovate28 to showcase scaled eVTOL flights at the 2028 Olympics
“So back in twenty-twenty-two, the FAA actually came out there and coined the term Innovate-twenty-eight, which was, we want the L.A. 28 Olympic Games to be the first time people see at scale one city show a lot of these aircraft. So think not just five or 10, …”
Goldstein: New York City is the largest US helicopter market
“It's already the biggest helicopter market in the US.”
Goldstein: Archer had only 50 employees when it announced going public
“So when we announced we were going public, we were actually 50 people.”
Goldstein: Archer filed a 'Giraffa' trademark for its retail investor apes
“As a sort of a shout out back to the Archer Apes we did file a trademark under we called it a Giraffa and the people went nuts online because it was as if we're gonna name a plane Giraffa.”
Globally, there are only four primary regulatory agencies that certify new aircraft
“So if you want to certify a plane, there's not very many places to go. There's generally four places to go. You can go to the U.S. Through the FAA, you can go to Europe through YASA, you can go through ANAC in Brazil, And then you can go to Transport Canada.”