Aug. 17 at 5:07 AM
$ACHR $BETA $JOBY Fair that Joby leads on revenue today, ~
$38M last quarter vs Archer’s
$5M. That was Archer’s real weakness. But the Boeing deal specifically closes that gap.
Insitu alone adds
$200M+ annual, roughly
$50M+ per quarter, and it’s PROFITABLE, self funding per management. So post close, Archer’s quarterly revenue lands in the same ballpark as Joby’s.
The quality difference cuts Archer’s way though. Insitu is profitable defense revenue, unmanned aircraft in 35 countries. Joby’s revenue is ~94% Blade, helicopter charter that loses money inside a
$245M quarterly net loss. Profitable defense vs loss making charter.
