We are in an exciting period of innovation in the transportation industry as electric batteries improve and companies find new use cases for the technology. Archer Aviation (ACHR 0.72%) is particularly exciting because of its ambitious plan to pioneer electric vertical takeoff and landing vehicles (eVTOLs) in the U.S. and other countries.
When picking new stocks for your portfolio, your best bet is looking for companies that you can hold forever. It may take that long for an idea or a business premise to fully pay off!
Archer Aviation (ACHR 1.55%) is racing to commercialize flying taxis with its Midnight aircraft -- and its $1 billion cash buffer, global partnerships, and Olympic exclusivity deal could put it ahead of its rivals. But risks remain.
Wall Street sees Archer Aviation (ACHR 0.96%) as just another electric flying taxi company burning cash while chasing FAA certification. Yes, the risks are real -- certification delays, massive cash burn, fierce competition, and the challenge of scaling a new form of aviation.
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)---- $ACHR #Archer--Archer (NYSE: ACHR) today announced the successful completion of an initial flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi, marking a key milestone for its planned commercial deployment in the UAE and the expansion of its operations in the Middle East region. With the support of the Smart and Autono...
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