Archer Aviation is linking up with the FAA in an apparent victory for electric VTOL aircraft. This is in conjunction with an increase in commercial relationships and regulators in UK, Canada, Australia, and NZ to create a certification process for future eVTOLs.
Still unclear whether Archer is just riding "flying car" hype or if they might actually have a real product on the horizon.
https://finance.yahoo.com/news/archer-aviat...
Archer Aviation
ACHR
trading on NYSE
since 2021
$9.71
(Δ -0.97%)
-$0.10 since open
Archer Aviation is developing and manufacturing electric vertical takeoff and landing (eVTOL) aircraft, known as "air taxis," with the goal of revolutionizing urban transportation by offering quick, sustainable, and cost-effective aerial ride-sharing services in congested cities.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $9.86 | $9.93 | $9.55 | $5.41B | 17.85M |
| eps | p/e | p/s |
operating margin |
profit margin |
yield |
| -$0.17 | n/a | +Inf | -Inf% | -Inf% | 0% |
