Archer Aviation vs. Joby Aviation: The eVTOL Winner Might Surprise You

Archer Aviation (NYSE: ACHR) and Joby Aviation (NYSE: JOBY) are both early movers in the nascent electric vertical takeoff and landing (eVTOL) aircraft market. Both companies went public by merging with special purpose acquisition companies (SPAC), set some bold growth forecasts, but missed those estimates by a mile.Archer, which initially aimed to generate $42 million in revenue in 2024, hasn't generated any revenue yet. Joby, which claimed it could generate $131 million in revenue in 2024, generated a mere $136,000 in revenue from its U.S. Air Force (USAF) contract for the full year.Image source: Archer Aviation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool