Archer Aviation's FAA Certification Progress -- What Investors Need to Know Now

Archer Aviation (NYSE: ACHR) has been a divisive stock ever since it went public by merging with a special purpose acquisition company (SPAC) in September 2021. The bulls expected the electric vertical take off and landing (eVTOL) aircraft maker to revolutionize short-range flights, but the bears believed it would struggle to ramp up its production and narrow its losses.Archer's Midnight aircraft can carry a single pilot and four passengers, travel up to 100 miles on a single charge, and achieve a maximum speed of 150 miles per hour. It's promoting these drone-like aircraft as a greener, cheaper, and easier-to-land alternative to traditional helicopters.Image source: Archer Aviation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool