Archer Aviation Stock Moves – DRONELIFE

Archer Aviation [NYSE: ACHR] stock has been in the news recently as Archer’s journey towards type-certification continues.

by DRONELIFE Staff Writer Ian J. McNabb

Archer Aviation, a San Jose-based eVTOL developer, recently held an event with the Federal Advanced Air Mobility interagency working group at its facility, where they showcased their new eVTOL technology. The working group, comprising of representatives from the FAA, NASA, the White House, and a host of other government agencies, is seeking new investment opportunities in advanced air mobility, which they define as “a transportation system that will move people and property by air using highly automated aircraft with advanced technologies in controlled and uncontrolled airspace within the United States”. Archer’s new “Midnight” eVTOL, first unveiled late last year, certainly fits the bill, with advanced technologies including their proprietary twelve-tilt-six configuration.

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