Archer Aviation has developed an electric vertical take-off and landing aircraft to revolutionize public transit in cities globally. The company is working towards full certification from the FAA, facing regulatory hurdles in the process. With plans to set up airpads in cities, Archer’s eVTOL aircraft can carry four passengers and a pilot, reaching speeds of 150 mph. While the company’s stock has had its ups and downs since going public in 2021, investors see potential in this new sector of travel. Consider the risks and rewards before investing in this innovative industry.
Read more at Nasdaq: If You’d Invested $500 in Archer Aviation 4 Years Ago, Here’s How Much You’d Have Today
