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Stock impact report

Archer Completes Midnight’s Transition Flight

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Business Wire
Midnight is Archer’s Second Full-Scale eVTOL Aircraft To Achieve This MilestoneMidnight completed the transition flight on June 8th flying at speeds of 100+ MPHAt ~6,500 lbs, Midnight is believed to be one of the largest eVTOL aircraft to complete transition, which is critical to being able to carry commercially viable passenger payloadsArcher has now achieved transition with two different full-scale eVTOL aircraft which is well known in the industry as a very difficult milestone few companies have reachedA transition flight occurs when the aircraft takes off vertically like a helicopter, accelerates forward, transitions from thrust-borne to wing-borne flight like an airplane with tilt propellers forward before decelerating and landing verticallyClick here to view a full video of the transition flight SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that on June 8th its Midnig Show less Read more
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