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Stock impact report

Where Will Archer Aviation Be in 3 Years? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
While this seems like an idea out of science fiction, electric vertical takeoff and landing aircraft (eVTOL), also known as flying taxis, could be coming to a city near you. Flying taxis could potentially change urban transportation, and Archer Aviation (NYSE: ACHR) is one company looking to make them a reality. The company is well-positioned in this developing industry, but still has a challenging path ahead of it as it attempts to scale its manufacturing and operate commercially. If you're considering buying Archer Aviation stock, here's the outlook for the company over the next few years. The Midnight aircraft is undergoing rigorous testing Archer Aviation's flagship Midnight aircraft is capable of vertical takeoff, landing, and hovering, similar to a helicopter. However, unlike helicopters, eVTOLs once airborne can transition into flying like traditional planes, tilting their rotors 90 degrees so that they are providing forward thrust, and remaining aloft thanks to the lif Show less Read more
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