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Electric air taxis, once considered futuristic, are rapidly becoming one of the most talked-about frontiers in next-generation transportation. Companies in the electric vertical takeoff and landing (eVTOL) space are racing to commercialize zero-emission aircraft that could transform urban mobility, cutting commute times from hours to minutes. Among these early innovators, Archer Aviation (ACHR) has been turning heads with its steady progress toward real-world deployment.
Archer just announced a major agreement with Korean Air to deliver up to 100 Midnight eVTOL aircraft for both government and commercial use across South Korea. The deal positions Korea as a future leader in advanced air mobility and gives Archer a massive opportunity for international growth. With shares already climbing on the news, investors are asking. Does this Korea expansion make ACHR stock a buy now? Let's dive deeper and find out.