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Barchart
Barchart
Yiannis Zourmpanos

Archer Aviation Is Linking Up With the FAA in a Victory for eVTOLs. Should You Buy ACHR Stock Here?

Archer Aviation (ACHR) is gaining on news that it is coordinating with the U.S. Federal Aviation Administration (FAA) and Department of Transportation (DOT) to harmonize eVTOL rollouts in multiple nations. The statement, at the Paris Air Show, unveils a worldwide coalition with the U.K., Australia, New Zealand, and Canada — collaborating to establish a single worldwide certification regimen. The coalition was touted by CEO Adam Goldstein as “a step towards bringing our Midnight aircraft to skies around the world.”

This breakthrough reflects its efforts to introduce electric aircraft to commercial airspace, also recently supported by a U.S. executive order in favor of eVTOL testing and pilots. 

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