/A%20concept%20image%20of%20a%20flying%20car_%20Image%20by%20Phonlamai%20Photo%20via%20Shutterstock_.jpg)
Founded in 2018, Archer Aviation (ACHR) is seeking to disrupt air travel with the development of electric vertical takeoff and landing (eVTOL) aircraft. Aiming to revolutionize urban air mobility, Archer’s shares have soared by a sensational 217% in the past year, propelling its market cap to nearly $5.9 billion.