STLA - Archer Aviation: Flying Towards 2025 Launch

2024-07-04 09:43:50 ET

Summary

• Archer Aviation is nearing eVTOL aircraft certification and preparing to launch an air taxi service right around the corner in 2025.
• Stellantis continues to invest aggressively in the company, whether via open market transactions or the funding agreement.
• The stock only has a market cap of $1.2 billion, while Archer Aviation has plans for billions in annual revenues.

Archer Aviation, Inc. ( ACHR ) is suddenly close to aircraft certification and the launch of an air taxi service. The company came public with a long, tedious FAA certification process ahead and the market has completely missed that Archer is already in production mode with large-scale production around the corner. My investment thesis remains ultra-Bullish on the business prospects of the future air taxi service just around the corner....

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