2024-07-02 03:44:10 ET
Summary
- Archer Aviation is a strong competitor in the urban air mobility sector, with a 50% market growth potential each year.
- Intense competition in the industry from companies like Joby Aviation, Vertical Aerospace, Lilium, EHang, and Wisk Aero. But Archer is leading in terms of design and certification progress.
- Archer's progress in prototype and certification is promising, with plans for commercial flights by 2025 and a valuation of $5.89, representing over 60% upside.
Investment thesis
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For further details see:
Archer Aviation: Promising Vision Although Commercialization Remains In Early Stages