2024-06-06 15:00:54 ET
Summary
- Archer Aviation stock is trading down more than 50% from its 52-week high, highlighting risks in the urban air mobility space.
- The company recently secured a Part 135 Air Carrier & Operator Certificate from the FAA, which is a step towards commercial operations.
- Archer Aviation's partnerships with key players like the DoD, Boeing, Stellantis, and United Airlines provide expertise, opportunities, and funds for commercialization.
Read the full article on Seeking Alpha
For further details see:
Archer Aviation Stock Soars: Balancing Risks And Commercial Success