Tag Archives: ACHR

Archer Aviation (ACHR) stock is up about 17% on Monday, building on a 14% gain from Friday. The upside is sparked by speculation that the air taxi company is about to announce a major partnership with Tesla Inc. (TSLA). The rumors began after Archer posted a promotional video that featured its Midnight electric vertical take-off and landing (eVTOL) aircraft alongside …

Archer Aviation Inc. (ACHR) said it plans to join the new federal eVTOL Integration Pilot Program. The program was set by the White House in June to speed up the rollout of electric air taxis in U.S. cities. The Department of Transportation and the Federal Aviation Administration will run the program and give companies a way to test flights before …