Prediction: Archer Aviation's FAA Approval Could Be Closer Than You Think

Air taxis are a different type of aircraft But I think FAA approval could be closer than most investors think. Here's why. What does Archer Aviation do? Archer Aviation builds an electric vertical takeoff and landing (eVTOL) aircraft that is meant to be used over short distances, and it can only carry a few passengers. Effectively, it is an air taxi that can fly over congested city streets. In 2025, the company hopes to build as many as 10 of its Midnight eVTOLs in the near future. The problem here is that ...