Archer Aviation (ACHR) Eyes International Expansion with Serbia Deal

Core Insights - Archer Aviation Inc. (ACHR) has announced a strategic partnership with the Government of Serbia to expand its international presence, positioning Serbia as a key hub for electric air taxis in Europe [1][2] Group 1: Partnership and Expansion - The agreement designates Archer Aviation as Serbia's preferred eVTOL partner, with an option to purchase up to 25 Midnight aircraft, indicating strong demand for Archer's technology [2] - The deal was finalized at the World Economic Forum in Davos, Switzerland, attended by Serbian President Aleksandar Vučić and Archer's Founder and CEO Adam Goldstein [2] Group 2: Upcoming Events and Demonstrations - Archer Aviation will serve as the official air taxi provider for EXPO 2027 Belgrade, showcasing its advanced air mobility solutions to millions of international visitors from May to August 2027 [3] - This partnership aligns with Archer's ongoing flight test program, certification activities, and public-private partnerships in various markets [3] Group 3: Company Focus and Development - Archer Aviation specializes in developing electric vertical takeoff and landing (eVTOL) aircraft, advancing urban air mobility solutions through partnerships and flight testing [4] - The company has been commercializing its Midnight aircraft platform since 2018, indicating a long-term commitment to the eVTOL market [4]